1,9 milhões de hectares de florestas arderam na Indonésia

© MAST IRHAM/EPA

© MAST IRHAM/EPA

Indonesia has spent a decade trying to turn its mineral wealth into something more valuable than raw commodity exports. The strategy is ambitious: restrict raw nickel exports, attract investment, build processing capacity and move downstream into electric-vehicle (EV) batteries that will power the next generation of transport and energy storage. China is central to the […]
The post Owner or owned? Indonesia’s Chinese battery chain dilemma appeared first on Asia Times.

© ANTONIO DASIPARU/EPA

Indonesia, Brazil and the Democratic Republic of Congo together hold more than half of the world’s tropical rainforests. In 2022, when Indonesia hosted the G20 summit in Bali, the three countries pledged to cooperate on how to pay to protect those forests. The promise was one of South-South cooperation: developing countries working together rather than […]
The post Indonesia primed to lead a Global South forest protection bloc appeared first on Asia Times.

The most consequential changes in a democracy do not always arrive with a constitutional crisis. Rather, they come through appointments, legal amendments and seemingly ordinary political bargains, accumulating one after another until the political system begins to look different from the one that came before. That is the real value of the “boiling frog” metaphor. […]
The post The slow boiling of Indonesian democracy appeared first on Asia Times.

The most unsettling failure in digital payments may not be a black screen. Imagine a fraud-detection model that remains online but suddenly flags thousands of legitimate transfers as suspicious. Banks may see functioning servers while customers see rejected payments, delayed salaries and complaints no single institution can explain. This is a hypothetical scenario, not a […]
The post The AI risk no bank can manage alone appeared first on Asia Times.

© ANTÓNIO COTRIM/LUSA

Every year, the Indonesian government forgoes taxes it could collect. Through tax holidays, rate cuts and exemptions, it courts investment while easing the burden on households and small businesses. Economists call this “tax expenditure” because giving up revenue is another way of spending public money. The Ministry of Finance expects it to reach 564 trillion […]
The post Indonesia should count the real cost of its mineral incentives appeared first on Asia Times.

For decades, the Indonesia Stock Exchange has run like a members’ club, where the brokers who trade on the IDX also own it. But that cozy arrangement is about to end under an amended financial sector law that requires the exchange to demutualize. The Financial Services Authority, or OJK, has issued a new regulation on […]
The post Indonesia’s bourse rebuild is really a monetary policy story appeared first on Asia Times.

Indonesia is buying the weapons of a modern military at a pace rarely seen in its recent history. Rafale fighter jets are entering service, and the country has contracted for 48 KAAN fighters from Turkey. The navy has taken delivery of two Italian PPA warships and commissioned a former Italian aircraft carrier, the Giuseppe Garibaldi, […]
The post Indonesia’s arms spree only the start of a modern military appeared first on Asia Times.





