• Developing an Electric Vehicle Ecosystem in Indonesia; Integrating the Upstream & Downstream Sectors

    Developing an Electric Vehicle Ecosystem in Indonesia; Integrating the Upstream & Downstream Sectors

    Over the past years we have mentioned on several occasions that the electric vehicle is the automotive industry’s future thanks to three key inter-related circumstances: (1) recent rapid technological developments that allow the electric vehicle battery to be more energy efficient, (2) the world’s eagerness to move away from fossil fuels toward renewable energy, and (3) rising political support for the development of an efficient and conducive regulatory ecosystem for the electric vehicle industry.

    Lanjut baca ›

  • Trade Balance of Indonesia: Impact of Palm Oil Export Ban Felt Heavily in May 2022

    Trade Balance of Indonesia: Impact of Palm Oil Export Ban Felt Heavily in May 2022

    As expected, Indonesia’s export performance was heavily disrupted by the palm oil export ban (that was imposed by the Indonesian government between 28 April and 23 May 2022 to stabilize the domestic cooking oil prices). Compared to the previous month, exports of animal/vegetable fats and oils (which include palm oil products) tumbled by a whopping USD $2.1 billion in May 2022.

    Lanjut baca ›

  • Indonesia’s Age-Old Energy Subsidy Dilemma; Government Adds USD $20 Billion to 2022 Budget

    Indonesia’s Age-Old Energy Subsidy Dilemma; Government Adds USD $20 Billion to 2022 Budget

    The Indonesian government’s energy subsidy spending has always been a topic of controversy. By keeping fuel and electricity prices low the central government aims to support the Indonesian people as well as the micro, small and medium enterprises (MSMEs) as – indeed – poverty remains a big problem in Indonesia; a country where nearly ten percent of the population lives below the national poverty line (which is 26.5 million individuals in absolute terms).

    Lanjut baca ›