Trade War: Indonesia is Not Among China’s Choices for its Industrial Relocation
Source: Kompas, October 7 2019 Writer: Akhdi Martin Pratama, Editor: Bambang Priyo Jatmiko JAKARTA, KOMPAS.com – Indonesia is said to be the only country in ASEAN to have lost its chance in taking advantage of the trade war’s effects between the United States and China. Many…
Disciplines in High Demand by 2020
Source: Kompas, October 6 2019 01 Information Engineering Not surprisingly, cyber security experts are in demand all over the world. In the past five years, demand for intelligence and data policy analysts has grown by 21.4%. It is estimated, the demand for ICT professionals (information,…
Indonesia Will Open Up to More Foreign Investment, Jokowi Says
Source: Bloomberg, October 3 2019 By Karlis Salna and Rieka Rahadiana (Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes. Indonesian President Joko Widodo said he’ll introduce sweeping changes to labor rules…
Global Manufacturing Contraction Stretches to Longest in 7 years
Source: Financial Times, October 1 2019 By Valentina Romei in London Global manufacturing activity further deteriorated in September as exports orders fell amid an escalation in the US-China trade war. The JPMorgan Global Manufacturing PMI rose marginally to 49.7 in September from 49.5 in August, marking…
Global Trade Is Deteriorating Fast, Sapping the World’s Economy
Source: The New York Time, October 1 2019 By Peter S. Goodman LONDON — As President Trump intensifies his trade war with China, and as factories slow in major industrial nations, world commerce is deteriorating rapidly, a perilous development that threatens the health of the global…
China Narrows Scope for Trade Deal With U.S. Ahead of Talks
Source: BloombergQuint, October 7 2019 By Shawn Donnan and Jenny Leonard Chinese officials suggest a broad pact is off the table U.S. president still insists any deal has to be “100% for us” (Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in…
The Top 100 Websites in the World
Source: Visual Capitalist, August 7 2019 Using data from SimilarWeb, Visual Capitalist ranked these websites, what information is most frequently searched, which services they use, and how they spend their time online. No Domain Monthly Visits(Billions) 1. Google.com 60.49 2. Youtube.com 24.31 3. Facebook.com 19.98 4. Baidu.com…
Indonesia is Looking to Overhaul its Tax System. Here are 6 Important Changes You Need to Know
Source: The Conversation, September 24 2019 Southeast Asia’s biggest economy, Indonesia, is planning to issue a new tax law to jump-start its economy amid stagnant local and global economic conditions. The new law aims to deregulate existing tax requirements to create a more open business climate. Indonesia…
Foreigners Dump $1.2 Billion of Indonesian Stocks After Weak Growth, Protests
Source: Bloomberg, September 30 2019 Foreign investors pared their holdings of Indonesian stocks as escalating political demonstrations added to worries of a slowdown in Southeast Asia’s largest economy. Net foreign selling in the equity market reached $1.2 billion in the third quarter, set for the…
Why It’s Another Bad Year for Indonesia’s Forest Fires
Source: Bloomberg, September 19 2019 By Yoga Rusmana An annual nuisance, stinging smoke from massive wildfires is blanketing parts of Indonesia, Malaysia and Singapore this year on a greater than usual scale. Most of the blazes result from illegal slash-and-burn methods used to clear farmland for…