Indonesia has joined the ranks of countries adopting the Golden Visa program. This visa allows qualified investors, former Indonesian citizens, and second-home seekers including talented individuals, to reside in Indonesia for up to five or ten years.
Minister of Cooperatives and Small and Medium Enterprises (MenKopUKM) Teten Masduki highlighted Project S being developed by TikTok. This strategy is deemed detrimental to Indonesian MSME players.
The Commodity Futures Trading Supervisory Agency officially established the Crypto Asset Futures Exchange on 28 July 2023. Transactions and the number of crypto investors are still increasing this year.
Minister of Education, Culture, Research and Technology Nadiem Makarim proposed the establishment of a teacher marketplace. However, the idea has become a polemic.
General Elections Commission Regulation No. 10/2023 Article 8 Paragraph 2 concerning the rules for female candidates has sparked controversy. Many parties urged KPU to revise the regulation immediately.
Indonesia received a quota of 221 thousand people for the 2023 Hajj, the most in the world. Preparations have begun, including providing Hajj services that are easily accessible to the elderly.
Under the chairmanship of Indonesia, the 2023 ASEAN Summit carries the theme of ASEAN Matters: Epicentrum of Growth. This theme is expected to demonstrate ASEAN's ability as the center of world economic growth.
The government postponed the ban on copper concentrate exports until June 2024 amid the slow development of its smelters. It is not the case for bauxite ore producers.
President Joko Widodo aims to close all coal-fired power plants (PLTU) in Indonesia by 2050. In the last 20 years, however, no coal plants have been shut down.
