Thursday, June 20, 2024

World

International geopolitical impact on Indonesia
Tag Impact
Indonesian Foreign Minister Retno Marsudi has called for a ceasefire between Israel and Palestinian militant Hamas in the wake of the seven-month conflict, with Israel threatening to invade Rafah, a city of 2.5 million people in Gaza Strip. […]
Fishermen, local communities, indigenous groups and environmental activists around the world are lashing out at Japan and its export credit agency, the Japan Bank for International Cooperation (JBIC). […]
A number of parties have started to anticipate the impact of the conflict between Israel and Iran on investor interest in startups as the conflict can affect the macro economy, particularly in the Middle East. […]
President Xi Jinping has emphasized China’s commitment to improving the lives of its people and clarified its collaborative approach with other nations, entities such as APEC, and including superpowers like the United States, during a meeting at the Asia-Pacific Economic Cooperation (APEC) forum. […]
China’s conditions for a meeting between U.S. President Joe Biden and Chinese President Xi Jinping, as outlined by China’s Ministry of State Security (MSS). The conditions set by the MSS include the United States showing sincerity for such a meeting to take place.  […]
China’s Global Security Initiative (GSI) is intensifying its campaign for an alternative to the US-led international order, connecting it to its peace plan for Ukraine and rapprochement between Iran and Saudi Arabia. […]
Sri Mulyani, Minister of Finance of Indonesia together with ASEAN +3 countries, renewed the Chiang Mai Initiative Multilateralism (CMIM). The guidelines will provide liquidity support with local currency for countries experiencing balance of payments difficulties. […]
Indonesian Minister of Finance of Indonesia Sri Mulyani take part in the 26th ASEAN +3 Finance Ministers and Central Bank Governors (AFMGM+3) At the event, Sri met with ADB President and gained assurance that the ADB will support sustainable and inclusive recovery for developing country members by expanding its lending capacity. […]
Prices of the WTI and Brent crude drops following cancellation of production cuts by OPEC+, causing the Indonesian state-owned oil and gas company PT Pertamina to lower prices of its non-subsidized fuel. […]
Famous food container brand Tupperware may face bankruptcy in the near future. Experts claimed that the company has failed to adapt to changes in consumer behavior and failed to make innovation, making the brand too generic. […]
Indonesia’s involvement in Hannover Messe 2023 is expected to attract more investments and can help the development of Indonesia 4.0. […]
A report by Ernst & Young stated, the global IPO market is heading to a bad turn in 2023. However, the reports show a potential bright spot in IPO activity in the Southeast Asia region to be very encouraging, with Indonesia as the most active country in Q1, having about 30 IPOs worth US$ 828 million. […]
The Indonesian government is completing its arrangements for being the Official Partner Country at Hannover Messe 2023 and prepares to deliver messages and strategic matters at the event. […]
The United States (US) government raises concerns about the popular social media app, TikTok, which is owned by the Chinese company, ByteDance. Both the FBI and officials at the Federal Communications Commision considered TikTok as a potential national security threat due to its Chinese ownership and the possibility that the Chinese government could use the app to collect data on US […]
Bank Indonesia decided to maintain its interest rate despite recent benchmark rate increase carried out by the Federal Reserve. […]
The 29th ASEAN Economic Ministers (AEM) Retreat resulted in seven priority issues and key milestones including the accession of Timor Leste. […]
As many as 92 human trafficking cases in Bangkok, Thailand, involve Indonesian nationals, according to embassy data. […]
The Director of Multilateral Cooperation Tri Tharyat who represented the Indonesian Minister of Foreign Affairs, conveyed the women empowerment message during the 49th OIC Ministerial Conference (KTM) held in Nouakchott, Mauritania, on March 16-17, 2023. […]
Indonesia urged for the enhancement of global collaborations to assist the economic growth of the least-developed countries (LDCs) during the Fifth UN Conference on the Least Developed Countries (LDC5) in Doha from March 5 to 9, 2023. […]
The Silicon Valley Bank (SVB), the former 16th largest bank in the United States, went bankrupt on March 10, 2023, marking one of the largest bank failures since the 2008 financial crisis. Within 48 hours, the bank collapsed after its stocks plummeted to 66%, as a result of The Federal Reserve’s (The Fed) aggressive interest rates in Q1 2023. […]
Turkey handed over the MIKTA (Mexico, Indonesia, South Korea, Turkey, Australia) chairmanship relay to Indonesia at the meeting in New Delhi on March 2, 2023. As a result of the handover, Indonesia will hold the position of MIKTA chairman for one year and has set 3 priorities. […]
Four residents of Pari Island in the Thousand Islands regency, north of Jakarta, officially filed a lawsuit with a Swiss court on January 31, 2023, demanding that global cement company Holcim Ltd. of Switzerland be responsible for the environmental damage it has caused. […]
The governments of Zimbabwe and Democratic Republic of Congo have respectively banned the exports of lithium and cobalt in 2022, which may affect the future of battery and electric vehicle industries in many countries including in Indonesia. […]
The Philippines and the United States are ramping up their military cooperation by doubling the number of troops in the joint exercises. This measure – which is done days after a spy balloon was spotted in the US sky – would give the superpower country a potential advantage in its efforts to thwart China’s attempt to take control of Taiwan. […]
The Indonesian Embassy in Turkey’s capital of Ankara has reported that at least 2 of 500 Indonesian citizens were killed while dozens others were injured in the aftermath of the magnitude-7.8 earthquake that rocked Turkey and Syria. […]
Indonesian President Joko “Jokowi” Widodo has called on ASEAN (Association of Southeast Asian Nations) on the importance to resolve the Myanmar crisis without allowing the crisis to “hostage” the 10-member states’ agenda. […]
The 2023 World Economic Forum in Davos, Switzerland, felt special since it was the first after the COVID-19 pandemic outbreak hit the world in 2020, which killed 6.74 million people. This year’s theme of “cooperation in a fragmented world” highlighted how countries would cope with the biggest issues such as the global recession and the Russia vs Ukraine war. […]
The global economic has seen a slowdown activity especially in past two years due to the COVID-19 pandemic. Countries have issued stimulus measures, which included low interest rates and large-scale government spending, that led to an increase in the money supply and the potential of inflation. Supply chain disruptions caused by the pandemic eventually prompted increasing costs for goods and […]
The diplomatic and economic relations between Indonesia and Russia and Ukraine is thriving until now. Russia’s invasion to Ukraine on February 24, 2022, has worsened the bilateral ties between both countries. However, it does not affect the diplomatic ties of the two countries and Indonesia. […]
The refugee situation in Indonesia has prevailed since the beginning of the war on terror, especially today with the influx of refugees from the ongoing Rohingya crisis. Indonesia has harbored refugees from war-torn countries mostly from Afghanistan, Somalia and Myanmar. […]