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 […]
Read more »Via The Diplomat, an article on Southeast Asia’s EV ambitions: As countries around the world strive to reach their climate targets, many are turning to electric vehicles (EVs) as a way of reducing carbon emissions. Global efforts to diversify supply chains combined with the drive to adopt green technology have created an opportunity for EV […]
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