Author: Admin
The Indonesia Stock Exchange (IDX) has extended its partnership with Nasdaq to revamp its core technology. The latest development will see IDX upgrade its core trading platform by installing the latest version of Nasdaq’s matching engine. In addition, the partnership between Nasdaq and IDX will also cover market surveillance. The technology overhaul is in line with an edict from the OJK, Indonesia’s Financial Services Authority, to develop a “robust, stable and sustainable capital market that can support the ongoing development of the Indonesian economy”. The upgrade also follows what has been a period of rapid growth for the trading venue.…
Jakarta (ANTARA) – The Indonesian Agriculture Ministry, in cooperation with the Food and Agriculture Organization (FAO), through the Emergency Center for Transboundary Animal Diseases (FAO ECTAD), launched a Global Health Security Programme (GHSP) targeted at averting future pandemics.During the launch event held virtually on Tuesday, Secretary-General of the Ministry of Agriculture Kasdi Subagyono was upbeat about the program running in sync and harmony with the ministry’s other programs.“I am optimistic of smooth synergy and harmonization in the implementation of the GHSP project along with other projects at the Ministry of Agriculture while ensuring good administrative aspects in planning, implementing, and…
“Down with QRIS! We refuse to work with it!” shouted one parking attendant angrily in the video.The attendant was referring to the Quick Response Code Indonesian Standard (QRIS), a national app-based electronic payment platform recognised by most banks in Indonesia. Launched in 2020, the system can be used to pay for everything from public transport fees to restaurant bills and is endorsed by the government and the private sector.But for many Indonesians who are used to dealing with cash, using new technology evokes fear of invasive bureaucratic oversight and job loss.Budi Rahardjo, the founder of PT Riset Kecerdasan Buatan, an…
By attempting to break free of fossil fuels though, are we setting ourselves up for a new dependence on critical metals, including lithium, graphite, cobalt, nickel, even copper? A dependence that brings with it the threat of environmental devastation? Renewable energy proponents are reluctant to discuss the harsh labor conditions or non-existent environmental regulations associated with mining many of the battery and energy metals. Done improperly, mineral extraction has the potential to damage local communities and ecosystems, destroying cultures and biodiversity in the process. The most obvious example is the DRC, where the majority of the world’s cobalt, a key ingredient…
Unlawful killings, buildup of security forces in vicinity of a planned gold mine concession Authorities restrict daily life of Indigenous Papuans, including hairstyle Lack of consultation with communities affected by gold mine plans Indonesian authorities should immediately halt plans to develop a sprawling gold mine the size of the city of Jakarta in volatile Papua Province, where it risks fueling conflict and violating the land rights of Indigenous Papuans, Amnesty International said in a new briefing published today. Intan Jaya Regency, where the gold ore deposit known as Wabu Block is located, has become a hotspot of conflict between Indonesian security forces and Papuan independence groups in recent years. In the briefing, Amnesty International documents how there…
The world’s largest archipelago with over 17,000 islands, Indonesia is wild. Scattered like pearls along the line of the equator, it is made up of active volcanoes, dramatic mountain ranges sheltering untouched tribes, and vast swathes of rainforest. It is also beautiful, with neatly-terraced hillsides, pristine beaches and some of the best diving in the world. Best of all, it is available at a bargain-basement price – one of the world’s least expensive destinations, where your travel money travels furthest and buys more. The only problem is where to go. The island Java has the capital city, Jakarta, but also…
The Singapore Business Federation (SBF) with the support of Enterprise Singapore has posted a call for Interest for an Overseas Market Workshop (OMW) to Indonesia to gather information, insights and connections into its Education and Technology (E&T) sector THE OMW is scheduled from 29th July to 2nd August 2024 and among its programme objectives include:– Meeting E&T experts and local government agencies in this sector– Visiting leading E&T companies, innovative schools and tech hubs– Explore funding opportunities to support your E&T initiatives and collaborations in the market– Showcase innovative E&T solutions by participants in a pitching competition, with the opportunity…
Medan, Indonesia – Indonesia’s Chinese-funded high-speed train service has been delayed for the second time in less than a month, in the latest setback for the project plagued by cost overruns and local scepticism. The trial launch of the $7.3bn Jakarta-Bandung high-speed service, scheduled for Friday, will not go ahead as planned, a spokesperson for the project said. “Not yet. We are still awaiting a decision from the Ministry of Transportation,” the spokesperson said on Tuesday. The China-funded project, which is being overseen by the PT KCIC consortium of Indonesian and Chinese state firms, was originally slated for completion in…
The 20-plus orangutans we saw were in the various stages of rehabilitation, some on protected islands after a three to 10-month programme where they’re taught to socialise, climb trees, build nests and hunt; survival instincts never learnt while being illegally kept in captivity. Once living independently, they’re moved to another island before a monitored release into the wild. My journey, which began after a two-hour flight from Jakarta to Palangka Raya in Central Kalimantan, was the result of a new collaboration between Indonesia expedition cruise operator, SeaTrek Sailing Adventures, and Wow Borneo, which pioneered trips in search of orangutans aboard traditional…
TEMPO.CO, Jakarta – Minister of Communication and Informatics Budi Arie Setiadi said Indonesia was ranked 10th globally as the most targeted by cyber attacks. Budi cited a ranking carried out by the antivirus software company, Kaspersky.“Our country, Indonesia, is ranked 10th in the world as the most targeted country for cyber attacks. Kaspersky conducted the ranking in real-time,” said Budi Arie on Wednesday, July 24, 2024, as quoted from a written statement.Budi Aie attended the National Cyber and Crypto Agency (BSSN) launch for a Cyber Incident Response Team or Computer Security Incident Response Team (CSIRT) for 18 ministries, institutions and regional…