Via Jakarta Globe, a report that Indonesian President Jokowi wants his successor to continue to prohibit the export of various key minerals: President Joko “Jokowi” Widodo on Tuesday said he wanted his successor to not “act cowardly” in face of major economies, especially when it comes to banning raw mineral ore exports and carrying on […]
Read more »Via East Asia Forum, a look at Indonesia’s economy: The year 2022 got off to a relatively optimistic start for Indonesia. To be sure, Covid had left serious scars — the Economist’s central estimate for ‘excess deaths’ through to December 2022 was about 740,000 fatalities — while the lost education and employment opportunities, especially for […]
Read more »Via Asia Times, a look at the Jakarta-Bandung high-speed rail showcased at G20 Summit, and how the long-delayed project has been more risk than reward for Indonesia: Taking time out from the G20 Summit, President Joko Widodo and Chinese leader Xi Jinping on Wednesday watched via video link the operational trial of the Chinese-funded Jakarta-Bandung […]
Read more »Courtesy of The Financial Times, an article on how Indonesia – the world’s largest nickel producer – is exploring a potential global governance structure similar to that used by oil producers: Indonesia is studying the establishment of an Opec-like cartel for nickel and other key battery metals, highlighting the geopolitical confidence of nations that are […]
Read more »Courtesy of The Financial Times, an article on Indonesia’s plans to list a unit of its flagship oil group Pertamina this year: Indonesia plans to list a unit of its government-run oil group Pertamina this year, stepping up a partial privatisation push as part of reforms to its $606bn state-owned enterprise sector. The initial public offering […]
Read more »Courtesy of The Financial Times, a report on how Indonesia’s economy is prospering despite the sense of crisis elsewhere: In 2013, the US investment bank Morgan Stanley dubbed Indonesia as one the “fragile five”, a group of emerging economies that it believed were especially vulnerable to a jump in interest rates in the US. Almost a […]
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