VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

VOInews, Rio de Janeiro: The Indonesia-Brazil Business Forum at Copacabana Palace, Rio de Janeiro, marked a significant milestone with the signing of a Memorandum of Understanding (MoU) between business players from both countries. The cooperation, valued at USD 2.8 billion, spans across critical sectors such as finance, digital technology, mining, energy, livestock, and aerospace.  

Coordinating Minister for Economic Affairs Airlangga Hartarto, who witnessed the signing, emphasized the importance of the partnership. “This collaboration reflects the growing trust and synergy between Indonesian and Brazilian businesses, paving the way for robust economic ties,” he stated.  

Prabowo: Shared Vision for Strategic Development

President Joko Widodo, attending the event, underscored Indonesia's commitment to fostering closer economic cooperation with Brazil. He highlighted the shared attributes of both nations, including large populations, abundant natural resources, and a dynamic culture.  

“Brazil’s advancements in industrial development serve as an inspiration for Indonesia. We aim to catch up and leverage our strengths to support sustainable growth,” President Prabowo remarked.  

He called for intensified cooperation in key sectors such as energy, food security, industrial development, and maritime affairs. In the energy sector, the focus is on renewable energy initiatives, particularly biofuels and ethanol. Meanwhile, food security efforts include increasing protein consumption through programs like *Program Makan Bergizi Gratis* (Free Nutritious Meal Program).  

Strengthening Fisheries and Aerospace Industry

As one of the top three countries with the largest fishery reserves globally, Indonesia still faces a significant shortage of around 40,000 large-capacity fishing vessels. To address this gap, President Prabowo proposed collaboration between PT Dirgantara Indonesia and Brazil’s Embraer to bolster the aerospace and maritime industries.  

“This partnership can enhance our capabilities in fisheries and support industrial growth that benefits both nations,” he added.  

Brazil: A Strategic Economic Partner

Brazil remains a key economic partner for Indonesia. In 2023, bilateral trade between the two nations reached USD 6 billion, with key commodities including palm oil, rubber, agricultural products, and meat.  

Minister of Finance Sri Mulyani Indrawati highlighted the significance of these ties. “Brazil and Indonesia’s complementary strengths create vast opportunities for mutual benefit, especially in addressing global challenges like food security and renewable energy,” she explained.  

High-Level Participation

The forum brought together prominent Indonesian officials, including Minister of Finance Sri Mulyani Indrawati, Minister of Foreign Affairs Sugiono, and Special Envoy for Climate and Energy Hashim Djojohadikusumo. Other attendees included Deputy Minister of Finance Thomas Djiwandono, Cabinet Secretary Teddy Indra Wijaya, Indonesian Ambassador to Brazil Edi Yusup, and KADIN Chairperson Anindya Novyan Bakrie.  

Through this landmark forum, Indonesia and Brazil reaffirmed their commitment to advancing economic cooperation across strategic sectors, positioning both nations as influential players in the global economy.  

Source: ekon.go.id

VOInews, Jakarta – Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) has reported that cryptocurrency transactions in the country reached an astonishing Rp475.13 trillion between January and October 2024. This figure marks an extraordinary surge of 352.89% compared to the same period in 2023, which recorded transactions worth Rp104.91 trillion.

Bappebti’s Head, Kasan, attributed this remarkable growth to the rising enthusiasm of Indonesians for digital asset trading. “Cryptocurrency trading has become one of the most favoured investment options among the public. This significant growth also underscores Bappebti’s role in fostering the development of Indonesia’s cryptocurrency ecosystem,” Kasan remarked on Thursday (21 November).

The number of cryptocurrency users has also risen substantially. As of October 2024, the total number of users reached 21.63 million, with 716,000 actively trading through Physical Crypto Asset Traders (PFAKs). The top-traded cryptocurrencies included Tether (USDT), Ethereum (ETH), Bitcoin (BTC), Pepe (PEPE), and Solana (SOL).

A Boost to State Revenue

Kasan highlighted that this rapid growth has directly benefited the state’s revenue. “From 2022 to October 2024, tax revenues from cryptocurrency transactions contributed Rp942.88 billion, showcasing the immense potential of this sector in bolstering the national income,” he explained.

Strengthening the Ecosystem and Promoting Literacy

To sustain this upward momentum, Bappebti has intensified collaboration with the Self-Regulatory Organisation (SRO), associations, and other stakeholders. This effort focuses on developing the cryptocurrency ecosystem, enhancing regulations, and improving public literacy.

“The public’s high enthusiasm for cryptocurrencies must be complemented by comprehensive education. This approach is crucial to ensuring protection, business certainty, and security in cryptocurrency trading,” Kasan added.

Young Generation Driving Market Growth

Data from Bappebti reveals that 75% of cryptocurrency users are young individuals aged 18-35. Bappebti’s Secretary, Olvy Andrianita, stressed the importance of literacy in supporting this trend. “The youth dominate the cryptocurrency market. Strengthening their financial literacy is essential to ensure they invest safely and wisely,” Olvy emphasised.

PFAKs Supporting Market Expansion

Meanwhile, Tirta Karma Senjaya, Head of the Bureau for Development and Supervision of Commodity Futures Trading, stated that seven companies are currently registered as PFAKs. These include PT Pintu Kemana Saja (Pintu), PT Bumi Santosa Cemerlang (Pluang), PT Aset Digital Berkat (Tokocrypto), and PT Kagum Teknologi Indonesia (Ajaib).

“Going forward, we hope that more companies currently operating as Candidate Physical Crypto Asset Traders (CPFAKs) will meet the requirements to become PFAKs, further strengthening the cryptocurrency trading ecosystem,” Tirta explained.

Bappebti recently issued Regulation No. 9 of 2024, updating the guidelines for cryptocurrency trading as part of its commitment to creating a more adaptive and robust market.

With exponential growth and widespread public interest, Indonesia’s cryptocurrency trading sector is poised to thrive further, solidifying the nation’s position as a significant player in the global market.

Source: Kemendag.go.id

Talkshow on the film Manual for the displaced at Erasmus Huis, Jakarta on Wednesday November 20th 2024. (Photo : rri.co.id) - 

VOInews, Jakarta : The  Dutch Cultural Center, Erasmus Huis presented the premiere of the film “Manual for the Displaced” by Robin Block and Jeremy Flohr, two artists of Indonesian-Dutch descent in Jakarta on Wednesday (21/11). The film tells the story of the Indonesian-Dutch diaspora by exploring various themes and cross-cultural entanglements. Robin Block in his statement pointed out that this movie is the result of a cross-cultural collaboration involving many artists, including from Indonesia.

”And also, for this film, we collaborated with many other artists. One of them are here. Both Indonesian artists. One of them is here. It's Dennis. There's one chapter. It's about Jakarta. So, we're quite excited and a little bit embarrassed as well to show it to actual Jakartans for the first time. So we hope you like it. And Dennis shot beautiful footage of his own city of Jakarta.” Robin said. 

Moreover, this collaboration not only enriches the work visually, but also provides an authentic local perspective. According to Robin, the Manual for the Displaced is a cultural bridge between Indonesia and the Netherlands that aims at encouraging the younger generation to better understand the history of both countries. (LIP/VOI/OFRA/AHM/EDT/Trans: AF)

KBRN, Jakarta: Minister of Communication and Digital Affairs Meutya Hafid, stated that the bilateral relationship between Indonesia and Oman is built on mutual respect and a shared goal for global peace.

"Indonesia and Oman have built a strong and meaningful relationship over more than four decades. For the past 46 years, our bilateral ties have been based on shared values of respect, mutual understanding, and a common desire to promote growth, peace, and prosperity," Meutya said at the 54th National Day Reception of the Sultanate of Oman in Central Jakarta, on Tuesday (19/11/2024).

Meutya also conveyed that the bilateral cooperation between Indonesia and Oman has evolved in the fields of politics, culture, and the economy.

"Our friendship has developed across various areas, not only in politics but also in cultural, economic, and social exchanges," she added.

In the political realm, Meutya highlighted that Indonesia and Oman have remained consistent in their commitment to creating peace and stability amid global dynamics and geopolitical tensions. She also mentioned that both countries are dedicated to fostering harmonious relations and promoting constructive dialogue. Indonesia and Oman continuously support each other in various international forums and organizations.

"I am also pleased that we have supported each other in international forums," she remarked.

Meutya emphasized that the strength of the Indonesia-Oman relationship lies in their ability to find common ground and focus on shared priorities. During the celebration, both countries reaffirmed their commitment to maintaining their friendship, based on trust and a shared vision for the future.