Indonesia Ready For $200 Million AI Centre As artificial intelligence (AI) takes over more business development, countries’ talents must have the skills to match industry needs. Hence, the Indonesian government has agreed to build a new AI centre in one of its cities, with Nvidia, one of the world’s leading semiconductor producers for AI, and…
Details
Indonesia A Step Closer to Becoming An OECD Member Indonesia is one step closer to becoming an Organisation for Economic Cooperation and Development (OECD) member, a significant milestone as the first Southeast Asian nation to join the OECD. It becomes the third country in Asia (after South Korea and Japan) to join. A Historic…
Details
Indonesia Introduces Visa-Free Entry Policy, AIming to Secure Extra $25 Billion Revenue Indonesia hopes to generate an extra $25 billion in revenue with a visa-free entry policy for foreigners. The goal is to give a major boost to the tourism sector. The Ministry of Tourism and Creative Economy is committed to this goal. It plans…
Details
Indonesia Offering Investments in SEZs to the UAE A proposal has been put forth by Indonesia’s Ministry of Tourism and Creative Economy to encourage more investments from the United Arab Emirates (UAE) in SEZs. Investment opportunities are being made available in eight special economic zones (SEZs). Investment opportunities will be focused primarily on the creative…
Details
MoU Signed by Indonesia and Australia to Boost EV Collaboration A Memorandum of Understanding (MoU) was signed on 23 November 2023 to boost EV collaboration between Indonesia and Australia. The MoU aims to unlock opportunities within the global EV supply chain. The MoU was signed between the Australian Minister for Industry and Science and the…
Details
Indonesia Charges Ahead to Become Asia’s Fastest Climber in World’s Talent Rank Indonesia’s climb to become the biggest climber in the World’s Talent Rank, beating out all the other Asian countries, highlights the remarkable progress it has made as a nation. Especially when it comes to utilising and nurturing the local talent it has. Indonesia…
Details
$20 Billion Renewables Investment Plan Launched by Indonesia Indonesia has begun implementing its $20bn renewables investment plan to reduce carbon emissions and speed up the shift toward clean energy. The plan was launched under the Just Energy Transition Partnership (JETP), with support from Japan, the US, and other global leaders. A Plan to Cut…
Details
Indonesia and China Look Forward To Strengthening Digital Cooperation With Indonesia and China digital cooperation strengthened, the Indonesian government encouraged both nations to collaborate in a comprehensive future of innovative city development. The areas concerned are research, technological advancements, and enhancing digital human resource competence and skills. The bilateral meeting between Communication and Informatics Minister…
Details
Indonesia Sets Its Sights On 40% Investment from Southeast Asian Countries Indonesia sets its standards high, aiming for at least 40% foreign direct investment (FDI) from Southeast Asian countries. The Government aims to attract Rp80 billion in FDI. Since Indonesia accounts for 40% of ASEAN’s total economy, the stipulation is that at least 40% of…
Details
To Reach Net Zero Emissions Target Definitely A Possibility for Indonesia Indonesia’s Government is optimistic that it can achieve its aim to reach net zero emissions target before 2050. Achieving this by 2050 means Indonesia would have reached its target before 10 years. The Government firmly believes that decarbonisation of the industry sector is achievable.…
Details