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View all search resultsThe World Economic Forum estimates that more than two-thirds of new value creation over the next decade could come from digitally enabled platforms, and the digital economy will reach $16.5 trillion and capture 17% of global GDP by 2028 for 14 countries across North America, Europe, APAC, and Latin America.
With over two months still to go until his inauguration in October, president-elect Prabowo Subianto has nonetheless established good rapport with President Vladimir Putin, setting the tone for Indonesia-Russia bilateral ties during his Moscow visit early this month. During their meeting, Prabowo described Russia as a “great friend” and discussed the possibility of various cooperations.
Illicit money could be finding its way into campaigns for the 2024 general election, as the Financial Transaction Reports and Analysis Center (PPATK) recently found that money from overseas had flown into the accounts of 21 unnamed political parties. Totaling Rp 195 billion (US$12.4 million), 30 percent of the funds are said to have originated from shell companies.
Anyone looking for a clue about the direction of Indonesia’s defense and foreign policy in the next administration would have been utterly disappointed when these issues were brought into the spotlight in Sunday’s presidential debate.
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