Indonesia’s economy grew by 5.11 percent year on year in the first quarter of this year, Statistics Indonesia BPS announced recently.
Business
Indonesia is a country that is booming economically and demographically. This not only matters for regional political and energy security, but also increasingly, for the world’s energy transitions, due to Indonesia’s large metal reserves, as well as its equally important coal consumption in industry and for power generation.
According to Swire Shipping, the cargo was loaded in Mokpo, South Korea and shipped to Balikpapan, Indonesia. It was destined for the Refinery Development Master Plan (RDMP) in Balikpapan, a strategic national refinery enhancement project. The project is designed to bolster energy resilience and self-sufficiency.
China’s Ant Group is in talks with Indonesia to bring its popular cross-border payment service Alipay+ there, the chief of its international business was quoted by media as saying on Friday after meeting with the country’s communications minister.
There has been rising awareness among the young generation of scientists in Indonesia of the need to advocate for the use of sciences in responding to upcoming and current multidimensional crises.
In 2022, Indonesia began implementing its Just Energy Transition Partnership (JETP), aiming to mobilise $20 billion over three-to-five years.
Indonesia’s move to get more goods produced onshore is already starting to backfire, with companies warning that supplies of products including Apple Inc.’s MacBook Pro could start to run out as soon as the end of April.
Indonesians robbed of their savings in cyber scams report little relief from banks or authorities.
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.
