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trishna_amrta

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Although, as usual, things have their own pros and cons, but if we're talking about education, I'm glad I'm not a U.S citizen.

Otherwise, I might still have to pay for my student loan even today.
That because they are a for profit industry. In fact the whole US of A are functioning more like "Incorporation" in the guise of a nation state. Even all the wars they involve in was for further advancing for profit enterprise.
 

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Review of GESITS the Indonesian electric motorcycle
Test ride uphill until the battery ran out
 

morningstar

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Don't look too high upon US education institutions. They only look good from the outside (far outside). The closer you get, the more stink they will smell
Many ideas, science writings came out from US universities, don't forget also the experiences. That are really give the "wow" factor to US higher school (the well known).

Yes, there are a problems of student loan (education are not free), prefer more wealthy students, and else, but that bad images are helped by many R&D and other advance technologies came out from the US higher schools.

And the place where Pandu Sjahrir was graduated, University of Chicago, was an important part for the world history, Mazhab Chicago came out from there.
 
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trishna_amrta

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Many ideas, science writings came out from US universities, don't forget also the experiences. That are really give the "wow" factor to US higher school (the well known).

Yes, there are a problems of student loan (education are not free), prefer more wealthy students, and else, but that bad images are helped by many R&D and other advance technologies came out from the US higher schools.
Wasn't referring to student loan, although that also bad by itself.
Anyway as I had stated earlier they only good if you're looking them from far far away. If you're in one of them, they smell like a rotten sewer rat.
 

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BPDP-KS aims to achieve 2021 palm oil plantation rejuvenation target​

23rd Jan 2021 14:10
BPDP-KS aims to achieve 2021 palm oil plantation rejuvenation target


Jakarta (ANTARA) - The Indonesia Oil Palm Plantations Fund Management Agency (BPDP-KS) remains unswerving in its endeavors to attain the target of small-scale palm oil plantation rejuvenation that will span an area of 180 thousand hectares in 2021.

"The target of small-scale plantation rejuvenation in 2021 would cover 180 thousand hectares of area, with funding allocation of Rp5.567 trillion," Chief of BPDP-KS' Steering Committee, Airlangga Hartarto, stated here on Saturday.

The agency will also support the implementation of the B30 biodiesel mandatory policy in 2021, Hartarto who concurrently the coordinating minister for economic affairs, remarked.

Hartarto noted that BPDP-KS and all stakeholders in the palm oil sector will design a more effective and efficient mechanism to achieve the target.

In addition, the government has continued to encourage the implementation of the B30 biodiesel mandatory policy, with allocation target set at 9.2 million kilo liters.

The palm oil rejuvenation plan aims to maintain stability in the price of Crude Palm Oil (CPO) and surplus of non-oil and gas trade balance, wherein the exports of palm oil and its derivative products contributed 12 percent of the trade.

With this commitment, the government is expected to achieve the target of securing 23 percent of its primary energy from renewable sources by 2025 in the energy mix program of the National Energy Policy (KEN), Hartarto stated. Related news: Government calls on BPDPKS to reach palm oil rejuvenation target

EDITED BY INE

Translated by: Satyagraha, Sri Haryati
Editor: Suharto
 

morningstar

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Well if it isn't disclosurable and can be done virtually. I doubt it truly "mengikat" 🤪
 

morningstar

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Strong possibility, the CEO for Indonesia's SWF will be Pandu Sjahrir. He is LBP's niece, but even though like that, it's ok for me, he is smart and experienced businessman.

Jebolan University of Chicago, place where the well known Milton Friedman was worked and Stanford University, you know lah Stanford.

Damn, just see the school, already make my eyes pedih.
The CEO is not LBP's niece, Pandu Sjahrir LOL
 

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Asia-Pacific countries dominate Agility emerging markets index
source : Link

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SINGAPORE (ANTARA) –– Asia-Pacific nations lead all emerging market regions with China, India and Indonesia being the world’s top emerging markets in the 12th annual Agility Emerging Markets Logistics Index, a broad gauge of competitiveness based on logistics strength and business fundamentals.

The Index ranks 50 countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. Among ASEAN countries, Vietnam climbs three spots to No. 8 overall. Indonesia (3), Malaysia (5) and Thailand (11) are strong; the Philippines rises one spot to No. 21.

China and Vietnam were virtually alone in the world in 2020, posting positive GDP growth for the year after being hit early by economic fallout from the COVID-19 pandemic.

Early 2020 supply disruptions in China prompted some to question whether it would experience an exodus of manufacturing by multi-nationals seeking to diversify sourcing and production. But the 1,200 logistics industry executives surveyed for Agility’s Index indicate little desire to uproot from China or other markets, preferring by a two-to-one margin to protect their supply chains by accelerating adoption of digital tools and technology (41.3%) as opposed to pursuing multi-shoring, near-shoring or reshoring strategies (21.9%).

“Asia Pacific experienced great turmoil in the beginning of 2020 due to the COVID-19 crisis, but it has rebounded strongly, led by the powerful performance of China and Vietnam. The region is on track for a full recovery this year,” says Andy Vargoczky, SVP of Sales & Marketing Asia-Pacific, Agility GIL. “India, Indonesia, Malaysia, Thailand and Vietnam continue to improve their supply chain infrastructure and capabilities, showing why they are leaders in domestic and international logistics.”

Across 50 countries, China, India and Indonesia rank highest in the Index for domestic logistics. China, India and Mexico are on top for international logistics with Vietnam 4th, Indonesia 5th, and Malaysia 7th. UAE, Malaysia and Saudi Arabia have the best business fundamentals.

2021 Index and Survey Highlights

● The most competitive emerging markets are manufacturing powerhouses in Asia and the business-friendly economies in the Gulf region. From Asia, China (1), India (2), Indonesia (3), Malaysia (5) and Vietnam (8) made the top 10. Gulf nations United Arab Emirates (4), Saudi Arabia (6), Qatar (9) also ranked in the top 10. Mexico came in at 7th; Turkey was No. 10.

● The countries improving their domestic logistics strengths the most were Malaysia, Nigeria, Vietnam, Iran, Uruguay, Myanmar and Cambodia. The biggest strides in international logistics came from Morocco, Ukraine, Kenya, Myanmar and Paraguay.

About Agility

Agility is a global logistics company with $5.2 billion in annual revenue and 23,000+ employees in more than 100 countries. It is one of the world’s top freight forwarding and contract logistics providers, and a leader and investor in technology to enhance supply chain efficiency. Agility is a pioneer in emerging markets and one of the largest private owners and developers of warehousing and light industrial parks in the Middle East, Africa and Asia. Agility’s subsidiary companies offer fuel logistics, airport services, commercial real estate and facilities management, customs digitization, and remote infrastructure services.

For more information about Agility, visit www.agility.com

Govt encourages emergence of AI-based digital talent in Indonesia
source : Link
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Jakarta (ANTARA) - The Education and Culture Ministry has encouraged the emergence of Artificial Intelligence (AI)-based digital talent in Indonesia.

"Now, we can see the emergence of unicorns and decacorns in Southeast Asia. Out of the 10 unicorns and decacorns in Southeast Asia, five were established and grew in Indonesia. We need to encourage the emergence of more digital startups that are based on technology- and creative innovation," the ministry's Director General of Higher Education Nizam stated during the virtual opening of the Bangkit 2021 Program here on Monday.

Nizam affirmed that creativity and innovation based on technological competencies, especially in digital technology and AI, would create digital startups that can transform into unicorns or also decacorns.

Drawing attention to the result of some studies, Nizam affirmed that in the next decade, the use of AI-based digital technology in Southeast Asia, especially in Indonesia, had the potential to create new economic value of US$360 billion.

"It is more than 50 percent of the potential growth in digital economy and AI-based economy in Southeast Asia," he stated.

The ministry, in cooperation with Google, organized the Bangkit 2021 Program to create a new talent pool with expertise in digital technology.

Under the program, participants will gain various digital competencies, including machine learning, cloud computing, UI, and UX.

"At the end of the program, the best participants will have the opportunity to receive training from Stanford University, through a special program prepared in 15 domestic universities," he revealed.

A total of 300 participants had attended the program in 2019.

"Now, out of the 40 thousand applicants, we have selected three thousand students to participate in the program," Nizam stated.

Asia Pacific Education Programs Lead of Google William Florance affirmed that the program was initiated to fill in the digital talent gap in technology companies.
 

Bungaterakhir

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Erich thohir is the men in the right place and in the right time. 💥💥

9 Indonesia’s State Firms Award Projects Worth $818.4 Million to Local MSMEs
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KOMPAS.com – A total of nine Indonesian state firms through a micro small medium enterprises digital platform, PaDi UMKM, awarded projects worth 11.4 trillion rupiahs ($818.4 million) to local MSMEs, an official said on Monday, February 15.

Deputy State-Owned Enterprises Minister Pahala Nugraha Mansury said that the program was done in a bid to support the local MSMEs amid the Covid-19 pandemic.

“As of January 2021, the total transaction which was made through the PaDi UMKM reached 11.4 trillion rupiahs ($818.4 million),” said Pahala in a virtual press conference.

The state firms comprise telecommunication operator PT Telkom, oil and gas company PT Pertamina, and fertilizer firm PT Pupuk Indonesia. Also participating are three financial institutions BRI, Pegadaian, and PNM, and three construction firms Waskita Karya, Wijaya Karya, and PP.

“One of the avenues to increase the number of participation from the state-owned companies is through the implementation of the virtual Expo 2021,” he said, adding that the synergy between the state firms and MSMEs could boost the national economy.
 

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Govt highlights increased 2021 PEN budget to reach Rp699.43 trillion​

23rd Feb 2021 17:53
Govt highlights increased 2021 PEN budget to reach Rp699.43 trillion


Jakarta (ANTARA) - Finance Minister Sri Mulyani Indrawati revealed that budget for the National Economic Recovery Program (PEN) had increased to Rp699.43 trillion in 2021, from Rp688.33 trillion.

This year's budget is up 21 percent, from last year's PEN realization, at Rp579.78 trillion, and is expected to be an effective driving force for economic recovery, especially in the first quarter of 2021.

"We are optimistic that the PEN budget, which has increased by 21 percent, will be an effective driving force for recovery, especially from January to February. This is expected to continue until March," Indrawati stated during an online press conference on the KiTA State Budget here on Tuesday.

The budgeted Rp699.43 trillion is focused in five areas: health, social protection, priority programs, business incentives, and support for MSMEs and corporate financing.

Related news: PEN allocation projected to reach Rp553.09 trillion in 2021: Hartarto

In the health field, the government has allotted a budget of Rp176.3 trillion, including Rp58.18 trillion for the vaccination program, Rp9.91 trillion for diagnostics (testing and tracing), Rp61.94 trillion for therapeutics, Rp18.61 trillion for health tax incentives, and Rp27.67 trillion for other treatments.

Some Rp157.41 trillion is allocated for the social protection programs that includes Rp20 trillion for pre-work allowance and Rp14.4 trillion for rural funds.

The government's priority programs receive Rp125.06 trillion of which Rp27.33 trillion is set aside for labor-intensive projects, Rp47.1 trillion for food security, Rp11.33 trillion for industrial areas, Rp10 trillion for regional loans, Rp16.65 trillion for ICT, Rp8.66 trillion for tourism, and Rp4.11 trillion for other priorities.

To support MSMEs and corporations, the government has assigned Rp186.81 trillion, including for interest subsidies for MSMEs amounting to Rp31.95 trillion.

As for business incentives, the apportioned budget reaches Rp53.86 trillion, including for tax incentives.

"PEN has jumped close to 21 percent of its budget since this is the most important driving force in our economy today," she stated. Related news: Realization of PEN budget reaches 63.3%

Translated by: Astrid FH, Fardah
Editor: Rahmad Nasution
 

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Sojitz keen to develop methanol, ammonia industry in Indonesia​

13th Mar 2021 16:33
Sojitz keen to develop methanol, ammonia industry in Indonesia


Jakarta (ANTARA) - Sojitz Corporation of Japan has expressed interest to develop the methanol and ammonia industry in Indonesia on account of a spike in demand for downstream industries in the nation, Industry Minister Agus Gumiwang Kartasasmita stated.

During a work visit to Japan, Kartasasmita, in the company of Indonesian Ambassador to Japan Heri Akhmadi, met with the chemical industry company’s CEO to discuss development of the methanol industry in Indonesia.

"During the meeting, Sojitz expressed interest in developing the methanol and ammonia industry in the Bintuni Bay Industrial Area that will involve an investment of some five billion dollars," the minister noted in a statement issued from Tokyo on Saturday.

The Indonesian minister notified the president and CEO of Sojitz Corporation Fujimoto Masayoshi that the Bintuni project will be included as a National Strategic Project (PSN), thereby making it eligible to attain facilities and various incentives from the government.

“The petrochemical project in Bintuni Bay will be the largest, spanning an area of around two thousand hectares. We will discuss it further during our next visit in May," he remarked.

Sojitz Corporation's business in Indonesia includes the Kaltim Methanol Industry (KMI) in Bontang, East Kalimantan, which is the only methanol producer in Indonesia.

The company has an annual production capacity of 660 thousand metric tons.

"With domestic demand for methanol reaching around two million tons, the construction of a new methanol plant is direly needed," Kartasasmita pointed out.

Methanol raw materials are required in the textile, plastics, synthetic resin, pharmaceutical, insecticide, and plywood industries, among others. Methanol is also used as an antifreeze and inhibitor in oil and gas activities.

Furthermore, methanol is also one of the raw materials for manufacturing biodiesel.

"In 2020, the demand for methanol would also increase with the implementation of the mandatory biodiesel B30," he stated.

In order to realize the second methanol plant construction project, both governments must extend support to the development of the petrochemical industry in Bintuni, Kartasasmita stated.

Multi-year development of this industrial area is being conducted through a public-private partnership or PPP scheme.

Infrastructure in the area is targeted to be developed this year and continued with the construction of factories in 2022, so that tenants can start producing in 2024.

On the occasion, Kartasasmita also invited Sojitz to invest in the soda ash industry as a downstream of ammonia and to lower CO2 emissions from coal combustion.

"The government will provide certain incentives for pioneer industries, such as soda ash," he affirmed. Related news: Methanol industry anchor industry at Teluk Bintuni Industrial Estate: Minister
Related news: Pupuk Kaltim targets methanol plant to commence production in 2023


EDITED BY INE

Translated by: Risbiani F, Fardah
Editor: Suharto
 

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