#International
BI purchases SBN of up to Rp150 trillion to stabilize rupiah
The Indonesian Central Bank (BI) announces a strategic step to stabilize the rupiah exchange rate next year, primarily by purchasing Government Bonds (SBN) from the secondary market.
Indonesia, eight other nations granted BRICS partner status
Yuriy Ushakov, Russian Presidential Aide, said on Monday, December 23, 2024 that Indonesia and eight other countries officially have the status of BRICS (Brazil, Russia, India, China, South Africa) partner countries.
Indonesian-Russian navies hold 3rd Navy-to-Navy Talks in Russia
The Indonesian Navy and its Russian counterpart held the 3rd Navy-to-Navy Talks (NTNT) at the Central Naval Museum, St. Petersburg, Russia, on December 19, 2024.
Rosan secures US$7.46 billion in investment commitments from Chinese firms
The recent meetings of Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan P. Roeslani with eight Chinese giants in the electric car ecosystem in China on December 18-20, 2024 had resulted in a total new investment commitment of US$7.46 billion (Rp120 trillion).
HGII to partner with Shikoku Electric Power on renewable energy generation
PT Hero Global Investment (HGII), a holding company focused on the renewable energy industry in Indonesia, is set to form a strategic partnership with Shikoku Electric Power Company, Inc. (Yonden), a Tokyo Stock Exchange-listed company.
Rosan meets giant Chinese firms for EV ecosystem investment acceleration
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani met with a number of giant Chinese companies within the electric vehicle (EV) ecosystem production chain during his visit to China on December 16-17, 2024.
Bappenas and GIZ Indonesia push for social security reform
Indonesia’s National Social Security System (SJSN) is entering a pivotal stage as the Ministry of National Development Planning/National Development Planning Board (PPN/Bappenas) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Indonesia collaborate to address the system's complex challenges of demographic shifts and sustainability of program funding.
CREA: Most Indonesia's steel industry highly emitting, competitiveness at stake
The Indonesian Steel industry needs to shift to low carbon technology in order to compete in global market, considering the iron and steel export value is higher than import and the European Union is determined to impose Carbon Border Adjustment Mechanism (CBAM), a research institution has suggested.
India to participate in multinational naval exercise in February
The Indian Navy will participate in a naval multilateral exercise organized by Indonesian Navy that will be held in Bali in February next year, the Indonesian MIlitary (TNI) Headquarters has revealed.
Tanzania explores LNG investment, collaboration opportunities with Pertamina
The Tanzanian government delegation met with the Ministry of Energy and Mineral Resources (ESDM) to discuss Pertamina's investment plan in Tanzania and learn about processing Liquefied Natural Gas (LNG) with Indonesia.
FM: Indonesia does not recognize China’s nine dash line claim over South China Sea
Minister of Foreign Affairs Sugiono has maintained that Indonesia does not recognize China’s claim of Indonesia’s part of South China Sea or North Natuna Sea, clarifiying the joint statement made between Indonesian President Prabowo Subianto and Chinese Prime Minister Xi Jinping on November 9, 2024.
Global agreement on plastics at risk as petrochemical nations oppose production limits
An agreement reached at the 175-nation Intergovernmental Negotiations Committee (INC-5) for a globally binding rule on plastics in South Korea is in jeopardy, with some petrochemical nations strongly opposed to efforts to target plastic production limits.