Malaysia and Indonesia are two countries where China is making significant inroads with projects including industrial parks, ports, nickel-processing plants, auto factories and more.
Business
USTR report criticises how QRIS implementation limits access for international stakeholders — particularly US companies — and creates an imbalance in Indonesia’s digital payments market.
Indonesia wishes to explore critical mineral collaboration with Australia – an ambition Australia needs to take seriously.
Indonesia has unveiled a new accelerator programme focused on artificial intelligence (AI) to bolster the growth of startups and advance the national digital economy. The initiative aims to empower local innovators and position Indonesia as a leading centre for AI development in Southeast Asia.
Indonesia’s Ministry of State-Owned Enterprises (BUMN) plans to establish an investment holding company under Danantara Investment Management to oversee state-owned enterprise (SOE) assets.
Indonesian manufacturers are urgently seeking new export markets, after the United States last month announced a 32 per cent tariff on its goods.
Indonesia is pushing to revive its struggling textile sector by reconciling the conflicting interests of domestic producers and importers. The government aims to strengthen local production through new policies while balancing trade liberalisation.
Indonesian President Prabowo Subianto’s food security initiative increasingly relies on military involvement, from appointing generals to civilian positions to deploying troops for forest clearing in Papua.
Indonesia must ride this momentum to adapt by pushing for regional economic integration, diversifying partners and increasing export competitiveness.
Indonesia’s government on Wednesday defended the country’s plan to hike mineral royalties, arguing the policy that has attracted widespread criticism from industry will “benefit” Southeast Asia’s largest economy.
Diversifying exports to countries beyond the US is unfeasible in the short term because of either limited market demand or intense competition from local players in target countries.
Indonesia is exploring new export opportunities in the so-called “eggflation” that is currently striking the US as Jakarta finds the egg shortage to have opened up export opportunities.
There’s a whiff of 1998 in the Jakarta air as investors flee Indonesia’s currency and the stock market.
The outflows are nowhere near those that toppled then-dictator Suharto. His downfall came amid the chaos of the Asian financial crisis. Massive street protests forced the military officer-turned-president to resign in May 1998.
Indonesia’s sovereign wealth fund Danantara will focus on investments in the mineral sector, digital infrastructure, renewable energy and healthcare, among others, even as critics questioned its ability to avoid mixing business with political interests.
Indonesia Airlines Group (INA), a new carrier backed by Singapore-based Calypte Holding Pte Ltd, is set to enter Indonesia’s aviation sector with a focus on international routes. Unlike most local airlines, INA aims to position itself as a premium airline.
