Business News
These 7 Sectors Are Indonesia's Mainstay In The 10 Largest Economies In The World
Indonesia has ambitions to enter the top 10 countries with the largest economies in 2030. To achieve this target, the government has made a road map for Making Indonesia 4.0, which is an initiative to accelerate the revitalization of the manufacturing sector into the industrial era 4.0. Minister of Industry…
Pertamina plans to issue first-ever green bond by 2022
State-owned oil and gas holding giant Pertamina is planning to issue its maiden green bonds within the coming year to finance its geothermal business. Pertamina is the second Indonesian state-owned energy firm to unveil its plan to issue a sustainable finance instrument after the state electricity firm (PLN), respectively the…
Unlocking the value of Indonesia’s substantial renewable energy potential
Asia-Pacific’s (APAC) renewable energy capacity will grow substantially over the next decade, projected to expand 7 percent annually, adding 2 terawatts of capacity by 2030. This growth will be driven by rising populations, strong economic prospects and lucrative potential in a market with relatively low renewable penetration. Southeast Asia will…
Indonesia's 'socio-nationalism' finds relevance in global vaccine diplomacy
It has been a year since the COVID-19 pandemic struck the world. The global economy slowed down, the trade and movement of goods, services and people were choked, and global supply chains disrupted. In the early days of the pandemic, many worried about the scarcity of medical equipment due to…
