4 Renewable Energy Potentials in Indonesia

Indonesia has a large potential for new and renewable energy that surpasses 443 gigawatts (GW). The Indonesian government is preparing to pass a new energy and renewable energy bill known officially as Rancangan Undang Undang tentang Energi Baru dan Terbarukan or RUU EBT. This is a regulatory framework for renewable energy projects and incentivises the … Baca Selengkapnya

Sri Mulyani: Good APBN in 2022 is Capital to Face 2023 Economic Uncertainties

Indonesia’s Finance Minister Sri Mulyani Indrawati reported that the implementation of the 2022 State Budget recorded a positive performance which, she opined, was in line with the improving domestic economy and the increasingly controlled COVID-19 pandemic. The 2022 State Budget, she said, is an instrument to support the achievement of development targets, dampen the impact … Baca Selengkapnya

Govt to help businesses benefit from RCEP with new trade regulation

The government issued a new rule concerning provisions of origin of goods and provisions for issuing documents of origin for goods exported from Indonesia, as a follow-up to the recently ratified Regional Comprehensive Economic Partnership (RCEP) agreement. The new measure  effectively enforced starting on Jan. 2, 2023, aiming to help business actors take advantage of … Baca Selengkapnya

4 Designers from Bali Show Endek Fabric Work in Paris

Four designers from Bali appeared at a fashion event titled Magnifique de Wastra Bali or The Magnificent of Wastra Bali at Le Salon Des Mirois, Paris, France last Saturday (10/12/2022). The designers are Komang Lusi Damayanti, Kadek Dode Moneko, Ida Ayu Karang and Made Adi Mariana. Each designer exhibited 10 Balinese endek endemic clothing. The … Baca Selengkapnya

France participates in the United Nations Convention on Biodiversity (COP15)

The 15th edition of the United Nations Conference on Biodiversity (COP15) is being held from December 7 to 19, 2022, in Montreal, Canada, under the chairmanship of China. France participates in it alongside the 195 other signatory States of the Convention on Biological Diversity . France and the European Union would like an ambitious framework … Baca Selengkapnya

France’s TotalEnergies exits Russian gas firm’s board

French energy group TotalEnergies is withdrawing from the board of Russian gas giant Novatek and taking a $3.7billion hit in the wake of sanctions against Moscow. TotalEnergies said in a statement that the two directors have had to abstain from voting in board meetings, “in particular on financial matters”, due to the European sanctions.“They are … Baca Selengkapnya

Indonesia Suggests New Working Groups Under India’s G20 Presidency

Indonesia suggested the formation of new working groups under India’s G20 Presidency, stated Edi Prio Pambudi, International Economic Cooperation Coordination Deputy at the Coordinating Ministry for Economic Affairs, in a statement on Sunday. The working groups include Disaster Risk Resiliency and Reduction Working Group, Culture and Startup 20 Working Group and Digital Economy Working Group.Indonesia … Baca Selengkapnya

New Criminal Code Not Expected to Affect Tourism Investment, Says Minister

Minister of Tourism and Creative Economy, Sandiaga Uno, has said he believes that the newly passed Criminal Code (KUHP), specifically its provisions on live-in relationships, will not affect tourism and creative economy investment in Indonesia, and he said that his ministry will still need support and assistance in terms of legal certainty to convince investors … Baca Selengkapnya

Beaujolais Nouveau 2022

On Friday, November 25th 2022, Indonesian French Chamber of Commerce and Industry (IFCCI) successfully organized the biggest wine festival Beaujolais Nouveau. Originated in France, Beaujolais Nouveau celebrates the new wine of the harvest on the third Thursday of November. Combining business with culture French and Indonesian professionals are gathered in Mandarin Oriental Jakarta Ballroom to … Baca Selengkapnya