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Widodo also emphasized the need for increased protection in the digital economy, particularly given the presence of 64 million micro, small, and medium enterprises (MSMEs) across Indonesia. He pointed out that low financial literacy levels make the public vulnerable to digital fraud and other cybercrimes.
Deputy Minister of Finance Suahasil Nazara underscored the significance of these efforts during his remarks at the 16th ASEAN and Asia Forum in Singapore on July 30. He emphasized that Indonesia is leveraging its down streaming policy not merely as a restriction on mineral resource exports but as a strategic move to enhance the value of domestically produced goods and expedite economic transformation.
Hong Kong’s appeal lies in its strategic location as a gateway to both Mainland China and the broader Asia-Pacific region. The Special Administrative Region boasts a sophisticated financial sector, a pro-business regulatory environment, and a high level of connectivity with global markets. These attributes, Hong Kong officials argue, present a compelling case for Indonesian enterprises to consider expanding their horizons beyond Singapore’s borders.
Luhut, a prominent figure in Indonesian politics with extensive experience in economic and maritime affairs, is expected to leverage his expertise to drive forward the task force's objectives. Under his leadership, the task force will work to overcome existing challenges in offshore oil and gas operations and capitalize on Indonesia’s vast underutilized resources.
Prabowo held a series of high-level meetings with President Putin and other senior Russian officials.
In its latest financial statement, Indosat revealed a substantial rise in net profit, up 22% year-over-year, reaching IDR 1.2 trillion. This impressive gain underscores the company's successful strategies in expanding its customer base and optimizing its service offerings.
The Indonesian airline's pledge is part of a growing trend among global carriers to adopt cleaner fuel alternatives. SAF is produced from renewable resources, such as waste oils and agricultural residues, making it a more environmentally friendly option than fossil-based fuels.
The joint statement issued at the conference expressed grave concerns over North Korea's ongoing missile tests and nuclear activities, which contravene international mandates and pose a serious threat to regional stability.
The decline in marine populations is affecting a broad range of fish species, from commercially important stocks such as tuna and cod to smaller fish vital to the ecosystem.
The Russian Navy has initiated extensive drills involving the majority of its fleet. These exercises aim to enhance operational readiness and demonstrate naval strength amid rising global tensions.
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