Indonesians robbed of their savings in cyber scams report little relief from banks or authorities.
Business
More than 100 Australian cattle have died on a live export ship to Indonesia — likely one of the highest mortality rates ever reported on an Australian cattle shipment.
Nickel miner PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island, with an estimated cost of 30 trillion rupiah ($1.91 billion), its investment ministry said.
A webinar organised by the Australia-Indonesia Business Council discussed the implications for commerce and trade of the election of Prabowo Subianto as President of Indonesia.
As the country prepares to confirm the election of its youngest ever vice president, the country hopes its younger population will power its rise to become the world’s fifth-largest economy.
For foreign investors looking to establish a manufacturing presence in Indonesia, setting up a foreign investment company (PT PMA) is the ideal business entity for such business operations.
Dietary supplements sales on the re-opened TikTok shop in Indonesia are struggling to get back to previous heights, despite other categories such as FMCG and beauty products soaring.
Indonesian Vice President (Wapres) Ma’ruf Amin stated that Indonesia has the potential to reduce beef imports by developing cattle farms in Sulawesi, Kalimantan, and East Nusa Tenggara (NTT), reported ANTARA news agency.
Indonesia is making its national digital ID system an acceptable means of accessing public services as the next step in its government digital transformation, Antara News reports.
Backed by Chinese capital, Indonesia’s rapidly growing nickel sector has shown how important geology, technology and controlling the means of production is to the battle lines being drawn over critical minerals.
Indonesia may have to widen its budget deficit to fund a multi-billion-dollar free school lunch programme promised by likely new president Prabowo Subianto, showed a briefing document seen by Reuters.
For the first time since Australian Bureau of Statistics (ABS) has collected travel records (nearly 50 years ago), in 2023 Indonesia replaced New Zealand as the top destination for short-term trips overseas by Australians (short-term resident returns).
Australia is no longer competitive in the nickel market, largely due to Indonesia’s recent domination in the sector. This domination strategy has been carefully planned by Indonesia as it looks to boost its downstream industrial policy in critical minerals processing with the backing of Chinese investments.
Australia’s live cattle trade to Indonesia is back on track after Indonesia’s Ministry of Trade issued the first import permits for 2024.
Government issues first horticulture import permits for 2024 after lengthy delay.
Indonesia’s economy grew 5.05% in 2023 from a year earlier, slowing from a 5.31% expansion the previous year due to weaker growth in exports, official data showed
