Air Carriers Reflect on Flight Ban Amidst Coronavirus Crisis
Indonesian air carriers are reviewing the effects of the temporary travel ban to China imposed by the government, which was initially implemented to prevent the spread of novel coronavirus from China’s province of Wuhan. Indonesian air carriers are reviewing the effects of the temporary travel ban…
The Digital Economy of Indonesia; What Makes Indonesia a Superb Playground for Companies & Investors in Online Business Activities?
Internet has opened the doors to an enormous amount of information and data that are readily available by only a click or two (thereby completely changing the way people access and consume information). Moreover, Internet users do not need to be consumers of what is…
Indonesia’s productivity lower than ASEAN countries, Japanese company survey says
Indonesia’s productivity in the manufacturing industry is lower than that of its peers in Southeast Asia, a survey conducted by the Japan External Trade Organization (JETRO) has found. Indonesia’s productivity in the manufacturing industry is lower than that of its peers in Southeast Asia, a…
Australia’s Monash to Open Indonesia’s First Foreign University Campus
Monash University has won approval to set up the first foreign university campus in Indonesia, the Australian institution said on Monday, as Southeast Asia’s biggest economy moves to free up areas of restricted investment. Monash University has won approval to set up the first foreign…
Australia, Indonesia Move to Implement Trade Deal
Australia and Indonesia announced a 100-day plan on Monday to implement a long-awaited trade deal, as the two countries hailed a “new beginning” for their sometimes troubled relationship. Australia and Indonesia announced a 100-day plan on Monday to implement a long-awaited trade deal, as the…
Reform Even More Pressing as Indonesia Misses 2019 Growth Target
Indonesia’s economy expanded by 5.02 percent in real terms last year, missing the government’s growth target and posting its slowest growth in four years as exports contracted while investment and manufacturing stalled, the Central Statistics Agency said on Wednesday. Jakarta. Indonesia’s economy expanded by 5.02 percent…
Indonesia Expects to Adopt Data Protection Law Sooner
The Indonesian government will speed up mutual works with the House of Representatives in the deliberations of the bill on personal data protection to make up for the very late move it has taken, a minister said in a recent interview. Jakarta. The Indonesian government will…
China Injects US$174 Billion into Markets, Rupiah Strengthens
Indonesia’s rupiah closed higher by 27 points or 0.19 percent at Rp13.715 against the United States (U.S.) dollar, Tuesday evening, after China injected US$174 billion liquidity into markets via reverse repo operations, Monday. A drop in interest rates and China’s stimulus to the markets pushed…
Asia’s Next Clean Energy Battle Isn’t in China or India. It’s in Indonesia.
Indonesia’s electricity needs are projected to double in the next 10 years, driven by massive demographic changes in the workforce. Without prompt action, its reliance on fossil fuels threatens to offset the region’s positive growth towards renewables. Indonesia’s electricity needs are projected to double in…
JCR Agency credits Indonesia with BBB+ rating
Japan Credit Rating Agency, Ltd. (JCR) has upgraded its sovereign credit rating for Indonesia from BBB/positive outlook to BBB+/stable outlook (investment grade) as of January 31, 2020. Jakarta (ANTARA) – Japan Credit Rating Agency, Ltd. (JCR) has upgraded its sovereign credit rating for Indonesia from…