Tag: Macroeconomics

Indonesia faces significant deficit in both beef and milk production, leading to a heavy reliance on imports. In 2024, domestic production is estimated to fulfill only 60 percent of beef demand, requiring the remaining 40 percent to be met through imports. […]

The planned import tariff policy by U.S. President-elect Donald Trump and geoploitical instability have the plotential to trigger inflation in the U.S. and impact yje commodity sector and the rupiah exchange rate, but on the other hand provide windfall profits from rising commodity prices, especially for Indonesia’s mining sector, an economist says. […]

Governor of the Indonesian Central Bank (BI), Perry Warjiyo, says that the room to lower the BI-Rate benchmark interest rate is still open in the future. […]

The Mineral Security Partnership (MSP) is an initiative launched by the U.S. Department of State in 2022. This initiative currently collaborates with 14 countries, including Australia, Canada, Japan, Germany, Finland, and the European Union (EU). The goal is to accelerate public and private investment in a responsible global mineral supply chain. […]

Global Power is a nation’s or entity’s ability to influence or control events worldwide. This power can be political, economic, military, or cultural. It is dynamic, changing with geopolitical shifts, economic trends, technological advancements, and cultural developments. Countries aim to boost their global power to gain more influence and security internationally. […]

Rice’s cultural and political significance in Indonesia has evolved since the New Order. Decentralization and market dynamics have influenced this evolution. Despite ongoing efforts, Indonesia’s reliance on imports raises concerns about self-sufficiency, impacting food security and socio-political stability. […]

The 10-member ASEAN, which was established in 1967, has voiced a discourse on a common currency, just like the European Union (EU) with its euro. The regional grouping has its primary objective to accelerate economic growth as well as social progress and cultural development. Whereas its secondary objective was to promote regional peace and stability. […]

Honorary titles become less and less popular. Being addressed with those titles is also seen as a snobbish act. The abolition of honorary titles has made interactions a lot simpler and avoiding embarrassment when the incorrect title was used. […]