BFM: Travel Bubble with Indonesia Gets Green Light

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Segi Enam Advisors principal Khor Yu Leng was invited on BFM to give her thoughts on the recent developments in the trade relationship between Malaysia and Indonesia. This remains a highly relevant issue, especially in light of the recent meeting between Prime Minister Muhyiddin Yassin and President Joko Widodo, which saw the two leaders discuss various regional concerns, including the two countries’ ongoing defence of palm oil and the political unrest in Myanmar. Click on the following link to listen to the podcast: Travel Bubble with Indonesia Gets Green Light.

With Malaysia and Indonesia agreeing in principle on a Reciprocal Green Lane, we speak to Khor Yu Leng to understand if this would strengthen trade ties between both countries, and if this points to the re-opening of our economy internationally.

Image Source: Afif Kusuma, Unsplash; produced by: Adeline Choong; presented by: Lee Chwi Lynn, Sharmilla Ganesan

Malaysia-Indonesia Top Exports (4 HS code)

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Top Indonesia exports to Malaysia

  1. Coal, briquettes, etc.

  2. Petroleum coke, bitumen, etc.

  3. Palm oil and its fractions

  4. Flat-rolled products of stainless steel

  5. Copper, refined, alloys, etc.

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Top Malaysia exports to Indonesia

  1. Petroleum oils, etc.

  2. Polymers of ethylene

  3. Polymers of propylene, etc.

  4. Semi-finished products of iron or non-alloy steel

  5. Electronic integrated circuits