Emission Reduction Target in the Indonesia Updated NDC Failed to Reflect the Urgency of Climate Crisis
Jakarta– Despite targeting carbon neutrality by 2060 or earlier in the Nationally Determined Contribution (Updated NDC) and Long-term Strategy on Low Carbon and Climate Resilience (LTS-LCCR 2050) documents submitted to the UNFCCC, the Institute for Essential Services Reform (IESR) views that the emission reduction target…
MBS Leaders Virtual Roundtable Series “Sustainability & Business: A Strong Path to Grow” (Part Two)
JAKARTA, Wednesday (August, 25, 2021)–Melbourne Business School in Collaboration with Synthesis Communication held the second roundtable with the theme: Sustainability & Business: A Strong Path to Grow. The discussion brought various perspectives from the panelists including Andrew C. Beckham, Chief Financial Officer, PT Bumi Resources…
MBS Leaders Virtual Roundtable Series: Winning the War on Talent (Part One)
JAKARTA -Tuesday (July, 27, 2021)–Melbourne Business School in Collaboration with Synthesis Communication held the first roundtable with the theme: Winning the War on Talent. Talent is today the world’s most valuable commodity. But it is becoming harder and harder for business leaders and CEOs to…
BPS: June Exports US$18.55 B, Soared 54.46%
JAKARTA- The Central Statistics Agency (BPS) announced Indonesia’s export data for the period of June 2021. Exports increased sharply, according to market forecasts. On Thursday (15/7/2021), Head of BPS Margo Yuwono reported last month’s export value was US$18.55 billion. An increase of 54.46% compared to the same…
Minister pushes for investment acceleration amid economic growth
JAKARTA – Coordinating Economic Affairs Minister Airlangga Hartarto encouraged all economic players to capitalize on the economic growth momentum by expediting investment. “I encourage us to jointly take advantage of the growth momentum by accelerating investment and also continue to support government policies in controlling…
Singapore and Indonesia reaffirm need to fight Covid-19 together, discuss economic activities
JAKARTA -Bilateral ties will be strengthened to overcome the Covid-19 pandemic together, Singapore and Indonesia have reaffirmed. During the 11th Singapore-Indonesia Six Bilateral Economic Working Groups ministerial meeting on Wednesday (July 14), Trade and Industry Minister Gan Kim Yong and Indonesia’s Coordinating Minister for Economic…
Indonesia can build back better for a green recovery
JAKARTA -When the 2004 earthquake and tsunami wiped out homes, buildings, and roads in Aceh, the government was confronted with two options: build everything back to pre-disaster conditions or seize the opportunity to ‘build back better’. They chose the latter, prioritizing the needs of local…
Indonesia c.bank slashes 2021 GDP outlook to 3.8%
JAKARTA – Indonesia’s central bank has cut its forecast for 2021 economic growth to 3.8% based on early assessment of the impact of recent coronavirus restrictions, from a previous forecast of 4.6%, its governor said on Monday. Southeast Asia’s largest economy has been battling the…
The Hunt for Talent: Winning the Talent War
JAKARTA -Talent development, not talent recruitment is the answer to meeting Indonesia’s talent shortage. This however requires organisations to view talent or someone’s job performance not as an individual concept but as a concept that takes place in a context in presence of others. Talent…
Indonesia plans to change value added tax to multi-tariff
JAKARTA – The Indonesian government will propose to parliament to change the way it charges value added tax to introduce different rates depending on the goods and services, an official said on Thursday. The planned changes are part of a major overhaul of the tax…