by Teuvo Tuomi | Nov 12, 2024 | Indonesia, China, News, Trade
Protectionist “America-first” trade policies from United States President-elect Donald Trump may incentivize Chinese producers to flood Southeast Asia with cheap goods and create barriers to Indonesian exports to the US, Indonesian Employers Association...
by Teuvo Tuomi | Nov 2, 2024 | Aviation, China, Indonesia, News, Transportation, Travel
An ARJ21 plane that took off from Indonesia arrived in Guangzhou on Tuesday, completing the maiden flight of the Manado-Guangzhou route of Indonesia’s TransNusa Airlines. It’s the longest commercial route for China’s first home-grown regional jetliner. The...
by Teuvo Tuomi | Oct 30, 2024 | Economy, Indonesia, Inflation, Investment, News
Analysts are warning that Indonesia’s economy could start overheating if President Prabowo Subianto goes ahead with his plan to push the country’s gross domestic product growth to 8% per year. An overheating economy, when GDP grows unsustainably, could lead to...
by Teuvo Tuomi | Oct 20, 2024 | Economy, Indonesia, News, Reports
Indonesia’s National Development Planning Agency (Bappenas) has drawn up two scenarios to achieve president-elect Prabowo Subianto’s plan to reach 8% GDP growth. The 2025-2029 National Medium-Term Development Plan (RPJMN) envisions reaching a growth rate of 5.7%...
by Teuvo Tuomi | Oct 5, 2024 | Energy, Environment, Indonesia, Investment, News, Sustainability, Technology
The Indonesian government has relaxed the local content requirements (LCR) for developing electricity infrastructure to attract funding for renewable energy projects from international development banks. Indonesia is targeting a renewable energy mix of 23% by 2025,...
by Teuvo Tuomi | Sep 25, 2024 | Indonesia, Business, Economy, News, Reports
Indonesia’s dream of becoming a high-income economy by 2045 is bleak, the World Bank says. Achieving that target in time, Indonesia would require annual gross domestic product growth of 6-7% over the next 20 years. “For middle-income countries to have high income in...
