Monday, June 5, 2023

Tag: International

Peace proposal offered by Indonesian Defense Minister Prabowo Subianto received criticism at the 20th Asia Security Summit Shangri-La Dialogue. Ukrainian Defense Minister even rejected the idea. […]
The USAID cooperates with the Indonesia government, Hersey’s, Olam Food Ingredients, and Rikolto to initiate program on sustainable cacao farming. […]
Placing critical minerals as its foremost priority, the IPEF has made significant strides to foster global supply chains in the Indo-Pacific region, with the overarching goals of bolstering economic growth and ensuring energy security. […]
Top officials from Indonesia and Malaysia are scheduled to visit the European Union HQ in Brussel to voice concern over EU’s new deforestation law. The new law is believed to be a hurdle for small farmers. […]
The Indonesian and the Iranian government had signed a preferential trade agreement encompassing various aspects. The agreement is considered important to generate momentum for Indonesia to expand its export to the middle-east. […]
Exxonmobil settled human rights case filed by villagers in Aceh in relation to crime and violence committed by the Indonesian Army paid by Exxon 22 years ago. […]
Indonesian President Joko “Jokowi” Widodo met with several world leaders on the sideline of G7 summit. Jokowi met with the Japanese Prime Minister, the UK Prime Minister and French President Emmanuel Macron. […]
The government is pushing for real support from the International Partners Group (IPG) and the Glasgow Financial Alliance for Net Zero (GFANZ) for the energy transition in Indonesia. The IGP and GFANZ are two entities included in the JETP scheme in which each entity has promised to provide US$ 10 billion assistance fund totaling to US$ 20 billion […]
The Indonesian government is currently the third largest shareholder in the Islamic Development Bank. With its newly acquired position, Indonesia can now have a greater say in global development, actively participate in the bank’s operations, and contribute to poverty reduction in its member countries. […]
Volkswagen plans to become part of Indonesia’s electric car battery supply chain. The company will be cooperating with PT Vale Indonesia to build a nickel smelter in Pomala Block. […]
Oil and gas businesses association explains reasons why foreign investors are leaving Indonesia. Some of the reasons was the delayed enactment of the Oil and Gas Draft Bill and natural resources nationalization issue. […]
Indonesia has reduced tax incentives to restrict investment in lower-quality nickel products, including nickel pig iron (NPI) and second-class nickel ore processing products. The government has made the decision to make the most of its abundant nickel reserves and to encourage more high-value investments in the downstream. […]
Prices of the WTI and Brent crude drops following cancellation of production cuts by OPEC+, causing the Indonesian state-owned oil and gas company PT Pertamina to lower prices of its non-subsidized fuel. […]
The Saudi Arabian government demonstrated its close ties with Indonesia by providing aid such as granting visas, accommodation, and other basic needs for Indonesian refugees. So far, as many as 897 Indonesians have fled Sudan’s capital Khartoum. […]
Malaysia and Taiwan withdrawn Indomie product from the market after finding carcinogenic substance. The Indonesian Food and Drug Agency is called on to conduct an audit against Indomie products to ensure consumer safety. […]
Famous food container brand Tupperware may face bankruptcy in the near future. Experts claimed that the company has failed to adapt to changes in consumer behavior and failed to make innovation, making the brand too generic. […]
Indonesia and Germany made several joint declarations to facilitate B2B and G2G cooperation between both countries. The declarations are also expected to help accelerate the completion of the IEU CEPA agreement. […]
Despite massive rejection and protest against the Israeli football team, it is interesting to know that trade between Indonesia and Israel improves. […]
The recent cancellation of the U-20 World Cup in Indonesia is predicted to cause severe subsequent events that can effect the country’s reputation. […]
In addition to implementing UPR recommendations, Indonesia will also prioritize policies that align with human rights principles. […]
Indonesia and Egypt signed a contract on cocoa export worth IDR 717 million and hoped that it would continue for years to come. […]
From March 22nd to March 28th 2023, the “Indonesia-China (Shandong) Exchange Week” was conducted by the Indonesian Embassy and the Bank Indonesia Representative Office in Beijing in collaboration with the Dezhou City Government and the Shandong Provincial Government. […]
On March 21, 2023, Indonesian Minister of Foreign Affairs Retno LP Marsudi met Papua New Guinea (PNG) Minister Tkatchenko at Bogor Botanical Garden to conclude the 3rd Joint Ministerial Commission (JMC) between Indonesia and Papua New Guinea. […]
Nicolas Parrot is the President Director at PT Bank BNP Paribas Indonesia and an Executive member of the Indonesia International Banks Association and board member of the Indonesian French Chamber of Commerce. He recently spoke to Indonesia Business Post on his career at BNP Paribas, being a banker in Indonesia and his views and insights on Indonesia’s biggest challenges and […]
The Indonesian government is awaiting the submission of PT Freeport Indonesia’s request for an early extension of its special mining business permit. The current permit will expire in 2041. “We are currently waiting for Freeport to request an extension,” Minister of Energy and Mineral Resources Arifin Tasrif stated on March 17, 2023. Meanwhile, according to Ahmad Redi, a mining law […]
Air Product and Chemical Inc. has decided not to pursue two downstream coal development projects in Indonesia. The company decided to withdraw from its coal gasification into DME collaboration with PT Bukit Asam Tbk (PTBA) and PT Pertamina. It also decided not to continue their engagement in developing methanol gas production facility in cooperation with Bakrie Group companies, PT Kaltim […]
Moscow is working on simplifying visa procedures for six of its friendliest countries, including Indonesia, due to the recent drop on tourist number in Russia. The other nation receiving the simplifying visa procedures are Angola, Vietnam, Syria and the Philippines. The selection was clearly not based on tourism reasons. These six countries were chosen not for their tourism potential, but […]
PepsiCo and FrieslandCampina have suspended imports from Astra Agro Lestari, Indonesia’s second-largest palm oil company, Astra Agro Lestari (AAL), following an investigation into environmental and human rights violations committed in Central and West Sulawesi, Indonesia. The US and Dutch multinationals are the latest in a long line of consumer brands to cut ties with the company. […]
The Bogor Agricultural University (IPB) Rector Arif Satria and the Chancellor of Shizuoka Professional University of Agriculture (SPUA) Shigehiko Suzuki signed a Memorandum of Understanding (MoU) related to agriculture and vocational education on March 2, 2023. […]
To enhance collaboration and bilateral ties in different domains, the Indonesian Ambassador to Sri Lanka Dewi Gustina Tobing met with Sri Lankan Prime Minister Dinesh Gunawardena at the latter’s office in Sri Lanka on March 4, 2023. During the meeting, Tobing urged her counterpart to initiate talks for a Preferential Trade Agreement (PTA) between the two countries to boost bilateral trade, […]