Indonesia

For most of the year, the Indonesian rupiah has languished at the bottom of the Asian currency rankings, but a recent revision of the investment law of the nation may help to revive its fortunes. Last week, after Indonesia passed the first omnibus law aimed at cutting red tape to raise investments and create jobs, the rupiah rose about 1 …

A legislator has called on the provincial administration of Aceh to pursue solutions to conflicts between humans and wildlife that occur repeatedly in many areas of the province. As an example, there is still a human-elephant conflict. Solutions to this human-wildlife conflict must be found which was stated by Yahdi Hasan, a member of the legislative body of Aceh Province. …

The famous Tugu Selamat Datang of Jakarta, or welcome monument, with bronze statues of a man and a woman waving warmly, was the scene of last week’s violent protests over a proposed sweeping “omnibus regulation” for tax and labor reform. After a bus stop near the city ‘s iconic roundabout, known as Bundaran HI, plumes of black smoke leapt into …

After violent protests erupted earlier this week against the legislation, Indonesia’s President Joko Widodo defended his flagship on job creation law. In order to provide jobs for its young population and those who were unemployed because of the economic crisis caused by the COVID-19 pandemic, the nation, Jokowi said, needed the sweeping “omnibus” law. If they disagreed with its substance, …

Prabowo Subianto, Minister of Defense of Indonesia, was invited to the United States for a bilateral debate on defence cooperation, a ministry spokesman said yesterday. He added that Mr. Prabowo had accepted the invitation and was expected to make an official visit to the United States. In compliance with the ‘free and active’ foreign policy concept of Indonesia and non-involvement …

Indonesian President Joko Widodo was under growing pressure to revoke his new divisive labor law, with unions and Muslim groups planning to challenge it in court and some regional leaders openly opposing the law. Among the organizers of three days of national strikes ending Thursday, the KSPI labor group is planning to put a case against the new law before …

In order to create a sovereign wealth fund to attract investment and boost the economy, the Indonesian government is planning 75 trillion rupiah (S$6.8 billion) in cash. Global heavyweights have shown interest in joining the United States and the United Arab Emirates. The creation of a sovereign fund, to be known as the Investment Authority of Indonesia, is part of …

The Presidential Secretariat refuted reports that the working visit of President Joko “Jokowi” Widodo to Central Kalimantan was an attempt to stop mass protests in front of the Presidential Palace against the newly adopted and highly controversial Job Creation Legislation. Jokowi’s trip to Kalimantan had been scheduled for a long time which was stated by Bey Machmudin, the secretariat’s deputy …

Indonesia is trying to obtain AstraZeneca vaccines as part of its strategy to acquire overseas doses while rising local production to inoculate its more than 270 million population. In an interview with Yvonne Man of Bloomberg Television, the country’s international and state-owned enterprise ministries are in talks with the UK-based business, Research and Technology Minister Bambang Brodjonegoro, who leads the …

Here’s what’s happening as Indonesian police used water cannons and tear gas to disperse demonstrators protesting against a new employment law in two cities on the island of Java. Earlier, at the start of a three-day national strike against President Joko Widodo’s “omnibus” Job Development bill, which was signed into law on Monday, thousands of employees and students protested peacefully …