by Teuvo Tuomi | Jul 26, 2023 | Economy, Indonesia, News
Indonesia’s Investment Coordinating Board (BKPM) says that for the first half of the year, the country is nearly halfway to its 2023 investment target. BKPM head Bahlil Lahadalia reports the 678.7 trillion rupiah (45.1 billion USD) in investment realized in the...
by Teuvo Tuomi | Jul 7, 2023 | Economy, Indonesia, News
Indonesia has returned to the rank of an upper-middle-income country, marking the bounce back of its economy following the pandemic. The country’s gross national income (GNI) per capita, which measures the sum of money a nation earns divided by its population, reached...
by Teuvo Tuomi | Jun 11, 2023 | Indonesia, Business, Economy, Malaysia
Indonesian President Joko “Jokowi” Widodo has called for stronger collaboration with Malaysia to protect palm oil products threatened by a European Union trade law he termed “discrimination”. The European Parliament adopted the new legislation...
by Teuvo Tuomi | Jun 2, 2023 | Indonesia, Lifestyle, Travel
The Indonesian government is planning to roll out the red carpet for global talents through a soon-to-be-launched “golden visa” program. It aims to make Indonesia a more enticing place to work through a long-stay permit. Tourism and Creative Economy Minister Sandiaga...
by Teuvo Tuomi | Jun 1, 2023 | Indonesia, Technology
Indonesia is becoming a battleground for the batteries used in electric vehicles (EVs) as a major Chinese company and its local partner gear up to build Indonesia’s first electric bus and lorry assembly facility. The competition is between the longer-range...
by Teuvo Tuomi | May 20, 2023 | Indonesia, Technology, Travel
Bali is finally getting its own light rail transit (LRT) system, taking passengers from the Ngurah Rai International Airport to the tourist hub of Kuta. The LRT project has been in the works for years, but it has now received official approval from the central...
