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The World Trade Organization’s dispute settlement body (DSB) viewed that Indonesia’s ban on the export of nickel ore had violated the regulations. Nevertheless, the Indonesian government is determined to lodge an appeal against the DSB’s decision and continue the plan to downstream the nickel processing domestically. The government’s decision to appeal is in line with...
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In this edition, the LPEM Newsletter will discuss post-T20 Summit webinar activities entitled “LPEM FEB UI’s Contribution to Indonesia’s T20 to Promote Sustainable Global Economic Recovery through the G20 Forum”. In addition, this edition also summarizes the activities of the Indonesia Economic Outlook 2023 press conference entitled “Rising Against The Odds”. Finally, two opinion editorials...
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Author : Bisuk Abraham Sisungkunon, Atiqah Amanda Siregar,  and Wildan Al Kautsar Anky Executive Summary Municipal solid waste (MSW) management remains a challenge in in Pekanbaru. To avoid the negative externalities associated with improper waste disposal, the development of waste-based power plant (or PLTSa), including through incineration technology, is increasingly viewed as an attractive option....
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The momentum for economic recovery and government policies to stimulate the economy regularly have positively impacted several labor market indicators. In August 2022, BPS recorded an increase in labor force participation and wages for formal workers. This improvement should continue to be a motivation for further improving labor conditions as part of improving people’s welfare.
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Although easing due to lower food prices, inflation is still far above BI’s target range at 5.95% (y.o.y) in October 2022, following the increase in subsidized fuel prices in early September 2022. On top of that, Rupiah continued to depreciate to IDR15,487 per US Dollar in mid-November. Globally, the Fed is expected to continue its rate hike rally...
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In 2018/2019, the world produced and ground 4.7 million tonnes of cocoa beans, with around 1.7 million tonnes in stock (ICCO, 2021). These beans are processed into cocoa liquor, butter, cakes, and powders to be used by other sectors. The confectionery industry is the largest consumer, consuming 43% of the world’s cocoa consumption in 2017 (Eghbal, 2018); other notable consumers are food...
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Based on Directorate General Plantation, Indonesia is able to produce up to 48 million tons of crude palm oil (CPO) in 2018 and it is predicted to reach 50 million tons of CPO in 2021 (see Figure 1). In other words, Indonesia has great potential to develop palm-based biofuel products. The potential of CPO can not only benefit Indonesia economically but also...
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