Business Interview with Ukraine Ambassador to Indonesia Part 3

The Association of Indonesian Oil and Gas Companies (Aspermigas) assesses that the energy self-sufficiency target set by President Prabowo Subianto will be difficult to achieve if illegal drilling is still rampant.

President Joko Widodo said Indonesia aims to cut its fiscal deficit to less than 3% of its gross domestic product next year for the first time since 2019.

Indonesian government officials should remain vigilant against the potential threat to the state ideology, the nation’s peace and harmony, despite the decline in online radicalization following the defeat of the Islamic State of Iraq and Syria in the Middle East and worldwide. In an era of freedom and social media, the nation of Indonesia needs to remain vigilant against the virus of  radicalism and terrorism said Boy Rafli Amar, Chief of the National Counterterrorism Agency (BNPT). Indonesia has been infected with this ideology by an irresponsible party.

The program, dubbed the “Partnership for Global Infrastructure and Investment” (PGII), aims to mobilize $600 billion by 2027 in investments for infrastructure in developing countries with an emphasis on sustainable and secure development. Neither President Biden nor the White House fact sheet explicitly mentioned China by name. Yet, it is generally understood that the PGII aims to provide an alternative to China’s infrastructure investment inroads in low-and middle-income countries—also known as Chairman Xi’s signature foreign policy initiative the Belt and Road Initiative (BRI).

Governor of Bank Indonesia (BI) Perry Warjiyo gave the latest signal regarding the benchmark interest rate which is currently at its lowest level of 3.50 percent. According to Perry, the national economic condition is still conducive enough to continue the BI rate policy going forward.

Ex-terror convict Abu Bakar Ba’asyir, known as the spiritual leader of shadowy militant group Jemaah Islamiyah that aims to establish an Islamic state in Indonesia, did the unthinkable on Wednesday as he participated in the Independence Day ceremony at his boarding school in the Central Java district of Sukoharjo. It was also the first ever August 17 ceremony to be held by the Al Mukmin Islamic Boarding School since Ba’asyir founded it in 1972.