Indonesia’s economy suffered its sharpest downturn since the 1998 Asian financial crisis in the second quarter, as the COVID-19 pandemic shut down large parts of the country.
Trade
With tourism devastated by the pandemic, many have returned to work the fields. Some believe they will never go back.
MSMEs contributed 60.3 per cent of Indonesia’s total GDP in 2017, and absorbed 97 per cent of the total workforce and 99 per cent of total employment.
‘World’s largest solar farm’ near tiny NT town could help power Singapore via 4,500km undersea cable
‘Major project’ status from the federal government will help the approval process for the $22 billion Australian ASEAN Power Link using high-volume direct current (HVDC) technology.
Part two of this interview examines the effects of the pandemic, relationships with China, the US and others, and the next presidential election.
Prerana Mehta of AustCyber and the ACT Australia-Indonesia Business Council (AIBC) speaks to Helen Brown about cybersecurity and IA-CEPA.
Part one of this interview examines the Australia-Indonesia relationship, opportunities and challenges for business, IA-CEPA, and the status of Indonesia’s mining and resources sector.
Developing countries with an abundance of human resources, such as Indonesia, are in a prime position to make the best of the world’s realisation of the importance of diversity in supply chains.
Australian feed grain growers now enjoy sole foreign access to Indonesia and an open and transparent quota filling system under IA-CEPA.
While deeply rooted in oil and gas, energy relations between the Gulf and Indonesia are increasingly moving toward renewables such as solar.
This PAIR Overview takes a deep dive into South Sulawesi and its people and infrastructure, illustrating the importance of the province to Indonesia’s future.
Australian wheat is geographically close and well suited for noodles, but dependency on it poses a risk for Indonesia’s food self-sufficiency.
The Chinese video-sharing platform wants to capture as many of Indonesia’s 6 million SMEs as possible with its new advertising service for businesses.
The lack of clarity on the tenor of bonds the BI will buy and how it will subsequently get rid of these bond holdings have analysts worried.
The saying goes as one door closes another one opens. That may be one of Australia’s answers to our lack of on-going trade with mainland China.
Without funding reform or government intervention, the nation’s third-largest industry and greatest contributor to research and development will severely retract.
