Tag: Indonesia
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Plastic pollution credits could be the new carbon offsets
Humanity has produced over 9.5 billion metric tons of plastic. That’s over one metric ton, aka 2,200 pounds, per each of the Earth’s 7.9 billion inhabitants. That plastic doesn’t go away. “All the plastic we’ve ever produced since the inception of the material is still here,” said David Katz, Founder and Chairman of Plastic Bank,…
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Monsoon rains force halt in Indonesia quake rescue efforts
Residents move to a safer place after a 3.9-magnitude aftershock in Cugenang, Cianjur on November 23, 2022, following a 5.6-magnitude earthquake that hit the area on November 21.(Photo by ADEK BERRY / AFP) (Photo by ADEK BERRY/AFP via Getty Images) Adek Berry | Afp | Getty Images Searchers in Indonesia on Wednesday rescued a 6-year-old…
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Hong Kong retains spot as most expensive business destination in Asia
Hong Kong has been named the most expensive location in Asia for business travelers — for the second year in a row, according to a new report. ECA International’s latest Daily Rates research ranked countries based on costs for short trip expenses: four-star hotel rooms, meals, laundry, alcoholic and soft drinks, journeys by taxi and…
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Tips from eFishery founder Gibran Huzaifah on running a profitable start-up
Indonesian Gibran Huzaifah Amsi El Farizy is no stranger to the start-up world. While he was still a college student, Farizy started his own fish-rearing business — and by the time he graduated in 2012, he was managing 76 ponds. Now at 33, Farizy runs Indonesia-based startup eFishery, which developed products such as automatic feeders…
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Does being a digital nomad save money? It depends on where you go
Sipping a cold pint of beer in Budapest can cost $2. Dinner for two in a pub in Prague? About $22. And a month’s rental for a sleek studio apartment in the center of the Portuguese city of Porto can set you back $650. With these sorts of living costs, it’s no surprise that many are…
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Indonesia says economy is more resilient to absorb inflation shocks
Indonesia is taking steps to make its economy more resilient so it can withstand global shocks like inflation, especially from the United States, said Finance Minister Sri Mulyani Indrawati. As the world’s largest economy, what the U.S. does has strong implications worldwide, including Indonesia, said the minister. To fight inflation, the U.S. has hiked interest…
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How to earn money and pay to travel full time: one couple explains
Most people have a travel bucket list, perhaps with 10 to 15 countries. For this couple, it’s all 195 — and they’re more than halfway there. Hudson and Emily Crider have visited 112 countries, but their journey together began long before that. Both are from the “same small town” of Lancaster, Pennsylvania. They met in…
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Indonesia’s GoTo lost almost 70% of its valuation since its April IPO
A GoTo logo seen displayed on a smartphone screen and in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Indonesia’s GoTo Group has lost 68.5% of its initial value of 400 trillion rupiah ($28 billion) since its initial public offering in April. While the stock has ticked lower most of the…
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Why Australian travellers returning from Bali with dirty thongs could spread foot-and-mouth disease
Australians returning home from Bali could be forced to throw away their dirty thongs amid fears a devastating livestock disease could spread locally for the first time in 150 years. Biosecurity officers are now boarding planes arriving from Indonesia to warn incoming passengers about the risks of foot-and-mouth disease, which the federal government estimates could cost…
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Indonesia’s 2022 GDP growth races to a 9-year high on resource boom
Indonesian rupiah notes. Adek Berry | AFP | Getty Images Indonesia’s economic growth climbed to its strongest in nine years last year fueled by revived spending from the lifting of pandemic restrictions and as a global commodity boom sent exports to a record high. Southeast Asia’s largest economy gained from high global commodities prices in…