Inflation Picks Up to Fastest Pace in Three Months Ahead of Idul Fitri
JAKARTA -Indonesia has seen inflation accelerated to its fastest pace in three months in April, as demand for foods and clothes during the Islamic fasting month of Ramadan picked up and drove up the commodities’ prices. The consumer price index — a composite measure gauging price level from…
Digitizing The Nation, Telkom Indonesia Posted 11.5% Growth in Net Income During Pandemic
JAKARTA -As industrial conditions remain battered by the COVID-19 pandemic, which continues to rage in Indonesia, PT Telkom Indonesia (Persero) Tbk (Telkom) managed to record a good performance by yielding positive income growth, with its EBITDA (Earning Before Interest, Tax, Depreciation, and Amortization) and net income…
From Classroom to Hybrid: Reimagining Teaching and Learning
JAKARTA –Jaspal Sidhu, Founder and Chairman, SIS & lnspirasi Groups of Schools shared his view on hybrid learning during 2nd Annual Indonesia Education Forum 2021. The student outcome can be improved if no one is operating in isolation. In 2019, SIS & Inspirasi Group of Schools…
Improving Learning Outcomes Through Digital Transformation
JAKARTA -In his keynote address during 2nd Annual Indonesia Education Forum 2021, Gunawan Susanto, Country General Manager, AWS Indonesia said that for the last 12 months, many business actors, not only start-ups but also traditional companies, were forced to switch to digital platforms to stay operational….
Upgrading The National Curriculum
JAKARTA -The digital economy has the potential to deliver an additional US$13 trillion in global economic activity by 2030 with Indonesia’s digital sector contributing around US$336 billion to its GDP, said Shweta Khurana, Director APJ – Global Partnerships & Initiatives Group, Intel Corporation on 2nd Annual…
How Digital Technologies Can Build Scale?
JAKARTA -Technology has the potential to achieve universal equality in education and improve learning outcomes. Dr. Rani Burchmore, Asia Pacific Education Industry Lead (K-12 Strategy, Sales & Programs), Microsoft in her keynote speech on 2nd Annual Indonesia Education Forum 2021 said that in order to unleash education’s…
Indonesia Foreign Exchange Reserve Over The Last 12 Months (US$ Million)
Despite multiple pressures on the macroeconomic environment due to the COVID pandemic -19, Bank Indonesia (BI) has for the past four successive months boosted the level of Indonesia’s foreign reserves to US$138.8 billion as of late February, enough for financing 10 months of imports and…
Naver Invests $150m in Indonesian Media Firm
JAKARTA – Naver Corp., South Korea’s top internet portal operator, said Wednesday it has made a strategic investment of $150 million in Indonesian media giant Emtek to strengthen its foothold in the Southeast Asian market. Emtek operates broadcast channels, as well as the over-the-top service…
IMF Cuts Indonesia Growth Projection Amid Global Upgrades
JAKARTA -The International Monetary Fund (IMF) has revised on Tuesday its 2021 global economic growth projection upward as a boost from the United States giant fiscal stimulus would propel the global economy while emerging countries like Indonesia underperform. The IMF World Economic Outlook projected the global economy would recover from…
Indonesia Aims to Reach 600,000-Unit Annual Production of Electrified Vehicles by 2030 – Report
JAKARTA -Indonesia aims to reach an annual production volume of electrified cars by 2030, said the country’s minister of industry Agus Gumiwang Kartasasmita according to CNN Indonesia. Meanwhile, the country has also aimed for an annual production figure of 2.445 million electric bikes in that time,…