The Indonesian government is in the process of passing a regulation to establish the Indonesia Tourism Fund (ITF). The fund will be used to support various major tourism events that can create multiplier effects, such as music concerts. One of the methods being considered to collect money for the fund is from airfare by charging a tourism fee, which will likely increase flight ticket prices. The plan sparked objections from business players in the Indonesian tourism sector, including the country’s airline industry, as well as advocates of consumer rights.
1 day agoThe National Awakening Party (PKB) and the NasDem Party, two parties that nominated Anies Baswedan in the Feb. 14 presidential election, have decided to join the winning side of Prabowo Subianto. The entry of the two ex-rivals will allow Prabowo to enlarge his coalition and secure majority parliamentary support, but on the flip side it may cause complexities in allocating ministerial posts as rewa...
3 days agoPresident Joko “Jokowi” Widodo recently welcomed Apple CEO Tim Cook to the State Palace, as the United States tech giant and the Indonesian government look to expand collaboration with one another. The two discussed multiple matters, including Jokowi’s desire for Apple to build a manufacturing facility in the country and invest in the future capital city, Nusantara (IKN). ...
1 week agoWinning votes in East Java, among other key provinces, will be a deciding factor in the upcoming presidential election, as it was in the last two races. Because the province is a stronghold of Indonesia’s largest Muslim organization, Nahdlatul Ulama (NU).
7 months agoFive state-owned corporate venture capitals (CVCs) have formally launched the Merah Putih Fund, raising US$300 million in its first fundraiser targeting “soonicorns”, or start-ups expected to soon become unicorns.
7 months agoThe country’s political landscape has changed after the announcement that former Jakarta governor Anies Baswedan will partner with National Awakening Party (PKB) chairman Muhaimin ‘’Cak Imin’’ Iskandar as presidential and vice-presidential candidates.
7 months agoAfter several delays and subsequent controversies, the Greater Jakarta LRT finally commenced official commercial operations on Monday. Within three days of operation, however, the LRT has encountered a series of issues, including train delays, train door malfunctions and sudden power outages leading to abrupt train stops.
8 months agoIndonesia made the point of attending the summit of the club of emerging economies known as BRICS in South Africa last week, but it politely turned down an invitation to join the group, which is expanding its membership to strengthen its hand in managing global economic affairs.
8 months agoFor the last year of his final term in office, President Joko “Jokowi” Widodo has set ambitious targets in terms of economic growth, poverty reduction, job creation and reducing inequality, using the state budget as an instrument to achieve these.
8 months agoPresident Joko “Jokowi” Widodo and Megawati Sukarnoputri, the chair of the Indonesian Democratic Party of Struggle (PDI-P), the largest party in the coalition government, have sharp and probably irreconcilable differences in their approaches to the 2024 presidential race
8 months agoPresident Joko “Jokowi” Widodo’s policy to develop the country’s mineral downstream industry, especially for nickel, is once again facing scrutiny after senior economist Faisal Basri called out the policy for benefitting other countries, especially China, more than Indonesia. Jokowi refuted Faisal’s claims, sparking a series of counterarguments from his camp in defense of the policy.
8 months agoThe Golkar Party and the National Mandate Party (PAN) have finally decided to ally themselves with the Gerindra Party and the National Awakening Party (PKB) to support Prabowo Subianto in his presidential bid.
8 months agoJakarta’s Light Rail Transit (LRT) system has once again sparked controversy due to criticism regarding design flaws and the presence of 31 trainsets with varying specifications.
8 months agoThe Constitutional Court is asking what the urgency is for it to lower the minimum age for president and vice president from 40 to 35 years if the House of Representatives and the government, who make the electoral laws and regulations, have given their endorsements. It is also a question that many people in the country are asking.
8 months agoThe Indonesian government’s subsidy program for electric motorcycles has faced a slow uptake since it was first introduced on March 20. It is a blow to what was aimed to speed up the mass adoption of electric vehicles (EVs) in the country.
9 months agoThe resistance of the Indonesian Military (TNI) toward the arrest of its high-ranking officer and his aide by the Corruption Eradication Commission (KPK) in relation to an alleged graft case at the National Search and Rescue Agency (Basarnas) has reignited a debate over the military’s long-standing culture of impunity.
9 months agoRecent developments in the investigation of a corruption case that has been blamed for contributing to a domestic cooking oil shortage last year has led to Coordinating Economic Minister Airlangga Hartarto being questioned by the Attorney General’s Office (AGO).
9 months agoAirlangga Hartarto’s position as the chairman of the Golkar Party is currently treading precarious ground due to what is considered to be his lack of party leadership and maneuvering towards opposition presidential candidate Anies Baswedan.
9 months agoPresident Joko “Jokowi” Widodo has tasked Communications and Information Minister Budi Arie Setiadi and Deputy Minister Nezar Patria with monitoring social media and electronic commerce (e-commerce) issues, including TikTok’s controversial Project S.
9 months agoPresident Joko “Jokowi” Widodo ordered his eighth Cabinet reshuffle earlier this week with just over a year left of his second and final term in office.
9 months agoIn another move of resource nationalism, the government through mining holding company MIND ID plans to acquire majority stake in the country’s largest nickel miner PT Vale Indonesia (INCO) in a bid to speed up the downstreaming of nickel industry in the country.
9 months agoThis year, Indonesia forfeited the chance to host two major international events that could have put it on the global sports map. The international soccer federation FIFA stripped Indonesia of the right to host the Under-20 World Cup in May/June.
9 months agoIndonesian President Joko “Jokowi” Widodo instructed his ministers not to lose focus on establishing the country’s downstream industry in light of a recent recommendation from the International Monetary Fund (IMF) for the country to review its downstream policy and consider a phased elimination of the ban on nickel ore exports.
9 months agoThe passage of the omnibus health bill into law appears set to take place this month, notwithstanding a recent delay in the House of Representatives plenary vote.
9 months agoThe State-Owned Enterprises (SOEs) Ministry has proposed to the House of Representatives an increase in state-capital injection (PMN) sfor SOEs to be disbursed in 2024.
10 months agoThe Corruption Eradication Commission (KPK) grilled Agriculture Minister Syahrul Yasin Limpo on Monday in connection with various graft cases plaguing the ministry.
10 months agoPT Kereta Cepat Indonesia China (KCIC) and the government’s Aug. 18 promised operational date of the Jakarta-Bandung High-Speed Railway (HSR) is met with strong opposition from the Transportation Ministry’s review team, consisting of Mott MacDonald, PwC and Umbra law firm.
10 months agoThe Coalition for Change, a political alliance between the Democratic Party, the NasDem Party and the Prosperous Justice Party (PKS), is turning heads as current internal dynamics have mounted questions about the fate of the coalition.
10 months agoThe Joko “Jokowi” Widodo administration has decided to lift the government’s ban on exports of sea sand, which had stood for 20 years, amid the threat of environmental degradation to the country’s coastal environment. The sea sand export reinstatement came about while the government attempts to prohibit exports of more of the country’s critical minerals.
10 months agoAfter failing to win sufficient political support to get his term extended beyond 2024, President Joko “Jokowi” Widodo is maneuvering to make sure that whoever succeeds him will protect the legacy that he has built since taking power in 2014
10 months agoPT Kereta Cepat Indonesia Cina (KCIC) is hitting the gas on the Jakarta-Bandung high-speed railway (HSR) project to meet their promise of being fully operational by Aug. 18 this year by starting their first tests with a comprehensive inspection train (CIT) last week. Some quarters, however, warned a short testing period could compromise safety
11 months agoThe arrest of a top Cabinet minister on charges of corruption will alter the political landscape ahead of the February 2024 general elections, with presumptive presidential candidate Anies Baswedan and his chief sponsor, the NasDem Party, taking big hits.
11 months agoBank Syariah Indonesia (BSI), a subsidiary of banking state-owned enterprise (SOE) Bank Mandiri, was a victim of extortion, by criminal hacker group LockBit,
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