#Economy
Experts: U.S. tarriffs could jeopardize Indonesia's IT sector, weaken rupiah
Director for Digital Economy at the Center for Economics and Law Studies (CELIOS), Nailul Huda, has assessed that the impact of the U.S. reciprocal tariff policy has the potential to weaken the telecommunications and information technology (IT) sector in Indonesia.
Study: Indonesia to save Rp124 trillion by retiring two coal plants early
An economic burden worth Rp124 trillion (US$7.6 billion) could be prevented through the early retirement plan of the Cirebon-1 and Pelabuhan Ratu Coal-fired Power Plants (PLTU), a Center for Research on Energy and Clean Air (CREA) report says.
Airlangga Hartarto, from business to politics
Airlangga Hartarto is one of senior ministers under President Joko Widodo. He holds the position as the Coordinating Minister for Economic Affairs for the period of 2019-2024. A businessman by trait, Hartarto had connections with the New Order, by holding various positions during the reign of Soeharto. Hartarto has principles that have always made him successful in his business and later in politics, particularly things he learns from Mahatma Gandhi. As such, his principles are to avoid the seven things, namely, wealth without work, pleasure without consciousness, knowledge without character, business without morals, science without humanity, appreciation without sacrifice, and politics without principles. During his time, he held many companies, notably the Sorini Corporation, Bhisma Narendra, Jakarta Prima Crane, and Fajar Surya Wisesa. His success during the New Order and his experiences made him a prime candidate for Jokowi's cabinet.
Trump's reelection could reshape Indonesia's economic strategy amid global shifts
The reelection of Donald Trump as U.S. President presents a unique set of challenges for Indonesia, requiring a certain approach in policy and adjustment in the coming years, a report by globalasia.org reveals.
Pertamina empowers 159 villages on clean energy, rural economy and food security
State energy company PT Pertamina is actively supporting of village-based energy and food self-sufficiency measures through the Independent Energy Village (DEB) Program.
Economists criticize President's use of personal funds for nutritious meal program
Economists have criticized President Prabowo Subianto for using personal funds to finance the free nutritious meal program, which has the potential to be non-transparent and create a conflict of interest.