#Government
The Ministry of Communications and Informatics promotes 3P approach and highlights main concerns in using AI
The Indonesian Ministry of Communication and Information (Kominfo) is encouraging a 3P approach, which stands for policy, platform, and people, to address the development of Artificial Intelligence (AI) technology.
Indonesia aims for 40% Southeast Asian foreign investment given its large economy contribution in ASEAN
Airlangga Hartarto, the Coordinating Minister for Economic Affairs targets 40% of Southeast Asian foreign direct investments (FDI) to flow into Indonesia, building on the country's robust economic performance.
Netherland provides EUR 105 million grant to Indonesia to support sustainable and inclusive public projects
The Netherlands has approved a grant in the amount of EUR 105 million, equivalent to around IDR 1.7 trillion.
President Joko Widodo demonstrates Indonesia's vast hydropower potential world hydropower congress
Presiden Joko ‘Jokowi’ Widodo highlighted Indonesia's vast hydropower potential during the World Hydropower Congress held in Bali. He mentioned that Indonesia boasts approximately 4,400 rivers with the potential to be utilized as sources of hydropower. Out of these rivers, 128 major ones have significant electricity production capabilities, such as the Mamberamo River in Papua and the Kayan River in North Kalimantan.
Italy offers cutting-edge PPA Paolo Thaon corvettes to Indonesia
Italy has expressed a strong interest in offering its Pattugliatore Polivalente d'Altura (PPA) Paolo Thaon corvettes to Indonesia, even though Indonesia has not officially activated the contract for the purchase of FREMM ships from Fincantieri.
Indonesia accelerates foreign carbon trading regulations ahead of COP28
The Indonesian government is expediting the establishment of legal frameworks for foreign carbon trading policies. Erick Thohir, Interim Coordinating Minister for Maritime Affairs and Investment, aims to finalize these regulations before the United Nations Climate Change Conference, COP28, in the United Arab Emirates on November 30, 2023.
Domestic bankruptcy laws raises concern as cases surge
Indonesia's bankruptcy cases, both for listed and non-listed companies, have become a growing concern in the country. According to the World Bank's Ease of Doing Business (EoDB) report from 2020, Indonesia ranks 38th in the world in resolving insolvency issues, lagging behind regional peers such as Thailand (24th) and Singapore (27th).
Bank Indonesia and other government institutions joins global anti-money laundering tasks force (FATF) to enhance financial integrity
Indonesia through Bank Indonesia (BI) in conjunction with other various ministries and institutions has officially become the 40th full-fledged member of the Financial Action Task Force (FATF), a global organization dedicated to combating money laundering, preventing terrorism financing, and countering the funding of mass destruction weapons.
J&T Express unveils its approach in navigating through Indonesian investment regulations raising legal concerns
J&T Express boldly discloses its innovative approach to circumventing foreign investment regulations in Indonesia, raising legal questions and concerns among local legal experts.
Expert says Indonesia's road to 2045 development challenged by stagnant economy urged to prioritize dealing with poverty
Institute for Research on Economics and Society (LPEM) from the University of Indonesia (UI), has raised concerns about Indonesia's potential failure to become a developed nation by 2045.
Indonesia and India's G20 leadership marks positive shift in global governance
The September 2023 G20 Summit in New Delhi marked the conclusion of the Indian G20 presidency and the culmination of Indonesia's troika role, ushering in a new phase of global governance. Indonesia's presidency, which began in December 2021, was succeeded by India's leadership in December 2022.
President Joko Widodo signs MoUs with President Xi Jinping of China and the shifting focus belt road initiatives
President Joko 'Jokowi' Widodo of Indonesia held a bilateral meeting with President Xi Jinping of the People's Republic of China at the Great Hall of the People in Beijing discussing several important key issues one of which is energy.