#Government

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Ministry stops the operation of two sand suction vessels in Batam waters

The Ministry for Marine Affairs and Fisheries has stopped the operation of two Singapore-flagged dredgers MV YC 6 and MV ZS 9 for alleged sand dredging and dumping without permit and proper documents in Batam waters, Riau Islands province.

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Ministry: Beware of Indonesia’s increased control of global Nickel supply

A senior official at the Coordinating Ministry for Maritime Affairs and Investment has warned of the increasing Indonesia’s control of the global nickel supply from the current 60 percent to 75 percent by 2026.

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Indonesia secures Rp479 billion in potential transactions at 21st China-ASEAN Expo

Indonesia showcased its economic prowess at the 21st China-ASEAN Expo (CAEXPO) recently held at the Nanning International Convention and Exhibition Center (NICEC) in Nanning City, Guangxi Zhuang Autonomous Region, from September 24 to 28, 2024.

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Saleh Husin says palm oil downstreaming key to avoiding Middle income trap

Former Minister of Industry Saleh Husin has underscored the crucial role of palm oil downstreaming in preventing Indonesia from falling into the middle-income trap.

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Prabowo wants food and energy self-sufficiency, warns of crises, geopolitical threats

President-elect Prabowo Subianto has put the emphasis on the vital lessons learned from the COVID-19 pandemic, stressing the necessity of Indonesia to secure its future by reducing dependence on imports, especially in sectors as critical as food and energy.

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President Jokowi designates Batam, Banten as new Special Economic Zones

President Joko “Jokowi” Widodo has officially designated parts of Batam and several regions in Banten as Special Economic Zones (KEKs).

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Prabowo: Free nutritious meal program to create captive market for farmers, producers

President-elect, Prabowo Subianto, has expressed his confidence that his "Free Nutritious Meal Program" will be one of the important pillars in realizing Indonesia's economic growth target of 8 percent.

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Indonesia's Nickel dispute with the EU nears to an end as global dominance strengthens

The Coordinating Ministry for Maritime and Investment Affairs has announced that Indonesia's ongoing nickel dispute with the European Union (EU) at the World Trade Organization (WTO) is nearing to an end, largely due to Indonesia's dominant position in the global nickel market, which accounts for 60 percent of supply.

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Mining consortium to invest in new capital Nusantara

Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia and Investment Minister Rosan Roeslani, accompanied by a group of prominent business leaders, met with President Joko “Jokowi” Widodo at the Presidential Palace in Jakarta on Wednesday, October 9, 2024 discussing investments in the new capital, Nusantara, in East Kalimantan.

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President Jokowi to inaugurate Nusantara State Palace, other facilities at IKN

President Joko “Jokowi” Widodo is set to inaugurate the new State Palace at Indonesia’s future capital, Nusantara, in East Kalimantan, tommorow, October 11, 2024.

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Sri Mulyani: The era of high interest rates is not over yet

Indonesian Minister of Finance, Sri Mulyani Indrawati, has underlined that the period of high central bank interest rates is not entirely gone eventhough the Federal Reserve cuts its Fund Rate by 50 basis points in September 2024.

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Jokowi confident Indonesia to become a new economic force in the world

President Joko “Jokowi” Widodo has expressed his confidence that Indonesia Indonesia will emerge as one of the world’s new economic powers.

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