Country: Indonesia
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Vietnam Poised to be Asia-Pacific Fastest Growing Economy in 2026: World Bank
Vietnam is poised to become the fastest-growing economy in the Asia-Pacific region in 2026. The World Bank projects a GDP growth rate of 6.3%, followed by the Philippines at 6% and Indonesia at 5.1%. In its latest ‘Global Economic ...
China and Indonesia Are Linking QR Payments, and It’s Bigger Than You Think
China and Indonesia are launching a partnership to connect their QR code payment systems, shaking up the way cross-border payments work. China’s UnionPay International and Indonesia’s Payment System Association (ASPI) have teamed up to bring their QR code payment ...
Indonesia Eyes Leadership in EV Battery Standards
Indonesia is setting its sights on becoming a global benchmark for electric vehicle (EV) battery material processing, aiming to align its production methods with the highest international standards. Speaking at the World Economic Forum (WEF) last Tuesday, Anindya Bakrie, Chairperson of ...
BYD Expands Dealership Network and Build $1 Billion EV Factory in Indonesia
BYD, the Chinese electric vehicle (EV) giant, announced plans to expand its dealership network from 35 locations in 20 cities to 80 outlets by the end of 2025. The expansion is seen as it looks to cement its position in ...
Asian Ride-Hailing Grab and Chinese EV BYD to Deploy 50,000 EVs Across SE Asia
In a move that could reshape Southeast Asia’s electric vehicle (EV) landscape, ride-hailing giant Grab has teamed up with China’s BYD to deploy up to 50,000 EVs across six countries. The partnership, announced on Wednesday, targets the financial and logistical ...
Indonesia’s 2024 Non-Oil Exports to BRICS Founders Make Up 34% of Total, China Dominates
Indonesia’s non-oil and gas exports to BRICS nations saw a slight decline in 2024, according to the latest report from the Indonesian Central Bureau of Statistics (BPS). Exports to the five founding BRICS members, Brazil, Russia, India, China, and South Africa, totaled more than $84 billion in ...
Wang Lutong’s Diplomatic Challenges as China’s New Envoy to Indonesia
The recent appointment of Wang Lutong as China’s 14th Ambassador to Indonesia signifies a pivotal moment in the growing relationship between the two nations. Arriving in Jakarta in late November, Wang succeeds Lu Kang, who served as Beijing's envoy since 2021.
Indonesia Mulls Russian Oil Imports Amid Newest U.S. Sanctions on Russian Oil
Indonesia’s recent entry into the BRICS economic bloc has reignited discussions about the potential to import oil from Russia, a move that could reshape its energy strategy and further complicate its position in the global geopolitical landscape. Luhut Binsar ...
Indonesia’s Coal Production Hits Record in 2024, with China Driving the Growth
Indonesia’s coal production hit a new high in 2024, reaching 831.6 million tons, 17% above the target. This boost is largely thanks to strong demand from China, the world’s biggest coal importer, along with other key markets in ASEAN. While ...
Photo Essay: Mounting Health Crisis in Indonesia’s Nickel Mining and Smelting Hub
It begins with a sharp sneeze, followed by a piercing wheeze, a relentless cough, or the struggle to catch a full breath—paired with the sting of irritated eyes. In Lelilef Sawai, a small village nestled beside Weda Bay Industrial Park, a massive hub of nickel downstream processing ...
Indonesia and China Strengthen Defense Ties, Plan Joint Exercises and High-Level Talks
Indonesia and China are deepening their bilateral relationship, with plans for joint military exercises between the Indonesian National Armed Forces (TNI) and the People’s Liberation Army (PLA) along with a so-called "2 plus 2 Meeting" in Beijing that includes the defense and foreign ministers from both ...
Inside Indonesia’s 2025 Foreign Policy: What’s Shifting Between the Lines and Why It Matters for the World
The world, according to Indonesia’s Minister of Foreign Affairs Sugiono, is facing a critical juncture. In his annual policy statement last Friday, Sugiono described global solidarity as weakening, multilateral institutions as increasingly ineffective, and international law as under threat. ...