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Foreign Direct Investment crucial for Indonesia’s economic growth and development

FDI plays a pivotal role in addressing critical challenges faced by Indonesia, including infrastructure deficits and the need for technological advancements. By drawing in foreign investors, the country aims to accelerate development projects, boost industrial capacity, and enhance its global competitiveness. Investment in infrastructure, for instance, is crucial for improving connectivity and supporting economic activities across the archipelago.

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Indonesian government postpones 5G spectrum auction amid low telco interest

The decision has been met with a mix of caution and relief from the telecommunications companies, which have expressed reservations about the high costs associated with acquiring spectrum licenses and the uncertain return on investment. Despite the government's push to advance digital infrastructure as part of its broader economic development strategy, the telcos’ hesitation highlights the need for a more conducive environment to stimulate interest in 5G technologies.

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Indonesia calls for quick lasting peace in Gaza

Indonesian Foreign Minister Retno Marsudi stressed the urgent need for lasting peace in Gaza and highlighted the serious humanitarian crisis in the region. Speaking at the ASEAN Regional Forum in Laos, Marsudi emphasized the importance of applying international law to all parties in the conflict.

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