Indonesia to Buy Five Transport Aircraft from Lockheed Martin
In September 2021, the Indonesian Air Force (TNI-AU) confirmed plans to buy five Lockheed Martin C-130J Super Hercules tactical transport aircraft. Moreover, several newspapers reported that construction of the first aircraft is already underway. Industry sources...
Record High Exports and Trade Surpluses in August Indicate Economic Recovery for Indonesia
In August, Indonesia’s exports hit a record high of USD 21.42 billion, boosted by surging commodity shipments, helping Southeast Asia’s biggest economy post its largest-ever monthly trade surplus. Additionally, from January to August 2021,...
Indonesian Government Shows Support for Australia-Asia PowerLink Energy Infrastructure Project
In September 2021, Indonesia’s Coordinating Ministry for Maritime and Investments Affair announced its support for Sun Cable’s Australia-Asia PowerLink, one of the world’s largest renewable energy infrastructure projects. The project, which costs over AUD 30 billion,...