Given the intensity of the China-US rivalry and the upcoming presidential election in Indonesia, President Jokowi has seemingly changed his strategy temporarily so as not to be distracted by BRICS issues. However, Jokowi is still determined to make Indonesia a strong country, says ISEAS academic Leo Suryadinata.
Indonesia
Politics
Unhappiness among villagers in Rempang, close to Batam island, has led to riots in Batam City and threatens existing and future foreign investment. A small but diminishing window exists in which the local and central governments can improve their approach towards convincing residents of the need to relocate for a better future.
Politics
Surveys show that the elite’s opinion toward China diverges with those of citizens in Singapore and Indonesia. Elites tend to weigh long-term geopolitical strategies and have more access to information, but increased citizen engagement will enhance foreign policy.
Economy
TikTok is set to pour US$12.2 million over the next three years into supporting more than 120,000 small businesses and entrepreneurs in Southeast Asia, as it pushes into the e-commerce business in the region. However, it will not be smooth sailing as TikTok will need to contend with regional e-commerce titans GoTo, Shopee and Lazada.
Politics
Coming to the end of his second term, Indonesian President Jokowi is still enjoying influence in Indonesian politics, with analysts believing that whoever he endorses will end up the winner in the presidential election in February 2024. How critical will the Chinese Indonesian vote be? ISEAS academic Leo Suryadinata explains.
Economy
Chinese venture capital funds are flocking to Southeast Asia in search of the next Alibaba and ByteDance. However, given the market’s nascent stage, along with the Chinese funds’ preference for Chinese-affiliated enterprises, options are limited. Liu Sha looks into the challenges these Chinese funds face in finding success in Southeast Asia.
Society
If languages and cultural practices are disappearing fast in the indigenous communities of Borneo to the Chinese community in Penang and elsewhere, can digital technology and AI play a bigger role to document pieces of our identity that can be preserved beyond time and space?
Economy
Indonesia's Chinese investment-dominated nickel industry: Social and environmental safeguards needed
Acknowledged as a key industry in the National Mid-Term Development Plan 2015-2019, Indonesia's nickel industry has witnessed significant investments, especially from China. While the industry faced a boom from the Russian-Ukraine conflict and the easing of China’s zero-Covid policy, the unchecked growth of Class 2 nickel production from Indonesia could cause oversupply in global markets and suppress the commodity’s price. In crafting new policies, Indonesia must also prioritise stronger social and environmental safeguards.
Politics
Much has been said about BRICS potentially expanding its membership to countries such as Argentina, the United Arab Emirates, Algeria, Egypt, Bahrain and Indonesia. Indonesian academic Siwage Negara explains the draw of joining BRICS from Indonesia’s perspective.