Key Points Subsidized Fuel prices were raised by 30% to battle swelling energy subsidies. The Indonesian government offers concessions to underprivileged households. Small businesses show concern about their profits and…
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Key Points The European Commission proposed an EU ban on products manufactured with forced labor on Wednesday (Sep 14). The proposal does not suggest the names of any specific countries.…
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Key Points Apple launched its latest smartphones and gadgets on Wednesday (Sep 7). The prices of the latest models noticeably resemble those of the most recent models, despite the inflation.…
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Key Points Bank Indonesia joined hands with the Monetary Authority of Singapore to create a cross-border QR code payment connection. Creators expect to launch the linkage in the second half…
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Key Points Indonesia increased the cost of subsidized fuel by an additional 30% on Saturday (September 3). Subsidized gasoline now costs 10,000 rupiahs per liter, and subsidized diesel costs 6,800…
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Key Points Indonesian economy suffered greatly from the COVID-19 pandemic. Indonesia plans to improve its economy through the National Economic Recovery program. The new program might challenge Indonesia’s goal to…
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Key Points Tesla Inc signed contracts to purchase Nickel products from Indonesia. The deal brings Indonesian producers 74.5 trillion rupiahs (5 billion USD). Indonesia hopes Tesla will establish an EV…
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Key Points Nikola Corp agreed to purchase Romeo Power Inc for US$144 million. The purchase will accelerate Nikola’s efforts to produce battery packs. Nikola will soon start developing its electrification…
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Key Points Tesla proceeded with a recruitment event in China on Thursday (Jun 09). The event will be held online starting from 7pm to recruit staff. This occurs amidst Elon…
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Key Points The Indonesian president announced the removal of the requirement for vaccinated travelers to provide a Covid-19 test. Indonesia eases COVID-19 regulations for travelers and new visitors from overseas.…
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Key Points China to tighten the supervision of live streaming platforms for underage users. Recently, China also imposed new regulations related to underage online gaming. According to experts, this decision…
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Key Points Indonesia started to restrict its oil exports from this week. This will further intensify the global food crisis. The export restriction will provide concession for the cooking oil…
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