December 6, 2023
A volcanic eruption on Indonesia’s Mount Marapi caught dozens of climbers by surprise over the weekend, killing at least 22, with rescuers continuing to search the dangerous slopes for a missing climber, authorities said Tuesday. Dozens of climbers were near the danger zone when the initial eruption on Sunday spewed thick columns of ash as
READ MORERescuers searching the hazardous slopes of Indonesia’s Mount Marapi volcano found more bodies among the climbers caught by a surprise eruption two days ago, raising the number of confirmed and presumed dead to 23. More than 50 climbers were rescued after the initial eruption Sunday, and 11 others were initially confirmed dead. Another eruption Monday
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Indonesia has named the chairman of its anti-graft commission as a suspect in a corruption case, according to police. Indonesia has named the chairman of its anti-graft commission as a suspect in a corruption case, according to police, in a setback to the reputation of an agency set up two decades ago after the fall
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Indonesia’s investment plan for the $20 billion Just Energy Transition Partnership (JETP) calls for rapid growth in renewable energy of all kinds. This includes variable renewables such as solar and wind, and also what are called dispatchable renewables like geothermal and hydropower. Solar and wind are intermittent sources of power generation, because they depend on
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Indonesia has been ramping up its electric vehicle industry through a series of investments, but there is a lingering question over whether this will be enough. Growth in the EV market has so far been bumpy yet exciting, helped by steady investment from the ASEAN region since 2019. It is expected to have a market
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It would be an understatement to say that October was a momentous month for China’s Belt and Road Initiative (BRI). Beijing celebrated the initiative’s 10th anniversary by holding the third Belt and Road Forum; around the same time, its signature high-speed railway (HSR) in Indonesia became operational. The launch of “Whoosh,” the Jakarta-Bandung HSR, on
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Indonesia’s Just Energy Transition Partnership, the $20 billion fund earmarked for investment in clean energy, took a big step forward in November with the release of the Comprehensive Investment and Policy Plan. One of the requirements under the JETP framework is to prepare a roadmap for how Indonesia will accomplish its energy transition goals (peak
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Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia, popularly known as GoTo reported 942 billion rupiah ($59.30 million) in underlying losses for the third quarter, a significant drop from last year’s 3.7 trillion rupiah, the company said on Monday. The results came after the company reached a positive contribution margin since the beginning of this
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Advertisement TikTok’s abrupt suspension of its online retail business in Indonesia last week, in order to comply with the government’s social media e-commerce ban, dealt a heavy blow to its rapidly expanding e-commerce operation. This situation is not one of governments picking losers, but rather of losers shaping policy, as declining businesses often seek to
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Advertisement Indonesia’s 2024 budget has been approved by the national legislature, and while there may be a few tweaks here or there before it is passed into binding law, we know what the basic structure will look like and can talk about some of the key takeaways. The first takeaway, and I think an underappreciated
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