Indonesia Set to Become the World’s Sixth-Largest Economy By 2026 Indonesia is set to become the world’s sixth-largest economy by 2026, surpassing Russia. At least, that is what the International Monetary Fund (IMF) is projecting. The Growing Strength Of the Labour Force Indonesia’s growing labour force is driving its ascent toward becoming the world’s…
Indonesia Leading Others, Globally, at Economic Recovery Post Pandemic The economic situation globally is striving, with most nations trying to recover from the stresses caused by the pandemic. But, one country is enjoying a favourable economy. Indonesia economy growing has shown how proper management and governance can help a country prosper even during turbulent times.…
Indonesia Conquers the Largest Share of ASEAN’s Digital Market Among Its Neighbours With almost 40% of the overall value of digital market share in ASEAN, Indonesia is leading the ranks with the most digital economy transactions in 2022. With this achievement, Indonesia is paving the way to igniting the digital economy within the country. The…
Driving Change: Indonesia’s Mission to Cut CO2 Emissions by 358 Million Tonnes Indonesia has set a resolution to slash emissions in the energy sector by a significant 358 million tons of carbon dioxide equivalent (CO2) by 2030. To accomplish this, various initiatives have been undertaken, including implementing energy-efficient practices, promoting renewable energy, adopting clean energy…
Five Years Expansion for the Validity of Visa for Indonesian Business Travellers in Australia The Australian government has agreed to enhance the duration of visa for Indonesian Business Travellers, extending them from three to five years, in an effort to foster reciprocal tourism between the two nations. This significant decision was reached after a recent…
Indonesia to Launch a Golden Visa Programme to Attract Talents in Digitalisation, Technology Of late, Indonesia has been engaging in many reforms to ensure the country remains attractive to foreign investors. One such programme is the proposed Golden Visa Programme. The scheme will focus on attracting the best talent in digitalisation, healthcare, research and technology.…
Indonesia and LPEI Cooperate to Boost Indonesia’s Export Activities Recently, Indonesia has been making headlines for its intent to boost its economy. With multiple collaborations and a clear vision of where it wants to be in the next 15 years, Indonesia is proactive in making it a reality. As such, Indonesia and LPEI cooperate actively…
Task Force to Help Enhance Governance in Palm Oil Indonesia has created a fresh task force to enhance governance in the palm oil plantation sector. The main goal is to ensure that companies in this field follow regulations, encompassing tax payments and other aspects. This action stems from an extensive audit that was conducted across…
Indonesia Surges as Second-Largest Cobalt Producer, Driving Electric Vehicle Revolution Indonesia has secured its position as the world’s second-largest cobalt producer in 2022, outshining Australia and the Philippines. According to industry reports, the country last year was responsible for around 5% of the world’s cobalt supply. This accomplishment puts Indonesia in the shadow of only…
Indonesia Forex Reserves Rise For a Better and Stable Economy In light of Indonesia’s economic growth, there has been a recent increase in its foreign exchange reserves. Bank Indonesia, the central bank, has stated that the forex reserves increased by $5 billion to $145.2 billion in March 2023. Indonesia’s forex reserves rise is primarily due…
