#Government
What to consider before investing in Special Economic Zone
The government has prioritized the development of Indonesia's Special Economic Zones (SEZs) in order to attract over US$ 50 billion in foreign investments over the next decade, according to aseanbriefing.com.
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.
Prabowo lures Khofifah to be his running mate for 2024 presidential bid
Gerindra Party presidential candidate Prabowo Subianto is luring East Java Governor Khofifah Indar Parawansa to team up with him for the 2024 General Elections, a source within the party said. Prabowo desperately needs a vice presidential candidate who can help him win supports from the Nahdlatul Ulama (NU), the largest Muslim organization in Indonesia. NU has a total of 95 million members, 24.5 million of them live in East Java.
Coal, gold still dominate mining industry in 2023
The mining industry in Indonesia has been facing several challenges in recent years, including a fluctuating commodity market, environmental concerns and the uncertainty of regulations, which could be inconsistent. However, two mining commodities will still shine in 2023: Coal and gold.
Indonesia's trade to China suffers a high deficit
Seventy two years of diplomatic relations between Indonesia and China, both countries have trade imbalance. In 2021, a report indicated the negative trade balance reached around US$ 3 billion. The imbalance was due to China's exports which reached US$ 56 billion while it imported US$ 53 billion from Indonesia.
10 most popular e-wallets among Indonesians
In this digital era, the volume of financial management instruments is increasing in Indonesia. Banking and/or non-banking institutions have issued various innovations to help the public manage their finances more efficiently. The presence of an e-wallet is a proof of its implementation.
Top 10 insurance companies in Indonesia
The insurance industry in Indonesia has been growing in recent years, due to the increasing awareness among the people on the importance of insurance. The government has also raised its efforts to increase insurance penetration in the country. The insurance industry is regulated by the Financial Services Authority (OJK) and comprises of both state-owned and private companies.
Megawati says no to idea of President Jokowi's third period
Chairwoman of the Indonesia Democratic Party of Struggle (PDIP) Megawati Soekarnoputri strongly opposed the idea of a third presidency period for President Joko "Jokowi" Widodo. Speaking at the PDIP's 50th anniversary in Jakarta on January 10, 2023, Megawati reiterated that a president tenure in Indonesia was only two consecutive period.
Digital Rupiah: Is it the future of Indonesia's currency in digital era?
The use of cryptocurrency as a legal payment in Indonesia is still prohibited. However, in 2022, Indonesia has started to develop a digital currency called the Indonesia Central Bank Digital Currency (CBDC). It is different from cryptocurrencies because they are legal and managed by Bank Indonesia so that the volatility of their value is expected to be more stable.
NGO mapping and financing in Indonesia
NGOs in Indonesia have served as a significant factor in advancing public or social welfare goals. There are countless NGOs in Indonesia, both international and national/local.
Pollsters list potential candidates for president and vice president in 2024 elections
This year of 2023 will be politically, a tough year for Indonesia before the General Election in 2024. The battle between each presidential candidate is already started and is predicted to be difficult during 2023. While the potential candidates have started their early campaign, the Indonesian people have also been anticipating their new pair of leaders. Several polling institutions have also conducted surveys of the most popular candidates.
Bawaslu maps Election Vulnerability Index (IKP) for 2024 general elections
The Elections Supervisory Agency (Bawaslu) has begun to map the election vulnerability index in four variables for the 2024 general elections. The mapping priorities were in the social and political context, election administration, contestation and participation.