An estimated US$2.7 billion’s worth of the country’s international trade was paid for using China’s currency in the first six months of 2020.
Trade
Indonesia’s development has been supported over several decades by one of the largest sustained multilateral aid efforts since WWII, from which Australia has also benefited.
The exchange’s short-term performance won’t have a big impact on the real economy – simply because not that many people are exposed to it.
Indonesia relies heavily on imported tobacco products (including Virginia tobacco leaves from China, Brazil and the US), at the expense of local producers.
IPB University’s Center for Coastal and Ocean Resources Studies (CCORS) has developed a range of food and drink products containing the micro marine algae spirulina.
Support is needed to strengthen Indonesia’s fast rising digital economy with greater inclusivity and cybersecurity.
Indonesian female entrepreneurs tend to work in slower productivity fields and also have less access to skills development training, technology, and business networks.
It is a relationship that has perhaps never been more important to Australia, particularly as ties with China continue on a downward spiral.
New research will help governments grappling with the impossible decision of choosing health or the economy whilst both are in crisis.
“We expect the new green industries in Indonesia to substantially diversify, broaden and deepen Indonesia’s already skilled workforce,” Andrew Forrest said.
A brown seaweed extract — sodium alginate from S.duplicatum — has antibacterial qualities and acts as a strong wound absorber and accelerates cell regeneration.
The man often referred to as the “minister of anything” is single-minded in his determination to use Indonesia’s vast natural resources to make the country part of the global supply chain.
An Universitas Airlangga professor says the key to Indonesia’s economic recovery is the development of its downstream fisheries industries.
A key data point might be the size of Southeast Asia’s pool of “competitive” parents willing to splurge to give their children any advantage.
AIC Senior Fellow Dr Wilmar Salim finds a silver lining in the dark cloud of the pandemic, looking beyond just economic sectors to examine the geographical distribution of growth.
“[We are establishing] the maritime highway to lower price disparity in eastern Indonesia and to bring balance,” the Transportation Minister said last week.