KCIC records 11,000 passengers of Whoosh HSR on Saturday
Jakarta, 23 October 2023 – PT Kereta Cepat Indonesia China (KCIC) on Saturday (October 21) recorded Whoosh’s highest train occupancy rate with 11,329 passengers boarding this Jakarta-Bandung High-Speed Railway in a day since its commercial operations were commenced on October 17. This train occupancy rate (TOR)…
Bank Indonesia to stay put till year-end, cut in Q2 2024
Jakarta, 20 October 2023 – Bank Indonesia (BI) will follow its regional peers and leave its interest rate unchanged on Oct. 19, staying on the sidelines for longer than previously expected, a Reuters poll found. With inflation at a 19-month low of 2.28% in September, firmly within…
Indonesia backs global fight against plastic waste
The Indonesian government has voiced its full support for the global agenda to combat plastic waste polluting land and seas, according to the Ministry of Environment and Forestry (KLHK). “Indonesia is currently implementing policies aimed at combating plastic waste and pollution,” said Ary Sudijanto, Head…
Jokowi-Xi Jinping Talks: Indonesia Wants Stronger Investment Ties
Jakarta, 20 October 2023 – President Joko “Jokowi” Widodo recently met with his Chinese counterpart Xi Jinping and as expected, Jakarta tried to pursue stronger investment ties with Beijing, particularly in the electric vehicle (EV) battery and petrochemicals sectors. The two leaders had a bilateral…
Trade Expo Indonesia 2023 Books US$4.9bn in Transactions on First Day
Jakarta, 20 October 2023 – The Indonesian Trade Ministry stated that the 38th Trade Expo Indonesia (TEI) recorded US$4.9 billion in transactions on its first day, with 99 trade deals signed. India contributed the largest transaction value of US$3.3 billion. Deputy Trade Minister Jerry Sambuaga witnessed the signing…
BMKG: Hot Weather to Persist Throughout October
Jakarta, 20 October 2023 – The Meteorology, Climatology, and Geophysics Agency (BMKG) explained the hot weather with a maximum temperature of 37 degrees Celsius that occurred in almost all of Indonesia. The Head of Forecasters Working Group BMKG Miming Saepudin stated that between 1991 and…
G20 Summit: India Bats For The Global South
by Gurjit Singh, former Ambassador to Germany, Indonesia, Ethiopia, ASEAN and the African Union, on Outlook. NEW DELHI, 8 September 2023 – India’s rising stature particularly among the Global South is reinforced with the G20. India has been a partner of Africa, ASEAN, Pacific islands,…
Digital Transformation and Digital Public Infrastructure for Enabling Economic Growth
JAKARTA, 5 September 2023 – The Indian Mission to ASEAN and Embassy of India, Jakarta in association with KADIN and Invest India organized a panel discussion on ‘Digital Transformation and Digital Public Infrastructure for Enabling Economic Growth’ to promote multilateral cooperation between India and the…
ASEAN Centre for Energy strengthens regional partnerships through multiple MoUs
JAKARTA, 4 September 2023 – The ASEAN Centre for Energy (ACE) has signed a series of significant Memoranda of Understanding (MoUs) with key regional and international partners, solidifying the center’s commitment to fostering energy cooperation, sustainability and innovation across the region. The MoUs were signed…
PepsiCo Returns to Indonesia with $200 Million Investment
CIKARANG, 31 August 2023 – US food and beverage giant PepsiCo has announced a substantial investment of $200 million to build a new snack factory in Indonesia. This move marks the company’s return to the country after a four-year absence. The factory, located in the…