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View all search resultsAs part of reaching net-zero by 2060, Indonesia plans by 2025 to produce energy from renewables as much as 23 percent. This renewable energy is contributed by hydro energy (8 percent), geothermal (7.5 percent), biomass (6 percent), and other renewable energy (1.5 percent).
Indonesia is a country in a period of fruitful growth, and the nation’s successful agricultural industry is the fertile heart of that journey. Agriculture, specifically plantation, accounts for almost a third of total employment across the country and contributed almost 7 percent of Indonesia’s GDP as of 2021.
We have long been living in a rapidly changing environment, and we tend to think the new chapter of a decade will be different. This is often the case. However, as we entered the decade of the 2020s, we began to face entirely new problems and challenges. Indeed, those problems have come after one another and have created significant challenges.
The tourism industry is one of the industries hit hard by the COVID-19 pandemic since 2020. After three years, the tourism industry is showing a gradual recovery. Room occupancy rates in several areas have also shown good signs of recovery with several regions recording a pre-pandemic level.
Recent rankings published by the IMD World Digital Competitiveness Center (WCC) reveals that several ASEAN countries have a strong ability to adopt and explore new digital capabilities and technologies. These countries include Singapore (4th), Malaysia (31st), Indonesia (51st) and the Philippines (56th).
Indonesia’s financial services industry is experiencing accelerated digitization. Bank Indonesia (BI) and entities such as the Indonesian Payment System Association (ASPI) are behind major developments in the non-cash payments sector, aimed at driving financial inclusion at large.
The year 2022 was marked by what Adam Tooze, professor of history at Columbia University, called a “polycrisis”. The term, which means interlocking and simultaneous environmental, geopolitical and economic crises, clearly defined the global situation in 2022.
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