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If you imagine that the only requirement of day trading is to sit back, click your mouse a few times, and collect cash, you’re off...
This expansion aims to ensure a stable food supply for Nusantara, the new capital under construction on the island of Borneo, and to bolster the country’s overall food security.
During the meeting, NU representatives, including influential figures within the organization, expressed interest in securing mining concessions as part of their broader economic and development goals. The discussions underscore NU’s strategic move to leverage its political influence and engage directly with the government on key economic issues.
The decision to invest in Nusantara reflects NU’s strategic positioning and its role in shaping the future of Indonesia. With the new capital expected to relieve Jakarta’s congestion and environmental strain, NU’s involvement underscores a significant contribution to the national project that aims to foster balanced regional development and enhance the country’s overall infrastructure.
Indonesia, the world’s largest archipelagic nation, boasts extensive marine and fishery resources with significant potential. However, Nugroho highlighted that current state budget provisions are insufficient to fully support the ambitious goals of the blue economy, which seeks to balance ecological preservation with economic growth.
A scheduled vote on the fast-tracked legislation was delayed on Thursday due to insufficient parliamentary attendance. If passed, the legislation would reinstate the previous requirements, which favor the ruling coalition and potentially render many local elections uncontested. Notably, it would prevent prominent government critic Anies Baswedan from running for Jakarta governor and sideline the presidential son, Kaesang Pangarep, from regional elections due to his age.
With global palm oil prices already under pressure from increased supply and sluggish demand, the strengthening rupiah is squeezing profit margins further.
The changes are seen as an opportunity for political parties like the Indonesian Democratic Party of Struggle (PDI-P), which can now field candidates without forming coalitions.
The president set a two-week deadline for his ministers to present actionable solutions.
During his visit, Prabowo and Papua New Guinea's officials discussed a range of issues, including joint security initiatives, trade agreements, and collaborative environmental projects. The emphasis on compromise highlights Indonesia’s intention to address mutual concerns and build a more robust framework for future engagement.
The proposed allocation is aimed at addressing the ongoing and future maintenance needs of Nusantara’s infrastructure, including roads, bridges, and public utilities, as the city undergoes its transformation from a construction site to a fully operational capital. The funding is intended to support long-term upkeep and development, ensuring that the city meets its operational and environmental standards once it is fully established.
The bonus increase is seen as a strategic move to motivate KPU officials and enhance their performance during what is expected to be a complex and high-stakes election cycle. By bolstering financial incentives, Jokowi aims to ensure that the commission, responsible for overseeing the integrity and administration of elections, is well-equipped and committed to managing the process effectively.
Roeslani, who replaces Bahlil Lahadalia, is widely recognized for his expertise in finance and investment, having previously served as Indonesia’s Ambassador to the United States and Deputy Minister of State-Owned Enterprises (SOEs).
Puspitarini pointed out that unlicensed centres often lack qualified staff, proper safety measures, and the educational standards necessary for young children’s development.
The court’s decision, announced on Tuesday, removes the previously enforced minimum vote threshold required for candidates or parties to participate in local elections. This threshold, which had been established to filter out less viable candidates and parties, was seen by critics as a barrier to democratic participation and representation. By scrapping this requirement, the court aims to foster a more inclusive electoral process and provide greater opportunities for a broader range of candidates to compete in local elections.
The minister, who assumed office last week, articulated a robust plan to enhance the appeal of Nusantara to both domestic and international investors. His vision includes streamlining regulatory processes, offering attractive incentives, and fostering a conducive business environment to encourage private sector involvement in the city’s development.
The governor’s program, which was launched earlier this week, provides complimentary meals to residents in need across various districts of the capital. The initiative aims to mitigate the impact of rising living costs and economic hardships exacerbated by the pandemic and recent inflationary pressures. By personally financing the project, the acting governor underscores a commitment to immediate, tangible relief for Jakarta’s vulnerable populations.