Bank Indonesia Cuts Benchmark Interest Rate

Jakarta Globe is reporting that Bank Indonesia (BI) has cut its benchmark interest rate by 25 basis points to 6 percent, following a review of inflation forecasts and the strengthening rupiah. The central bank also lowered the deposit facility rate to 5.25 percent and the lending facility rate to 6.75 percent during its meeting on September
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Supporting Facilities Needed to Attract Clean Energy Investors

Speaking at the Leaders Forum: “Towards a Green Indonesia” on Tuesday (17/9/24,) Indonesia’s Investment Minister, Rosan Roeslani, said that supporting facilities and governance are necessary to attract foreign investors to put their money in the country’s renewable energy sector, according to reporting from Antara News. “For them to invest, one of the top priorities is sustainable
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Russia Ready to Offer Indonesia Nuclear Power Plants

According to reporting from Tempo, Russia’s state-owned nuclear company, Rosatom, has announced in Russian media, Sputnik, that they are ready to offer large and small capacity nuclear power plants (NPPs) to Indonesia. “As for the energy technologies that we are ready to offer Indonesia for the development of joint projects in nuclear energy, we can talk about
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Indonesia, UK sign MoU on Green Economy

Antara News is reporting that Indonesia’s Minister of National Development Planning (PPN), Suharso Monoarfa, and British Minister of State for Development, Anneliese Dodds, signed a memorandum of understanding (MoU) on sustainable development and the green economy in Jakarta on Tuesday (17/9/24.) “The main focus here is the Sustainable Development Goals (SDGs),” Monoarfa said. “We are
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