Economy
Edisi Monday, 5 June 2023
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Economy
Elusive Electricity Export
Large businesses are competing against each other to export electricity to Singapore. They are vying for solar power plants to solar panel production projects.
Economy
Conglomerates in Solar Power Plants
Several big firms are building solar power plants in Batam. Conglomerates are looking into power exports.
Economy
Blackouts in the Investment City
Industry actors are protesting the frequent power outages in Batam. The power reserve margin is insufficient, putting Batam’s reputation in the eyes of investors at risk.
Edisi Monday, 29 May 2023
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Economy
Security Breach of an Old Computer
BSI's operation was disrupted by a ransomware attack. The hacker’s virus gained entry from an older, unprotected computer.
Economy
Vulnerable Money Keepers
Banks and financial institutions are targeted by hackers. A robust system that can withstand millions of cyber attacks is needed.
Economy
Wanted: Ethical Hackers
The services of ethical hackers are becoming a necessity in face of the rash of ransomware. Penetration testing skills are now a requirement for obtaining certification.
Edisi Monday, 22 May 2023
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Economy
Java Power Project Delays
The operational plan for the Java 1 PLTGU continues to run behind schedule. The use of new turbines and gas pipes installation are a problem.
Edisi Monday, 15 May 2023
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Economy
Missing Promised Subsidy
The government’s promised one-price cooking oil subsidy has not been paid, thanks to late verification and differences in opinion.
Economy
Unappealing Palm Oil DMO
The government again revises its domestic market obligation regulation. The rule has been ineffective in guaranteeing the supply of cheap cooking oil.
Edisi Monday, 8 May 2023
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Economy
Vale Indonesia’s Tricky Divestment
Mind Id’s efforts to have the majority share ownership in Vale Indonesia hit a wall. The reduced size of mining areas leaves a question mark.
Economy
Hope over Green Smelter in Luwu
Bumi Mineral Sulawesi, owned by the Kalla Group, is building several nickel smelters in joint venture projects. They will utilize green energy as part of sustainable development.
Economy
Surrounded by Illegal Nickel Mines
Illegal nickel mines surround Vale Indonesia’s concession area, causing environmental problems.
Economy
Vale Must Provide Direct Benefits for the Provinces
Jusuf Kalla challenges three governors to take over nickel mining areas controlled by foreign companies.
Edisi Monday, 1 May 2023
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Economy
Hunting for Nickel Smelter Projects in Indonesia
Companies from China, Europe, and the United States dive into nickel smelter projects. They are vying for positions in the electric vehicle ecosystem.
Economy
The Rise of Nickel
Vale Indonesia records an increase in production. Indonesia’s nickel supply triggers a surplus, affecting prices.
Edisi Monday, 24 April 2023
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Economy
Seeking Investors for Bank Syariah Indonesia
The government is seeking new investors for Bank Syariah Indonesia. They are hoping Islamic banks in the Middle East would become strategic investors.
Economy
Big on Opportunities, Low on Capital
Sharia banks offer many services to attract customers. However, it is difficult for them to compete with conventional banks due to having less capital.
Edisi Monday, 17 April 2023
Edisi Monday, 10 April 2023
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Economy
Relying on Domestic Credit Card
A domestic credit card will immediately be available to government institutions and the public. The credit card is aimed at making the country’s payment system more independent.
Economy
Easy Enough to Pay Later
Credit Cards are up against the “paylater” model as their competition. The model offers ease in postponing payment but has its own risks.
Economy
Domestic Credit Cards Must Be Able to Compete
Bank Indonesia will issue a domestic credit card. The bank promises a sovereign payment system. Indonesian Credit Card Association General Manager, Steve Marta, talks about it.
Economy
Cancelling Import, Purchasing New Cars
The BPKP has rejected the import of used trains from Japan. KCI will obtain new ones produced by Inka, which also applies Japanese technology.
Edisi Monday, 3 April 2023
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Economy
Curbing Illegal Textile
The textile import business is growing, some enter the country through illegal channels. Sixty companies are suspected of involvement.
Economy
Putting an End to Thrifting
The government continues its efforts to exterminate the illegal importation of second-hand clothing. Traders will be instructed to sell local products.
Economy
Old But Still Loved
Thrifting is not always a bad thing. Second-hand clothes can potentially foster creative enterprises, suppress emission, and spur a circular economy.