Economy 5 - Indonesia at Melbourne

Indonesian President Joko Widodo met with Chinese President Xi Xinping on the sidelines of the 5th Belt and Road Initiative (BRI) Summit in Hong Kong on 17 October. They announced a unveiled a host of new investment deals focused on green development. But how green is Chinese investment, really?

Indonesian tycoons: donation strategy for the 2024 election

2024 Indonesian Elections, Economy, Political parties

There are no official statistics on the cost of presidential campaigns in Indonesia but official campaign reports are far below informed estimates. For Indonesia's business tycoons, political donations might be the most important investment decisions they make over the next five years.

Indonesia’s nickel export ban: is it really in the national interest?

Economy, Law, Natural Resources

In August, President Widodo called for an end to trade discrimination at the 15th annual BRICS Summit. It was a thinly veiled criticism of the World Trade Organisation and its ruling against Indonesia’s ban on nickel exports. So what's the problem with Indonesia's nickel export ban? And what does do the WTO ruling mean for the future of Indonesian nickel?

Are venture capitalists sowing the seeds of Indonesia’s future?

Economy

In recent years, Indonesia has emerged as a hotspot for innovation and entrepreneurship. As Southeast Asia's largest economy and a nation teeming with young, tech-savvy entrepreneurs, Indonesia is now a compelling market for a new form of investment – venture capital. Dr Raden Aswin Raden Wahadi takes a look at the importance of venture capital for the development of the startup ecosystem in Indonesia.

https://en.antaranews.com/news/289623/president-jokowi-scheduled-to-attend-universiade-chengdu-opening

Jokowi’s China visit - new deals, old problems

Economy, Foreign Policy, Security

Indonesia President Joko “Jokowi” Widodo completed his sixth official visit to China last week. The recent Chengdu visit serves as a reminder of just how far Indonesia-China relations have come under the ten years of the Indonesia-China Comprehensive Economic Partnership and Jokowi’s tenure as President.

https://en.antaranews.com/news/222277/pln-offers-30-discount-to-electric-vehicle-owners

More than batteries – can shared EV ambitions kickstart a new green tech ecosystem?

Economy, Environment

Details of the EV partnership between Indonesia and Australia are still opaque. But, regardless, the shared commitment of Australia and Indonesia to their own battery and EV industries could mark a significant milestone in the quest for closer economic relations.

Considered economic diplomacy required in the wake of Jokowi visit

Economy, Foreign Policy

Indonesian President Joko “Jokowi” Widodo unveiled an ambitious vision for an expanded economic partnership with Australia during his three-day visit to Sydney. Albanese’s economic diplomacy with Indonesia needs ambition, but it also needs to be realistic and very carefully considered

Indonesia’s white elephant in the jungle will be reared on foreign capital – or will it?

Economy, Uncategorized, Urban planning

Joko ‘Jokowi’ Widodo is scheduled to visit Australia next month, his fifth and likely last trip south as Indonesian President. He wants foreign investors to back a project that he hopes will define his legacy - shifting Indonesia’s overcrowded, over-polluted and over-stressed capital from Java 1,300 km north to Kalimantan.

The US is helping Indonesians build startups while Australia is busy selling diplomas

Economy, Foreign Policy

A study of over 300 successful Indonesian technology co-founders shows that 61% had either studied or worked overseas. This begs the question – why have so many successful Indonesian entrepreneurs traveled abroad?

Posted in: Economy

How green is China’s Belt and Road investment in Indonesia?