#International
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.
The ‘BTS effect': How Indonesia should learn from South Korean soft 'economy' power
As the current biggest Korean boy band in the world, BTS has been proving its status by breaking barriers and records - in or outside music industry - around the world.
How BKPM secures Indonesia's investment growth during pandemic
In the midst of the COVID-19 pandemic in Indonesia, the Investment Coordinating Board (BKPM) has continued to offer investment opportunities in accordance with President Joko “Jokowi” Widodo's instruction.
Indonesia's active role in UN peacekeeping force
The United Nations peacekeeping force was a unit established by the UN to prevent conflict, reduce violence and strengthen security. Many countries have contributed to the UN peacekeeping force by sending their troops. Indonesia is one of them.
5 countries contribute the most to Indonesia's FDI in 2022
Despite the COVID-19 pandemic, Indonesia has surprisingly raised the value of its Foreign Direct Investment (FDI) from 2020 until 2022. As one of the most favorite FDI destination, Indonesia's FDI value increased 63.6% or IDR 168.9 trillion (US$ 10.83 billion) in Q3 2022 or 54.9% of the total expected FDI for 2022, according to Minister of Investment/Chairman of the Investment Coordinating Board (BKPM), Bahlil Lahadalia.
Bauxite ores export ban likely to attract more investments
The government's ban on the bauxite ores export is likely to increase investments in the bauxites processing and refining industry. Economist at the Yogyakarta-based Gadjah Mada University Fahmi Radhi said one of the challenges faced by the government after the ban would be the limited bauxites smelters capacity.
Special Autonomy Fund not enough to bring prosperity for Papuans
The Special Autonomy Fund has failed to become a push factor to eliminate the so-called natural resources curse in Papua and West Papua provinces. The fund has been used to increase gross domestic product but it did not improve other sectors especially education, health sanitation and forest condition in those provinces.
Bank Indonesia raises rate to 5.5%, expects low inflation
Bank Indonesia (BI) decided to increase its benchmark 7-day reverse repurchase rate on December 22, 2022, by 25 basis points to 5.5%. The central bank also raised its deposit facility and lending facility rates by the same amount to 4.75% and 6.25%, respectively.
Government to ban bauxite ores export starting June 2023
President Joko "Jokowi" Widodo announced that Indonesia would start banning the export of bauxite ores starting June 2023 to encourage the development of bauxite processing and refining industry at home. His statement came days after Indonesia filed an expected appeal against a World Trade Organization (WTO) panel ruling that was in favor of the European Union (EU) in a dispute over the ban on nickel ore exports.
New TNI chief should have new approach on South China Sea, Papua issues
The newly appointed Indonesian Military (TNI) Commander Adm. Yudo Margono should have a new and breakthrough concept that prioritizes the role of Indonesian Navy in the future. This is due to the heightened tension of military competition in the South China Sea between the United States and China.
Energy transition in Indonesia needs more international supports
Indonesia has invited Scandinavian countries of Denmark, Finland, Norway and Sweden to invest in the new renewable energy sector in the country through the Indonesia-Nordic Energy Investment Day: Collaboration to Achieve Net Zero Emission Target. This is part of the Bali Compact G20 2022, where the host country sees that forging international partners is critical in the energy transition process, supports new economies and increases investment in net zero energy systems.
Soccer gambling is an undying phenomenon
The 2022 World Cup in Qatar has entered the quarterfinal stage. Brazil and France have become the most favorite team to lift up the coveted trophy. Indonesia, despite its national team has never reached the World Cup, is not an exception. The country has 69% of its 270 million population as soccer lovers, according to databoks.katadata.co.id.