President Joko Widodo has overseen an era of strong growth and rapid development. In an interview, he reveals far larger ambitions.
Business
When the G20 summit opened in Bali in November 2022, rancour over Russia’s ongoing invasion of Ukraine was high. According to the host, Indonesia’s President Joko Widodo, this was the “most difficult” G20 summit ever.
Indonesia has inked three different trade agreements meant to improve access to the Australian market, but the country’s exports to its southern neighbor have barely budged over the past years, the government said.
Indonesia President Joko Widodo on Thursday (Nov 2) said the government will push for the development of a domestic seaweed processing industry, including for the production of fuel.
Indonesia’s gross domestic product is expected to grow 5.0-5.1 per cent year on year at 2023-end, supported by factors, including spending before 2024 General Elections, an economist of the University of Indonesia Teuku Riefky stated.
Not only is the country grappling with a falling rupiah, food insecurity and a current account deficit, but investors are also staying on the sidelines until a winner emerges from the Feb 14 poll.
Chinese group sets up teams to explore way forward after biggest ecommerce market imposes curbs.
There are no official statistics on the cost of presidential campaigns in Indonesia. Fahri Hamzah, a senior politician, has estimated it at around IDR 5 trillion (US $317 million). Meanwhile, Ridwan Kamil, former governor of West Java, said it costs around IDR8 trillion (US $507 million) to run for president.
Two popular ex-governors have kicked off the race to succeed Indonesian President Joko Widodo, registering as candidates for the February election and promising more jobs and better public services in the world’s third-largest democracy.
Penduduk desa Laikang dan Pitusunggu memberikan sambutan hangat kepada peneliti PAIR yang baru saja kembali ke komunitas kecil di Sulawesi Selatan untuk mempresentasikan temuan mereka di industri rumput laut.
Adani Ports and Special Economic Zone Ltd (APSEZ) is in talks with the Indonesian government to develop the strategically vital Sabang Port, two people aware of the matter said.
Indonesia said Thursday that it still did not have any plans to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
For several years, Tesla and its CEO Elon Musk have flirted with entering the Indonesian market. The Indonesian government has made overtures, while Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan showed up at Tesla’s manufacturing plant in Texas.
A senior diplomat on Tuesday dropped some hints that a European company was already serious about building a nickel smelter in Indonesia, although the government official refused to go into details.
TikTok has halted its online retail operation in Indonesia to comply with the country’s decision to ban e-commerce transactions on social media platforms — a big blow to the video platform’s fastest-growing market.
The Constitutional Court delivered a decisive ruling on Monday, rejecting a motion by labor unions aimed at annulling a government regulation in lieu of the job creation law, which has been criticized for favouring employers over workers.
