“Embracing Kartini’s Legacy: Sri Mulyani Echoes Zeehandelaar’s Words”
Sri Mulyani Indrawati, Indonesia’s Minister of Finance and a prominent figure in the Indonesia Maju Cabinet, joined the nationwide celebration of Kartini Day on April 21st. Amidst her busy schedule attending the Spring Meetings of the IMF and World Bank, as well as the G20 Summit in Washington D.C., Sri Mulyani took a moment to […]
Reconstruction of Civil Servants’ Homes at IKN Restarted Following Eid Break 2024, Completion Timeline?
Ministry of Public Works and Housing (PUPR) Revives Residential Development for Civil Servants in the New Capital Post-Eid al-Fitr Holiday 2024, Aiming for Timely Completion Ahead of Indonesia’s 79th Independence Day Celebration Following the extended Eid al-Fitr holiday in 2024, the Ministry of Public Works and Housing (PUPR) has recommenced the construction of residential units […]
Sri Mulyani in Dialogue with Managing Director of International Finance Corporation: Exploring Agenda Items
Head of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has issued a plea to Washington’s trade allies, urging them to maintain stability amidst the potential resurgence of Donald Trump in the White House and his proposed imposition of a 10 percent import tariff. Addressing the Peterson Institute for International Economics in Washington, Okonjo-Iweala expressed her […]
“Bali Welcomes Apple Academy: Acting Governor Extends Gratefulness”
Apple’s announcement of the establishment of its fourth Developer Academy in Bali marks a significant milestone in the company’s dedication to fostering innovation and nurturing talent worldwide. This strategic move underscores Apple’s recognition of Indonesia’s burgeoning tech ecosystem and its commitment to empowering individuals to thrive in the digital age. Apple CEO Tim Cook’s statement […]
Erick Thohir Calls for Enhanced USD Procurement by State-Owned Companies: Menko Airlangga Shares Insights
Minister Airlangga Hartarto has issued a directive urging businesses to exercise prudence in their importation of consumable goods, particularly in consideration of the prevailing exchange rate of the Indonesian rupiah. Emphasizing the strategic importance of this measure, Hartarto stressed the need to mitigate the demand for US dollars by curtailing imports of non-essential items. Deputy […]
“After Talks with Jokowi and Prabowo, Apple CEO Tim Cook Outlines Next Steps”
The journey of Apple CEO Tim Cook in Indonesia continues post-meetings with President Joko Widodo at the Presidential Palace in Jakarta, and with Defense Minister and President-elect Prabowo Subianto. Amidst his engagements with the government, Cook still has a packed schedule in Indonesia. One notable agenda is the inauguration of the fourth Apple Developer Academy […]
Indonesia Relies Heavily on Apple iPhones: 85% of 2.79 Million Imported Smartphones are Apple Products
JAKARTA – Minister of Industry, Agus Gumiwang Kartasasmita, underscored Indonesia’s pivotal role as a significant market for Apple Inc.’s products. Citing data, Agus Gumiwang revealed that in 2022, Indonesia imported 2.79 million units of smartphones, with Apple products accounting for 85% of the total. “Out of the 2.79 million units, I can confirm that 85% […]
Indef Advocates for Export-Driven Growth Amid Import Constraints
JAKARTA – While import restrictions (Lartas) may appear to bolster Indonesia’s trade surplus, the Institute for Development of Economics and Finance (Indef) warns that such measures only generate superficial gains. Indef suggests that the government’s focus should shift towards enhancing exports rather than impeding imports, especially those essential for industry raw materials and auxiliary needs. […]
WTO Chief Urges US Trade Partners to Stay Calm Amid Prospect of Donald Trump’s Return and Fresh Tariffs
Head of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has called upon Washington’s trade partners to maintain composure in the event of Donald Trump’s potential return to the White House and his pledge to impose a 10 percent import tariff. Speaking at the Peterson Institute for International Economics in Washington, Okonjo-Iweala expressed her hope that […]
United Airlines Reports $200 Million Loss Due to Boeing Aircraft Grounding
Chicago, April 17, 2024 – United Airlines reported a first-quarter loss on Tuesday due to the temporary grounding of several Boeing aircraft, while also announcing plans to lease Airbus planes amid Boeing delivery delays. The three-week grounding of the 737 MAX 9 in January led to a $200 million revenue hit, resulting in a $124 […]