by Teuvo Tuomi | Jul 26, 2024 | ASEAN, Business, Climate, Energy, Environment, Indonesia, News, Southeast Asia, Transportation
According to Indonesia’s Coordinating Ministry for Economic Affairs, the country will implement the carbon tax in two phases in accordance with the road map that the government is preparing. “The initial phase of the carbon tax road map is proposed to only...
by Teuvo Tuomi | Jul 18, 2024 | ASEAN, Business, Economy, Indonesia, News, Tourism, Travel
Bank Indonesia (BI) says that the Quick Response Code Indonesian Standard (QRIS) digital payment system will be made available in more countries. According to Deputy Governor Filianingsih Hendarta, the central bank will sign agreements for the cross-border use of QRIS...
by Teuvo Tuomi | Jul 16, 2024 | ASEAN, Business, Indonesia, Infrastructure, Investment, News, Southeast Asia
President Joko “Jokowi” Widodo has signed a presidential regulation that grants investors certain rights in the Nusantara Capital City (IKN) megaproject in East Kalimantan, the future capital, including land rights of up to 190 years. The regulation stipulates that...
by Teuvo Tuomi | Jul 10, 2024 | Indonesia, Business, Economy, Investment, News, Society, Visions
The US$32 billion Nusantara Capital City (IKN) project has met with another delay, as key infrastructure remains incomplete just weeks before its planned inauguration in mid-August in East Kalimantan. President Joko “Jokowi” Widodo says that the issuance of a...
by Teuvo Tuomi | Jul 8, 2024 | Indonesia, Investment, Singapore, Sports, Tourism, Travel
Indonesia aims to become a top golfing destination in the region as neighboring Singapore has been shutting courses. Singapore’s land crunch has led to the closure of many of its public golf courses, including the Marina Bay Golf Course, its last public 18-hole...
