The 20 Fastest Growing Jobs in the Next Decade
JAKARTA -The employment landscape is constantly shifting. While agricultural jobs played a big role in the 19th century, a large portion of U.S. jobs today are in administration, sales, or transportation. So how can job seekers identify the fastest growing jobs of the future? The U.S. Bureau of Labor Statistics (BLS) projects there will be 11.9 million […]
Companies make Rp92.3 trillion investment commitment: Indonesian govt
JAKARTA -Coordinating Economic Affairs Minister Airlangga Hartarto confirmed that companies had expressed commitment to invest Rp92.3 trillion in 19 special economic zones, out of which Rp32.76 trillion had been realized as of July 2021. “Until July, 166 investors had invested in special economic zones and created 26,741 jobs,” Hartarto noted during a webinar on special […]
Indonesia’s August exports hit record as resources boom
Indonesia’s exports hit a record high of $21.42 billion in August, boosted by surging commodity shipments, helping Southeast Asia’s biggest economy post its largest ever monthly trade surplus, official data showed. The resource-rich country’s August shipments rose 64.1% from a year earlier, according to data released by the statistics bureau on Wednesday, handily beating analysts’ […]
World Bank approves loan for hydropower plant in Indonesia
JAKARTA -The World Bank has approved a $380m loan for the development of the first pumped-storage hydropower plant in Indonesia. The loan will be used to build the 1,040MW Upper Cisokan plant located between Jakarta and Bandung. World Bank Indonesia and Timor-Leste country director Satu Kahkonen said: “We are excited about this project as it […]
Tax reform to help Indonesia escape middle-income trap: minister
JAKARTA -Finance Minister Sri Mulyani Indrawati has said that tax reform is part of efforts to help Indonesia escape the middle-income trap. “To avoid the middle-income trap, we must conduct fiscal consolidation, particularly as a result of the pandemic, to create a sound state budget and (for) that we need tax reform,” the minister explained […]
Indonesia to Benefit Economically from G20 Presidency: Minister
JAKARTA -Coordinating Minister for Economic Affairs Airlangga Hartarto is confident that Indonesia can reap economic benefits from its G20 presidency in 2022. “We are expecting an increase in domestic consumption by up to Rp 1.7 trillion [$119.2 million]. [The G20 presidency] will also add Rp 7.47 trillion to our GDP and involve about 33,000 workers […]
Chief Patrick is Patron for Indonesia Economic Forum’s Climate Initiative
Name: Chief PatrickTitle: Founder of Clover Climate AllianceLinkedIn URL: linkedin.com/in/clover-chief-patrickPatron of the IEF Climate Change Initiatives We are pleased to announce that Chief Patrick, Founder of Clover Climate Alliance, has accepted the invitation to become the Patron of IEF – Climate Initiative. As the global community prepares for the upcoming COP26 Summit in Scotland, the Indonesia […]