Geopolitics
Explore the global forces shaking the world and their ripple effects on Indonesia’s destiny.
State-owned banks devise strategies in facing potential recession 2023
Indonesia’s state-owned banks BRI, Mandiri, BNI, and BTN have presented a number of mitigation strategies to face the potential recession in 2023 in the meeting of the DPR Commission VI on Tuesday (28/3).
Indonesia-China strengthen ties through trade, investment, and cooperation
From March 22nd to March 28th 2023, the "Indonesia-China (Shandong) Exchange Week" was conducted by the Indonesian Embassy and Bank Indonesia Representative Office in Beijing in collaboration with the Dezhou City Government and the Shandong Provincial Government.
Indonesia is pushing for a new ASEAN framework through 2023 ASEAN-BAC Chairmanship
The Indonesia chairmanship in the 2023 ASEAN Business Advisory Council (ASEAN-BAC) will be focusing on advancing the economic and business interest of the region. It is in line with the theme “ASEAN Centrality: Innovation Towards Greater Inclusivity” which highlights the centrality of economic growth in ASEAN which is not only driven by the government but also by the business and people-to-people approaches.
Indonesia is targeting 30 million MSMEs digitalization in ASEAN
Indonesia, as one of the largest economies in Southeast Asia, recognizes the importance of Micro, Small, and Medium-sized Enterprises (MSMEs) to its economy and has been prioritizing the digitalization of MSMEs in recent years. According to Coordinating Minister for Economic Affairs, Airlangga Hartarto, MSMEs play an important role in supporting Indonesia's economic resilience with 61.07 percent or Rp8,574 trillion contribution to the Gross Domestic Product (GDP) in 2021.
Indonesia, Papua New Guinea meets, discuss issues related to border and bilateral relations
On March 21, 2023, Indonesian Minister of Foreign Affairs Retno LP Marsudi met Papua New Guinea (PNG) Minister Tkatchenko at Bogor Botanical Garden to conclude the 3rd Joint Ministerial Commission (JMC) between Indonesia and Papua New Guinea.
Russia gives simplifying visa for 'friendly countries'
Moscow is working on simplifying visa procedures for six of its friendliest countries, including Indonesia, due to the recent drop on tourist number in Russia. The other nation receiving the simplifying visa procedures are Angola, Vietnam, Syria and the Philippines.
Indonesian, Japanese universities sign MoU for collaborative research, educational exchange
The Bogor Agricultural University (IPB) Rector Arif Satria and the Chancellor of Shizuoka Professional University of Agriculture (SPUA) Shigehiko Suzuki signed a Memorandum of Understanding (MoU) related to agriculture and vocational education on March 2, 2023.
Indonesia, Sri Lanka explore collaboration to boost bilateral cooperation
To enhance collaboration and bilateral ties in different domains, the Indonesian Ambassador to Sri Lanka Dewi Gustina Tobing met with Sri Lankan Prime Minister Dinesh Gunawardena at the latter's office in Sri Lanka on March 4, 2023.
BPK, South Korea's BAI work together in audit institutions
Chairman of the Supreme Audit Agency (BPK) Isma Yatun met with Chairman of the Korean Board of Audit Inspection (BAI) Choe Jaehae in Seoul on March 3, 2023, to create an action plan for future bilateral cooperation. The potential cooperation includes arrangements for the two institutions to exchange examiners for secondment at each other's Supreme Audit Institution (SAI).
ILO launches Promise II Impact program to support Indonesia's SMEs
The International Labor Organization (ILO) launched the "Promise II Impact" second stage program to support small and medium enterprises (SMEs) to access financial services through entrepreneurship.
Indonesia, Namibia discuss collaboration in vocational education
The Indonesian Ambassador for Namibia Wisnu Edi Pratignyo led a virtual meeting with Namibia's Executive Director at the Ministry of Higher Education, Technology and Innovation Alfred van Kent and Director of Planning and Policy Tuanda Keeja on March 2, 2023, to discuss the potential collaboration in vocational education between Indonesia and Namibia.
JBIC funds Indonesia's proving ground for IDR 889 billion
The Japan Bank for International Cooperation (JBIC) and the Indonesia International Automotive Proving Ground (IIAPG) Consortium approved a IDR 889 billion (US$ 57.87 million) loan agreement in Tokyo on March 1, 2023.