Government Support
Indonesia Secures 91 Golds, Finishes Second at SEA Games 2025
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Indonesia's athletes concluded the 33rd SEA Games 2025 in Thailand with 91 gold, 111 silver, and 131 bronze medals, totaling 333 and placing second overall. Building on mid-event progress, the success is attributed to enhanced government support, including doubled gold bonuses from President Prabowo Subianto, boosting athlete morale.
The science ministry announced on Monday that a local artificial intelligence research firm nurtured at a state-run industrial cluster has become an affiliate of a Nasdaq-listed rare earth supply chain company, effectively entering the U.S. stock market. Hanlab, an AI automation firm based at Innopolis Daedeok in the central city of Daejeon, has become a subsidiary of Evolution Metals & Technologies (EMAT) Corp., which debuted on the Nasdaq last month. This marks the first time a research institute from a state research and development cluster has advanced through the Nasdaq market.
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Trade Minister Yeo Han-koo met with major petrochemical companies on Dec. 9 to discuss responses to trade barriers imposed by major economies, such as import regulations and non-tariff measures. The meeting focused on strengthening government-private sector cooperation, identifying and improving non-tariff barriers, and creating new business opportunities through free trade agreements with emerging economies like Bangladesh and Pakistan. Yeo shared outcomes from his recent meeting with the European Commission and pledged government support.