Tag: Indonesia
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How Steven Guo knows a business idea is worth pursuing
Steven Guo launched his first business when he was 12 — “basically by accident,” he says. That summer, he developed a Minecraft server and sold in-game perks to players. He ended up making $10,000 within a few months. While he admits he “blew basically all of my money” trying to start a game development company…
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Pinang Island is a private island that costs $1,000 per night
When Richard Kvech first set foot on Pinang four years ago, a dilapidated bungalow used by passing fishermen was the only sign of human life on the island. Kvech and three friends, all from the Czech Republic, slept in hammocks and cooked on the beach, while dreaming of creating an eco-retreat on the 50-hectare Indonesian…
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Global commodities’ biggest winners and losers this year
A farmer collecting grain from a combine harvester during the wheat harvest on a farm near Benfleet, UK, on Monday, Aug. 12, 2024. Bloomberg | Bloomberg | Getty Images The global commodities market has been volatile this year, with prices remaining largely elevated. Orange juice and cocoa futures surged to record highs in the first…
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Indonesia delays ratification of election law changes as protesters try to storm parliament
Demonstrators burn objects amid clashes outside the Parliament building in Jakarta on August 22, 2024 during a protest against a move to reverse the Constitutional Court’s decision altering eligibility rules for candidates in a key election later this year. Bay Ismoyo | AFP | Getty Images The ratification of changes to Indonesia’s election laws was…
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What is the best country to visit? One top traveler picks his top five
I’m often asked: “What is your favorite country to visit?” For an avid adventurer, it’s a confounding question. How to distill culture, vibes, food, scenery, and all the other factors that shape the international travel experience? Identifying the nations I have explored in depth over multiple visits — popular places like Turkey, Nepal, South Africa…
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Philippines surpasses China to be most dependent on coal-generated power
Coal-fired power plants in Mariveles, Bataan, the Philippines, on June 6, 2023. Bloomberg | Bloomberg | Getty Images The Philippines’ dependency on coal-fired power surged 62% last year, overtaking China, Indonesia and Poland, according to London-based energy think-tank Ember. The Philippines was also the most coal-dependent country in Southeast Asia in 2023, as adoption of…