Civil servants, religious figures, journalists among groups set for 2nd phase of COVID-19 vaccinations in Indonesia
JAKARTA – Indonesia has identified groups within society who are set to receive the COVID-19 vaccine soon, with journalists, athletes, and civil servants included among them. The Health Ministry said the second phase of vaccinations — set to follow immediately after the first phase for…
Garuda Indonesia Reduces Leased CRJ1000 Fleet
JAKARTA-What’s known is that Garuda Indonesia did a deal with Canada’s Bombardier to acquire six CRJ1000 aircraft through Export Development Canada (EDC). Those planes include PK-GRA, PK-GRC, PK-GRE, PK-GRF, PK-GRG, and PK-GRH. Then, Garuda Indonesia also did a second deal to lease a further 12…
Ooredoo Group announces net profit of QR1.1bn in 2020
JAKARTA- Ooredoo Group has posted a net profit of QR1.1bn in 2020, which was down 35% year-on-year mainly due to lower EBITDA and one off gains in 2019 from the Indonesian tower sales. In Q4, 2020 the net profit was “negatively impacted” by foreign exchange…
Eni tipped to takeover giant Chevron project in Indonesia by March
JAKARTA – SKK Migas, Indonesia’s upstream regulator, expects Eni to takeover Chevron’s giant Indonesia Deepwater Development (IDD) during the first quarter 2021. If the move comes to pass, expect other potential buyers, that could include Pertamina, Sinopec, Neptune Energy and Saka Energi, to be in…
Australia Seeks to Bolster Agricultural Trade to Indonesia
JAKARTA -After a year of bushfires, floods, and drought, the Australian agricultural industry is on the road to recovery. One of the countries that will play a major role in helping heal this industry is Australia’s biggest neighbor, Indonesia. Several factors may add the pace…
Deep Dive on Indonesia’s Gotong Royong Vaccination Program
What is the Gotong Royong Vaccination Program? The Gotong Royong Vaccination Program is a program that is aimed at companies/entrepreneurs to provide vaccinations for employees/employees’ families. This is an optional program as the Government has also established a National Covid-19 vaccination program which is given…
Top 10 Foreign Direct Investors in Indonesia Over The Past 5 Years in Million US Dollars
China has over taken Japan as the second largest foreign investor in Indonesia after Singapore in 2019 when it doubled its investments to US$4.7 billion from US$2.4 billion in the previous year. In the fourth quarter of 2019 alone, Chinese investments accounted for just over…
Indonesia’s Q4 GDP shrinks more than expected, first full-year contraction since 1998
JAKARTA- Indonesia’s gross domestic product fell slightly more than expected in the fourth quarter and suffered its first full-year contraction in over two decades in 2020 as Southeast Asia’s largest economy grappled with the COVID-19 pandemic. GDP shrank 2.19% on an annual basis in October-December,…
AI strawberries and blockchain chicken: how digital agriculture could rescue global food security
JAKARTA -In May 2020, with technical support from the UN FAO, China Agricultural University and Chinese e-commerce platform Pinduoduo hosted a “smart agriculture competition”. Three teams of top strawberry growers – the Traditional teams – and four teams of scientific AI experts – the Technology teams…
Calls for Collaboration and Rebuilding Trust Set Tone for The Davos Agenda
JAKARTA – Setting the tone for the meeting, the key themes of the first day of the World Economic Forum Davos Agenda 2021 on Monday (January, 25) proved to be “trust”, “solidarity”, “respect”, “transparency” and “collaboration”. Chinese President Xi Jinping, making the first special address of the…