eyesonindonesia 1. The BRICS Invitation: A Polite Decline Indonesia recently stood at the crossroads of opportunity. The club of emerging economies, known as BRICS (Brazil, Russia, India, China, and South Africa), extended an invitation. Yet, with grace and strategic foresight, Indonesia politely declined. Why? Because it recognizes that its national interests lie elsewhere. 2. The…
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Bio-economy First eyesonindonesia Amsterdam, 28 march 2024 — Presidents Luiz Inácio Lula da Silva and Emmanuel Macron launched Tuesday in Belém a € 1 billion investment bioeconomy program for the Brazilian Legal Amazon as well as for the part of the Amazon within French Guiana to raise funds through public and private investments over the next…
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eyesonindonesia 1. A Skyward Vision In a bold stride toward the future of urban air mobility (UAM), Indonesia has set its sights on Embraer’s cutting-edge electric vertical takeoff and landing (eVTOL) aircraft. These sleek, sustainable vehicles promise to revolutionize transportation, whisking passengers above traffic-clogged streets and into the skies. But what exactly has Indonesia ordered,…
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And the possible resurrection East-Timor Part II Nick Morris / eyesoneast-timor The people of Timor-Leste have lived on the island for over 40,000 years. The first elephant, Portugal, saw them as a source of slaves and then colonized, waging war against local kingdoms and killing around 5 percent of the local population. Even as an overseas province,…
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Introduction The Democratic Republic of Timor-Leste consists of the eastern part of the island of Timor, plus the nearby islands of Alauro and Jaco, with Dili as its capital city. Cultural remains at Jerimalai, on the eastern tip, have been dated to 42,000 years ago (Marwick et al. 2016). Descendants of Veddo-Australoid people are still…
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Nicholas Morris / eyesonindonesia The recently-published Indonesian Long-Term Development Plan (RPJPN) sets ambitious targets for Indonesia in 2045, under the heading “(Golden) Indonesia EMAS”. The plan is to achieve per capita income equivalent to that of developed countries (around US$3,000); eradicate poverty and reduce inequality; increase the influence of Indonesia in the international arena; enhance…
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eyesonindonesia Surabaya, March 8th 2024– As a young boy growing up in Palembang, East Sumatra, Indonesia, Kaharuddin Salamun, had his dreams, of course. He also had the urge of seeing the world and bringing changes in what he was going to do later in life. He now is the General Manager of the Majapahit hotel…
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Implications for the US Dollar Dominance eyesonindonesia 1. Introduction In a surprising move, Wells Fargo has entered the Iraqi Dinar market, signaling a potential shift in the global currency landscape. As the Dinar gains prominence, questions arise about its impact on the long-standing dominance of the US Dollar. In this article, we explore the consequences…
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eyesonindonesia 1. Introduction The collapse of Evergrande, China’s second-largest real estate company, has sent shockwaves through global markets. As investors grapple with the uncertainty surrounding Evergrande’s debt crisis, it’s essential to examine how this situation might impact Indonesia’s stock market. In this article, we delve into the economic consequences and potential ripple effects. 2. Evergrande’s…
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eyesonindonesia The shifting landscape of global finance offers unique opportunities for nations like Indonesia. Russia’s proposal for a BRICS Blockchain-based payment system paves the way for streamlined trade and greater economic integration with a powerful economic bloc. Could this be Indonesia’s gateway to enhanced cooperation with the BRICS nations and solidify its position as a…
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