Indonesia, Australia cooperate on green energy development World

Indonesia, Australia cooperate on green energy development

Indonesia's Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan and Andrew Forrest, Australian iron ore company Fortescue Metals Group (FMG) founder, have inked a cooperation agreement on renewable energy development for green industry.
Indonesia urges China to respect UNCLOS World

Indonesia urges China to respect UNCLOS

Indonesia has expressed concern over escalating tensions in the East Sea and urged China to obey international law, including the United Nations Convention on the Law of the Sea (UNCLOS), to settle disputes.
Poverty rate in Indonesia rises due to COVID-19 World

Poverty rate in Indonesia rises due to COVID-19

Indonesia saw the poverty rate rise to 9.78 percent in March from 9.22 percent last September, with 26.42 million people living below the poverty line as of March, according to Statistics Indonesia (BPS).
Indonesian House of Representatives approves assistance funds to SOEs World

Indonesian House of Representatives approves assistance funds to SOEs

The Indonesian House of Representatives has approved the proposal for government assistance in the form of state capital participation (PMN), disbursement of government debt to State-Owned Enterprises (SOEs) and loan funds worth 151.15 trillion Rp (10.32 billion USD) for a number of SOEs.
Japanese firms maintain investment plans in Indonesia World

Japanese firms maintain investment plans in Indonesia

Japanese companies operating in Indonesia will stick to their future investment plans, despite declines in sales and production due to the COVID-19 pandemic, a survey conducted by the Japan External Trade Organization (JETRO) has shown.
Indonesia’s public debts swell due to COVID-19 ASEAN

Indonesia’s public debts swell due to COVID-19

The Indonesian Ministry of Finance said on June 17 the country’s total public debts hit over 5.2 quadrillion rupiah (5 billion USD) as of May, much higher than the previous month and the same period last year.
ADB helps Indonesia develop geothermal power World

ADB helps Indonesia develop geothermal power

The Asian Development Bank (ADB) has approved a loan worth 300 million USD to help PT Geo Dipa Energi (GDE), an Indonesian state-owned company, expand its geothermal power generation.