by Teuvo Tuomi | May 6, 2024 | Indonesia, Economy, News
According to Statistics Indonesia (BPS), Indonesia’s economic growth in the first quarter (Q1) of 2024 stood at 5.11% year-on-year, the highest level since 2015. Acting Head of BPS Amalia Adininggar Widyasanti notes that the main contributors to the economy in...
by Teuvo Tuomi | May 2, 2024 | Business, Digitalization, Economy, Indonesia, Investment, News, Visions
Microsoft will “invest US$1.7 billion over the next four years in new cloud and AI infrastructure in Indonesia, as well as AI skilling opportunities for 840,000 people, and support for the nation’s growing developer community,” the company says. Indonesia’s...
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...
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...
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...
