Expanding the middle class can help Indonesia grow faster and share prosperity more broadly across the population, according to a report released today by the World Bank.
Media update
Since its early years, Indonesia has developed strategic doctrines that include the concept of a total people’s war, the archipelagic outlook, and the concept of national resilience.
“For the first 12 months we will open five stores in Jakarta, targeting the middle class. We chose Taco Bell because their products are good and healthy.”
The Indonesian office the WWF has expressed shock at the termination of its forest conservation partnership with the country’s environment ministry, three years before it was due to expire.
Likupang, in Indonesia’s North Sulawesi, is one of five new economic zones the Indonesian Government is developing alongside its plan to create 10 “new Balis”.
According to the Indonesian National Commission on Human Rights, revulsion over the Sinaga case has sparked a widespread homophobic backlash in his Muslim-majority Southeast Asian homeland.
Minister Yasonna Laoly says that Indonesia cannot abruptly stop its visa-free policy for all Chinese nationals, citing concerns over diplomatic relations, despite mounting calls for the government to do so.
“We know that financial literacy has increased from 29.7 percent in 2016 to 38.03 percent in 2019. It has indeed increased, but the figure is still low.”
The latest interaction spotlighted ongoing efforts by both countries to manage the defense aspect of their relationship.
Indonesian President Joko “Jokowi” Widodo is expected in Australia from February 8 to 11 with the visit scheduled during a joint sitting week to accommodate a parliamentary address.
“Access to credit is a huge problem for Indonesian millennials, and we are solving for it through convenience, transparency and fairness.”
Telkom has blocked Netflix for its 112 million data customers on its network – though the company’s public relations officer said it “is not blocked, it cannot be accessed”.
“It would take 50 years to revise the laws one by one… this will be a big leap forward for our services to the people, businesses and small and medium enterprises which can contribute significantly to the economy.”
With the completion of the Palapa Ring, investors should expect new income streams for digital businesses as Indonesia’s digital economy rapidly expands with the increased high-speed internet access.
So far, WeChat Pay is the only foreign digital wallet service that has been able to obtain permission from BI to operate in Indonesia through a partnership with Bank CIMB Niaga.
GrabCar Elektrik will be made available with the deployment of 50 Hyundai Ioniq EV cars, with a pilot service at Jakarta’s Soekarno-Hatta International Airport.
