by Teuvo Tuomi | Nov 5, 2023 | Environment, Indonesia, Technology
The Indonesian government is determined to expand the electric vehicle (EV) sector to reduce the high reliance on coal and the increasing impacts of global warming. Indonesia plans to start mass-producing electric cars and motorcycles, aiming for EVs to make up at...
by Teuvo Tuomi | Oct 7, 2023 | Economy, Indonesia, News, Technology
The World Bank praises Indonesia over recent legal changes encouraging investment in the country. At the same time, it says Jakarta has not done enough to reform trade policies that are hurting the manufacturing sector. World Bank chief economist for the East Asia and...
by Teuvo Tuomi | Aug 25, 2023 | News, Economy, Vietnam
Vietnam received over 677 million USD in aid from foreign non-governmental organizations (NGOs) during 2020-22, according to the Party Central Committee’s Commission for External Relations and the Vietnam Union of Friendship Organisations (VUFO). As of late 2022,...
by Teuvo Tuomi | Aug 14, 2023 | ASEAN, Economy, Indonesia
Finance Minister Sri Mulyani Indrawati confirms that Indonesia has officially expressed its interest in becoming a member of the Paris-based OECD forum. Meanwhile, President Joko “Jokowi” Widodo has also emphasized his desire for a seamless and swift path to...
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...