Tag: Indonesia
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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…
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From Indonesian coffee stall to making $100 million/year
In college, Edward Tirtanata had a brewing love for coffee, so much so that he’d order “one huge cup” every day from either Dunkin’ Donuts or 7-Eleven. Today, the 35-year-old CEO and co-founder of venture-backed unicorn coffee company Kopi Kenangan, still has his cup of joe daily — except that he’s upgraded it to three…