The Indonesian government is actively pursuing membership in the Organization for Economic Cooperation and Development (OECD) as part of its ambition to become a high-income country, a senior official said.
Business
Jakarta continues its drive to add value through processing at home.
The growth opportunity for the green economy in Indonesia is estimated to be valued at US$400 billion, combining industry revenue and carbon offset potential, according to a report from AC Ventures and Boston Consulting Group (BCG).
For years, Indonesian and Australian leaders have been meeting to shake hands and declare the huge potential for our two countries to build closer relations.
Indonesian low-cost carrier Citilink is returning to Perth with the resumption of services to Bali and a new route to Jakarta.
Privy, one of Indonesia’s leading digital trust providers, has become the first Indonesian technology company to export its digital identity operations into Australia.
The Indonesian leader “says he hopes to clinch a landmark deal” with Australia on electric vehicles that he believes can make the countries major players in a mega-industry dominated by China”.
Kevin Evans, of the Australia-Indonesia Centre, says it would be difficult for Indonesia to achieve its EV ambitions without Australian lithium.
Solo Mayor Gibran Rakabuming, eldest son of Indonesian President Joko Widodo, has just handed out 61 electric motorcycles to government workers in the Central Java city of Surakarta.
Minister of Maritime Affairs and Investment, Luhut Binsar Pandjaitan, plans to visit the International Monetary Fund (IMF) to discuss the IMF’s request for Indonesia to consider lifting the policy banning nickel exports.
Mitsubishi UFJ Financial Group (8306.T) said on Monday it was buying Indonesian auto loan provider Mandala Multifinance (MFIN.JK) for 7 trillion rupiah ($467 million) to deepen its Asian presence and tap consumption growth in emerging markets.
Dubai-based ports operator aims to increase BNCT’s capacity to 1.4 million TEUs, up from 600,000 TEUs.
Indonesia has launched its first satellite into space to “ensure equal” access to the internet throughout the country.
“During the COVID-19 pandemic, only the agricultural sector grew. It was not the Ministry of Agriculture that made the data but Statistics Indonesia (BPS),” the minister remarked on Saturday.
The governments of Australia and Indonesia have announced the completion of two facilities in Jakarta to improve safety measures across the maritime sector – a Solid Bulk Cargoes Testing and Training Facility and the Ship Safety Inspection Centre of Excellence.
Indonesia’s trade logistics performance is still lagging behind other ASEAN member states and the government is blaming the country’s geographical traits for its underwhelming performance.
