Courtesy of Nikkei Asia, a report on progress related to Indonesia’s new capital, Nusantara, which is struggling to convince investors it is here to stay: A great chrome and glass building in the shape of a winged bird rises half-built from the jungles of Borneo. Two years ago, this was a sprawling eucalyptus plantation, but in […]
Read more »Courtesy of the Financial Times, a report on an innovative new bond to combat waste, with repayments partially determined by sale of plastic and carbon offset credits: The World Bank and Citi have launched a $100mn bond to combat waste, with repayments partly determined by the sale of plastic and carbon offset credits. The bond, […]
Read more »Via Nikkei Asia, an article on Yamaha efforts to grow sales in emerging markets as Japan sales slide: For one New Delhi fifth grader shy of singing, a white, plastic recorder gifted by Japan’s Yamaha Corp. has been a potentially career-defining revelation. “I feel I’m better at playing the recorder and may even teach it […]
Read more »Courtesy of The Financial Times, a report on BYD’s plans to invest $1.3bn in its sixth overseas factory as it aims to expand global footprint: BYD is to invest $1.3bn in an electric vehicle factory in Indonesia, after the Chinese carmaker unveiled three new battery models for sale with the aim of becoming Indonesia’s biggest […]
Read more »Via The Diplomat, a look at how Masdar’s willingness to work within the constraints of the country’s political economy offers important lessons for the U.S.-backed Just Energy Transition Partnership: In November of last year, Indonesian President Joko “Jokowi” Widodo officially inaugurated the Cirata solar farm in West Java. Built on a reservoir using thousands of floating photovoltaic […]
Read more »Via Eco Business, a look at how Indonesia – as it recovers from a pandemic-induced slump – is trying to diversify its economy beyond tourism and attract green business: The lifting of Covid-19 restrictions in June 2023 brought a tsunami of visitors back to Bali, Indonesia’s “island of the Gods”. Many of the more than 4 million foreign visitors […]
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