#Corporate
Indonesia, Western Australia join forces to boost EV industry
The Western Australian Government Deputy Premier Roger Cook and the Indonesian Chamber of Commerce and Industry (Kadin) Chairman Arsjad Rasjid signed a Memorandum of Understanding (MoU) in Perth, Australia, on February 21, 2023.
Indonesia, North Korea see declining trade relations
Indonesia and North Korea have seen a continuously declining trend in bilateral trades although both countries had a blossoming diplomatic relations during the Cold War. During Indonesia's First President Sukarno era, trade between the two countries had flourished and has been ongoing even until this day.
Digital cooperation between GCC countries and Indonesia
Indonesia and the Gulf Cooperation Council (GCC) countries have maintained their fruitful relations. The 6 GCC countries - comprising of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) - are looking to expand more on their digital cooperation with Indonesia.
The ‘BTS effect': How Indonesia should learn from South Korean soft 'economy' power
As the current biggest Korean boy band in the world, BTS has been proving its status by breaking barriers and records - in or outside music industry - around the world.
German businesses see diversification is key, not decoupling from China
German businesses attending the 17th Asia-Pacific Conference of German Business (APK) in Singapore on November 13-14, 2022, have seen that decoupling from China is not the right way to deal with the country’s dependency to one particular country.
Kadin opens great investment opportunities between China, Indonesia
The Indonesian Chamber of Commerce and Industry (Kadin) has aimed at strengthening Indonesian business with China. Kadin has also committed to build partnerships in order to increase cooperation and prosperity between businesspeople and the government of both countries.
China's coal-fired power plants should be terminated over public concerns
The government should terminate all captive coal-fired power plant projects funded by the Chinese Belt and Road Initiative (BRI) since the projects have yet to comply with China's commitment to cease the development of coal-fired power plants at home and overseas since September 2021. Ironically, several nickel-based industrial parks are powered by coal to produce nickel-based batteries for electric vehicles (EVs).
Michelin allegedly involves in deforestation, intimidation against Jambi local community
French tire company Michelin's local subsidiary, PT Lestari Asri Jaya (LAJ), has been allegedly involved in deforestation and intimidation against local farmers although the company had secured green bonds.
Counting the days for minerals ore export total ban
The government has planned to issue a roadmap and a regulation to fully ban the export of several minerals ores like coppers, tins and bauxite next month. Minister of Investment/Head of Investment Coordinating Board (BKPM) Bahlil Lahadalia said the government was discussing the regulation on the downstream industry system and the economic tree of the downstream industry of minerals.
Presidential candidates in bed with 'Nine Dragons'
Indonesia's wealthy conglomerates, popularly known as the "Nine Dragons", are taking a wait-and-see measure while analyzing the situation before making a decision which presidential candidate they will support in the 2024 general elections.
Understanding political influence in media industry in Indonesia
There are a few Indonesian politicians own media group while several elected lawmakers come from major media groups. The political stance of media in Indonesia comes into question whenever general elections are approaching. Will they be impartial, biased or lean towards supporting certain political parties or figures? Another interesting question is how the media in Indonesia can create public opinion on important issues?
Domestic cosmetic industry survives, even increases, during COVID-19 pandemic
In nearly the past three years, businesses have juggled to survive amid the ongoing COVID-19 pandemic. When the pandemic hit the world hard, including in Indonesia, governments imposed lockdown, restricted people's movement and consequently limited operational hours of shopping centers.