VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Japanese Prime Minister Fumio Kishida attends a bilateral meeting with Kenyan President William Ruto at the prime minister's office in Tokyo, Japan, Thursday, Feb. 8, 2024. Shuji Kajiyama/Pool via REUTERS/File Photo - 

Voinews, Tokyo - In a world first, Japan auctioned sovereign climate transition bonds on Wednesday although the bonds met with slightly weaker-than-expected demand.

Quioted from CNA News, Climate transition bonds are a relatively new class of bonds which aim to fund shifts by companies, or in this case a government, to having a lesser impact on the environment.

They are distinct from green bonds where the proceeds are earmarked for a specific project or are focused on the profile of the issuer.

The sale of 800 billion yen ($5.3 billion) in 10-year transition bonds was the first in Prime Minister Fumio Kishida's plan to sell 20 trillion yen of climate bonds over the next decade to help the nation with its goal of cutting greenhouse gases to zero by 2050.

The proceeds are expected to go towards projects such as low-cost wind power generators and airplanes that use alternative fuels.

The bonds were priced to yield 0.74 per cent on Wednesday, with pricing somewhat lower than expected. Yields on the bonds were 0.655 per cent a day earlier in the so-called "when-issued" market, which is a market for securities yet to be issued. Yields on bonds move inversely to prices.

"I would say expectations prior to the auction were too high. Still the yield on climate bonds was little lower than the yield for 10-year JGBs, which means the bonds enjoyed a premium," said Keisuke Tsuruta, a fixed income strategist at Mitsubishi UFJ Morgan Stanley Securities.

Regular 10-year Japanese government bonds were yielding 0.755 per cent on Wednesday.

Japan's finance ministry plans to sell 800 billion yen of five-year transition bonds on Feb. 27, which will be followed by 1.4 trillion yen of transition bonds in the fiscal year starting in April//(CNA-VOI)

Chinese President Xi Jinping and Solomon Islands Prime Minister Manasseh Sogavare shake hands at the Great Hall of the People in Beijing on Jul 10, 2023. (File photo: Reuters/cnsphoto) - 

Voinews, SYDNEY - Solomon Islands is expected to next week call a national election for April, with China security ties emerging as a key issue as political parties launch campaigns in the Pacific Islands nation.

Quoted from CNA news, Prime Minister Manasseh Sogavare switched diplomatic ties from Taiwan to China soon after the 2019 election that brought him to power, later forging a security pact with Beijing that alarmed Washington and Canberra, and set off a race for influence in the strategically located Pacific Islands.

A prominent opposition party figure, the United Party's Peter Kenilorea, said he wanted the China security pact reviewed, and would also seek to re-establish diplomatic ties with Taiwan, the Solomon Star newspaper reported on Wednesday (Feb 14).

Opposition leader Matthew Wale said at a campaign launch for a coalition of democratic parties on Wednesday that a referendum could be held to decide the country's relationship with China.

"China is a superpower both militarily and economically, and there is much also to be gained from a relationship with China ... We need to see what our national interest is," Wale said at the livestreamed event.

He criticised Sogavare for not consulting the provinces before switching ties to China, which led to the largest province, Malaita, refusing to cooperate with Beijing for several years.

"The possibility of a referendum is a very real possibility to decide it once and for all," Wale said.

At his campaign launch, Sogavare pointed to the Pacific Games held in Honiara, with stadiums donated by China, as a major achievement.

His party pledged to "strengthen the relationship with China through a 'look North' foreign policy while nurturing ties with other traditional partners such as Australia", a statement said.

The election will officially be called by the country's governor-general on Feb 20.

Wale said Apr 17, expected to be the polling date, was "a day for accountability", after Sogavare had "prioritised Pacific Games over medicines".

Honiara's operating theatres leaked in the rain and patients slept on the floor at the hospital, he said.

In his campaign speech, Wale was critical of "elite capture".

"We have a government that is not controlled by Solomon Islanders ... A government that receives money to make sure that the status quo continues," he said.

Wale did not name China in the speech, but the Prime Minister's Office previously confirmed China had provided US$2.49 million for a fund spent at Sogavare's discretion, with payments made to 39 out of 50 lawmakers.

Sogavare's office has previously rejected claims the money was used to maintain power//(CNA-VOI)

Farmers gather along a highway blocked by police as they try to march towards India's capital (Photo: AFP/Shammi MEHRA) - 

Voinews, India - Indian riot police fired tear gas on Wednesday (Feb 14) at columns of farmers on tractors seeking to breach heavily guarded roadblocks and march on the capital to demand guaranteed crop prices.

Farmers in India this week launched the "Delhi Chalo", or "March to Delhi", in an echo of January 2021, when they broke through barriers and rolled into New Delhi on Republic Day during a then year-long protest.

But this time around, the lines of hundreds of tractors have been stalled by fearsome barricades of concrete blocks and lines of razor wire.

Quoted from CNA news, the farmers are demanding a law to fix a minimum price for their crops, in addition to a clutch of other concessions including waiving loans.

Tear gas was fired at Shambhu, about 200km north of the capital on the border between Punjab and Haryana states where the main group of farmers has been stopped, AFP reporters at the scene said.

"The police are treating us as if we have come from an enemy country," said Mohan Singh, a 65-year-old farmer from Punjab's Kapurthala district, some 415km by road from Delhi.

"All we want to do is go to Delhi and ask for our rights, but more than 150 of us have been injured."

Haryana state police said in a statement on Tuesday night that "heavy stones" were hurled at police and 24 officers had been hurt.

Farmers in India have political influence due to their sheer numbers, and the renewed protests come ahead of national elections likely to begin in April.

Two-thirds of India's 1.4 billion people draw their livelihood from agriculture, accounting for nearly a fifth of the country's GDP, according to government figures.

After first deploying tear gas on Tuesday, police fired fresh barrages on Wednesday, including dropping canisters from the air by drone as tractor-driving farmers tried to open the road by dragging barricades away.

"We are just waiting for the green signal from our leaders," said Santokh Singh, 65, from Ludhiana in Punjab. "Once that comes, we will break all the barriers."

But farm union leaders used microphones to call for restraint from supporters.

"We will win this battle and go to Delhi," one of them shouted. "But we cannot afford to get carried away."//(CNA-VOI)

Friendly Environment Polling Station in Bandung;photo : Daniel/VOI - 

Voinews, Bandung - Wednesday, February 14 2024 will be the momentum for the democratic party in Indonesia. The excitement of the five-yearly election of national leaders and people's representatives takes place in various regions, including Bandung.

There is something unique about Voting Place (TPS) 25 Gang Liogenteng, Astana Anyar, Bandung city. The TPS, which compiled 269 Permanent Voter Lists (DPT), succeeded in stealing the attention of the public and media.

This is because the voting location was decorated with knick-knacks from processed waste such as bottle caps, mineral water wrappers, coffee wrappers, and others. 

As soon as voters enter the voting room, guests will be asked to fill out an attendance list at a table covered with woven plastic waste.

Voters walked on a red carpet made of coffee wrappers that extended to the voting booth. The TPS 25 signage above the words Waste Bank is made from plastic bottle caps, right next to the fountain and plant pots which are all made from used mineral water packaging.

Chairman of TPS 25, Sandi, said that the creative idea for waste processing was also related to the existence of a Waste Bank in Nyengsret Village, Astana Anyar District, Bandung.

"Incidentally, since July, the Nyengsret sub-district has been implementing it, and has opened its own Waste Bank, before the waste emergency in the city of Bandung, that's why this is also an initiation, rather than buying decorations, it's better if we use existing waste," said Sandi to VOI at location of TPS 25 Bandung.

The aim of waste-based decoration ideas is to make people, especially voters, more aware of sorting and recycling so that they have marketability.

"The aim is to make people more aware, to actually sort the waste because maybe after looking at it like this, the waste could be useful and could have selling value," added Sandi.

Through innovative waste-based decorations, TPS 25 succeeded in attracting voter participation, "Thank God, up to now we have almost 75 percent of the 269 (DPT) 200 voters, just a little more, thank God," concluded Sandi when met at the last minute. final election at TPS 25//(DAN-VOI)