BYD’s cutting-edge battery technology breakthrough is shaking up Indonesia’s nickel cartel ambitions, challenging the country’s plans to dominate the global electric vehicle supply chain, Asia Times reports
Indonesia’s Currency Crisis: How Fossil Fuel Dependence and Subsidies Are Driving Economic Turmoil
Published on :Indonesia’s currency crisis is fueled by its heavy reliance on fossil fuels and expensive subsidies, warns the Centre for Research on Energy and Clean Air. The organization calls for urgent reforms to stabilize the economy and slash emissions
Bank Indonesia Lowers Foreign Currency Purchase Limit to $10,000
Published on :Bank Indonesia has slashed the foreign currency purchase threshold to just $10,000, stepping up efforts to tighten capital controls and bolster the rupiah’s stability amid ongoing global economic uncertainties, the central bank announced Monday
US-Indonesia Trade Deal Faces Threat of Collapse
Published on :The US-Indonesia trade deal is on the brink of collapse as tensions rise over tariffs and market access, sources reveal to the Financial Times. Negotiations have hit a standstill, with both parties locked in a battle for key concessions