Luhut Pandjaitan said that Japanese conglomerate Softbank offered to cover the cost of Indonesia’s new capital city development, which would likely reach USD 30 to 40 billion.
The activity was part of the Green Charity for Flowery ITS event, held to celebrate World Movement Million Trees. The planting took place at ITS Alumni Park on 10 January 2020.
According to the Director of Seameo Biotrop, the selection of appropriate types of plants — namely eucalyptus, ylang, nutmeg and citronella — can reduce the risk of erosion, landslides, and floods.
The private sector, including technology companies, must actively drive social and economic inclusion of the 14 per cent of Asean’s population that still lives below the international poverty line.
“Indonesia has a huge market for this segment… Student loans are relatively untouched by financial services and technology, so we think that this is the right time for us to address this.”
Early lessons from Indonesia, China, and Australia on how regulatory innovation in fintech achieves inclusivity
These three different regulatory regimes each offer lessons in terms of privacy, data security and innovation.
Since the last standoff between China and Indonesia in 2016, Indonesia has been increasing its defence, but not to the extent that it has deterred China from causing problems.