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Indonesia Needs Miracle to Become High-Income Country by 2045: World Bank

Indonesia Needs Miracle to Become High-Income Country by 2045: World Bank

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...
Guide to Hiring in Indonesia Available

Guide to Hiring in Indonesia Available

by Teuvo Tuomi | Sep 22, 2024 | Indonesia, Business, Reports, Society

Hiring in Indonesia requires some knowledge. With over 130 million people in the workforce, Indonesia is one of the largest labor markets in Southeast Asia. The population is predominantly young, providing a pool of potential employees. Most of the Indonesians are...
Controversial Election Law Scrapped in Indonesia

Controversial Election Law Scrapped in Indonesia

by Teuvo Tuomi | Aug 24, 2024 | Indonesia, News

A political crisis in Indonesia has been averted with the cancellation of a draft law that would have prevented popular rivals of candidates supported by outgoing President Joko Widodo and President-elect Prabowo Subianto from taking part in regional elections in...
Floating Solar Power Plant Will Be Built in West Java

Floating Solar Power Plant Will Be Built in West Java

by Teuvo Tuomi | Aug 19, 2024 | Indonesia, Energy, Environment, News, Technology

State-owned PT PLN Indonesia Power is collaborating with a Saudi Arabian company to construct a 60-megawatt floating solar power plant on the Saguling Reservoir in West Java. The project aims to bolster Indonesia’s renewable energy sector, according to the PLN...
Indonesia Celebrates 79th Year of Diversity

Indonesia Celebrates 79th Year of Diversity

by Teuvo Tuomi | Aug 18, 2024 | Indonesia, News, Society

Citizens across the Indonesian archipelago celebrated the 79th year of Indonesian independence on Saturday, including those who turned to creative ways to mark the occasion. At the same time, the spotlight shone on the first Independence Day ceremony in he new capital...
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