by Teuvo Tuomi | May 24, 2024 | Business, Digitalization, Finland, Indonesia, News, Technology
Communication and Informatics Minister Budi Arie Setiadi says that the governments of Indonesia and Finland are exploring cooperation opportunities in three fields. “The Finnish Government wants to co-operate with the Indonesian Government for three things. The...
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 | 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...
by Teuvo Tuomi | Feb 3, 2024 | Indonesia, Environment, News
Indonesian rubber producers fear that the European Union’s Deforestation Regulation [EUDR] will put pressure on an already ailing industry by hindering exports to EU countries and beyond. According to Statistics Indonesia (BPS), Southeast Asia’s largest economy...
by Teuvo Tuomi | Jan 25, 2024 | Economy, Environment, Indonesia, News
Indonesia needs to almost triple its sugar production from the current amount by 2030 if it wants to achieve self-sufficiency, including feeding its bioethanol ambition. To realize this, Indonesia would need to reach sugar production of 9.7 million tonnes by 2030,...