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Indonesian Forest Loss Increase Seen As Historically Low: WRI

Indonesian Forest Loss Increase Seen As Historically Low: WRI

by Teuvo Tuomi | Apr 29, 2024 | Environment, Indonesia, Lifestyle

Indonesia had a 27% increase in primary forest loss in 2023 from the previous year, according to the World Resources Institute (WRI). However, WRI sees the loss still as historically low compared to the 2010s. “Deforestation has been declining from six or so...
Bank of Indonesia Raises Interest Rates as a ‘Preemptive Measure’

Bank of Indonesia Raises Interest Rates as a ‘Preemptive Measure’

by Teuvo Tuomi | Apr 26, 2024 | Indonesia, Business, Economy, News

Bank Indonesia (BI) has raised its key interest rates in what it calls a “preemptive measure” in light of global risks caused by the uncertain outlook for monetary policy in the United States and geopolitical tensions. The central bank lifted the benchmark BI Rate by...
Authorities Warn about Volcanic Activity in Indonesia

Authorities Warn about Volcanic Activity in Indonesia

by Teuvo Tuomi | Apr 22, 2024 | Indonesia, News, Weather

Amid heightened activity at several volcanoes across Indonesia, authorities are warning about potential eruptions and to refer only to information from credible sources. The Center for Volcanology and Geological Hazard Mitigation (CVGHM) maintained on Saturday the...
Finnfund Invests in Indonesian FinTech Company

Finnfund Invests in Indonesian FinTech Company

by Teuvo Tuomi | Apr 19, 2024 | Business, Finland, Indonesia, News

Finnish OP Finnfund Global Impact Fund I has invested 5 million USD in Indonesian FinTech company AwanTunai. AwanTunai offers inventory financing, integrated online ordering, and inventory management solutions. Their customer group is merchants and wholesalers all...
Indonesia Becoming Leader in Fintech

Indonesia Becoming Leader in Fintech

by Teuvo Tuomi | Apr 2, 2024 | Business, Digitalization, Economy, Indonesia, Reports, Technology, Visions

Indonesia, the world’s fourth most populous nation and the largest economy in Southeast Asia, is being recognized as a leader in fintech development and innovation. The country has become home to a diverse range of fintech startups, including several that offer...
Dengue Fever Cases Spike in Indonesia

Dengue Fever Cases Spike in Indonesia

by Teuvo Tuomi | Mar 31, 2024 | News, Health, Indonesia, Society

Dengue fever cases and deaths from the illness have increased in Indonesia as the El Niño weather phenomenon causes a hot rainy season across the country. The Health Ministry recorded some 35,500 dengue cases nationwide from the beginning of January to 18 March, with...
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