Indonesian News

Beef Prices Soaring in Indonesia Due to Late Import Permits

Bingkai Karya – Indonesian beef prices are currently high due to the late issuance of import permits by the Trade Ministry, according to the Indonesian Meat Importers Association (Aspidi). Secretary-General Suhandri said the short notice between permit issuance and Ramadan has limited available stock. Data from the National Food Agency (Bapanas) shows the price of […]

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Indonesia Faces Housing Backlog Challenge, Minister Calls for Solutions

Bingkai Karya – Indonesia is grappling with a significant housing shortage, with State-Owned Enterprises (SOEs) Minister Erick Thohir highlighting the urgency of addressing the issue. The country currently faces a backlog of 12.7 million housing units, while the current construction rate of 600,000 units annually is far from sufficient. This challenge is further amplified by

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Indonesia Holds World’s Largest Single-Day Election

Bingkai Karya – Indonesia, a sprawling archipelago nation and the world’s third-largest democracy, is holding its breath. Over 200 million citizens are casting their ballots in the world’s biggest single-day election, a momentous occasion that will shape the country’s future. This vote carries immense significance, not just for its sheer scale, but also for the

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KPPU Finds Soaring Prices of Red Chilies and Other Essentials Ahead of Ramadan in Bandung

Bingkai Karya – The Business Competition Supervisory Commission (KPPU) conducted a surprise inspection at two traditional markets in Bandung, Indonesia, and discovered significant price fluctuations in essential goods, particularly red chilies. The inspection, aimed at monitoring prices and supply stability before the holy month of Ramadan, revealed that red chilies topped the list of price

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Indonesia Tightens Grip on Vaping with New E-cigarette Tax

Bingkai Karya – Starting January 1st, 2024, Southeast Asia’s largest economy will clamp down on vaping with a brand new tax on e-cigarettes. This additional levy, set at 10% of the existing excise tariff, aims to discourage consumption and level the playing field with conventional cigarettes. The Indonesian government cited the negative health impacts of

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Network Node of 260 Cities - Regencies Throughout Indonesia Again Holds Indonesia Creative Cities Festival 2023 in Banjarmasin

Network Node of 260 Cities – Regencies Throughout Indonesia Again Holds Indonesia Creative Cities Festival 2023 in Banjarmasin

Academics, entrepreneurs/MSMEs, communities, regional and central governments, media, and aggregaters in more than 260 cities and districts throughout Indonesia are again holding an annual program called the Indonesia Creative Cities Festival (ICCF). This year, Banjarmasin is hosting ICCF 2023 with the theme “Cangkurah Kayuh Baimbai”. Based on the philosophical values of Banjarese culture, “Kayuh” means

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Indonesia Reclaims Seat on the UN Human Rights Council

Indonesia Reclaims Seat on the UN Human Rights Council

Indonesia has once again secured a significant position on the United Nations (UN) Human Rights Council for its upcoming term. This achievement underscores Indonesia’s crucial role in promoting human rights on the global stage. In a recent vote held at the UN, Indonesia received strong support from other member states, earning a seat on the

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The Impact of Indonesia's State Budget on Economic Transformation

The Impact of Indonesia’s State Budget on Economic Transformation

The Indonesian government consistently uses the state budget as a primary instrument in planning and managing economic policies. The state budget has a significant impact on the country’s economic transformation. This article will discuss several important aspects of the impact of Indonesia’s state budget on economic transformation. First, the state budget plays a key role

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Indonesia Rice Imports Spike as Jakarta Shores Up Stocks

Indonesia Rice Imports Spike as Jakarta Shores Up Stocks

The Indonesian statistics office said Friday that rice imports increased significantly in the first eight months of this year compared to the same time last year, as Southeast Asia’s largest economy looks to replenish inventories of its main grain.  Global rice prices hit a 15-year high this week following India’s decision in July to restrict

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Indonesia Hosted ASEAN Investment Forum 2023

Indonesia Hosted ASEAN Investment Forum 2023

Indonesia was reported to be the host for the ASEAN Investment Forum 2023. The event took place in Sultan Hotel, Jakarta, on Saturday, September 2nd. There were a lot of businessmen, government officials, and stakeholders throughout the Southeast Asia region. The aim of ASEAN Investment Forum 2023 is to discuss the investment potentials in the

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