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Michelle Limenta (The Jakarta Post) PREMIUM Jakarta   ● Mon, December 5, 2022 President Joko “Jokowi” Widodo signaled in September that Indonesia might lose the World Trade Organization (WTO) dispute against the European Union over its raw nickel export ban, reported Reuters , but the President also underlined that the ban served Indonesia’s economy well and would be extended to other raw materials regardless of the WTO’s decision. Around two months later on Nov. 30, the WTO finally published on its website the report from its dispute its panel, which found that Indonesia’s export ban on nickel and domestic processing requirements (DPR) were inconsistent with Article XI:1 of the General Agreement on Tariff and Trade (GATT). This article prohibits WTO members from introducing or maintaining any prohibitions or restrictions on exports and imports aside from duties, taxes and other levies. To justify its move inconsistent with Article XI:1, Indonesia had invoked the … [Read more...] about Will Indonesia’s appeal of WTO nickel dispute fall into a void?

Anna University, Chennai, has posted the Tamil Nadu Common Entrance Test (TANCET), 2023. Once decided, the new dates will be made available to the candidates on the official portal of the entrance test, tancet.annauniv.edu. The old schedule has been taken down from the portal by the authorities. According to the old schedule, the TANCET 2023, which is conducted for admissions into MBA, ME, MCA, MTech, and MArch, degree programs was slated to be held in February. On February 25, the TANCET exam for MCA, ME, M.Tech, and M.Arch was scheduled for the first shift. The MBA exam was scheduled for the second shift on February 25. Currently, there is no registration link or tentative date for the entrance exam. Anna University will initiate the registration process for TENCENT 2023 soon after the finalisation of new dates. After the registration link gets activated, candidates apply for the same must follow the steps mentioned below to register themselves: TANCET 2023: How to register? … [Read more...] about TANCET 2023: Anna University Postpones Exam, Revised Dates to be Announced Soon

The Symbiosis International (deemed) University released the admit card for the Symbiosis National Aptitude (SNAP) 2022 exam today. The hall ticket has been released for the entrance exam going to be conducted on December 10. Candidates who are registered for the exam can download their hall tickets from the official website snaptest.org. This year, SNAP entrance test is scheduled to be conducted on December 10, December 18, and December 23. The exam will be held for an hour (11 am to 12 pm) on all three days. In order to access the SNAP Test 1 Admit Card 2022 candidates will have to login to the official portal using their ID and password. SNAP Admit Card 2022: How to download Step 1: Visit the official website— snaptest.org Step 2: On the homepage, click on the scrolling link that reads ‘admit card live’. Step 3: You will be redirected to a new page. Step 4: Log-in using the required credentials. Step 5: Admit card will appear on the dashboard. Step 6: Download … [Read more...] about SNAP 2022: Symbiosis Releases Admit Card, Know How to Download Hall Ticket

Novia Xu and Salsabil Firdaus (The Jakarta Post) PREMIUM Jakarta   ● Tue, December 6, 2022 The COVID-19 pandemic struck in 2020, when we were rethinking and resetting how we do business and live. Sustainability started to become the next big thing everywhere. Major investors and organizations shifted their attention to not only consider profits in decision making, but also other non-financial benefits. In Indonesia, the trend picked up way before the pandemic began. The Indonesia Stock Exchange (IDX) and KEHATI Foundation launched the "SRI-KEHATI” (JKSRI) index on June 8, 2009. The index is an environmental, social and governance (ESG)-based portfolio index that consists of selected stocks with good ESG performance and in line with the United Nations’ Principles of Responsible Investment (PRI). The index is one of the four ESG-based indices IDX has issued in Indonesia so far and is among the highest-performance indices. The top-three constituents of SRI-KEHATI … [Read more...] about Anticipating the global convergence in ESG reporting framework

Kornelius Purba (The Jakarta Post) PREMIUM Jakarta   ● Tue, December 6, 2022 As a Javanese man President Joko “Jokowi” Widodo prefers to refrain from openly expressing his opposition to the Indonesian Democratic Party of Struggle’s (PDI-P) plan to nominate its chairwoman’s daughter Puan Maharani as its presidential candidate in the 2024 race. But his actions and statements show he does not want Puan to contest the election, perhaps because he believes it will be a suicidal act for the party and, also for his carefully crafted post-presidential plans. Jokowi will leave office in October 2024, but his approval rating is still high for a second-term president and his grassroots support remains strong. Several volunteer groups who supported his nomination in the 2014 and 2019 elections have vowed to support whichever presidential candidate he will endorse in 2024. Acting as pressure groups, they have organized gatherings to show off their power, in the presence of the … [Read more...] about Jokowi steps up opposition to Puan’s presidential ambitions

Monica Kappiantari (The Jakarta Post) PREMIUM Jakarta   ● Tue, December 6, 2022 Following the Group of 20 Summit in Bali last month, Indonesia will receive billions of dollars in pledges to accelerate its energy transition. For example, the donors led by the United States and Japan intend to mobilize an initial US$20 billion in public and private financing over a three- to five-year period through the Just Energy Transition Partnership (JETP), using a combination of grants, concessional loans, market-rate loans, guarantees and private investments. Many have kept an eye on the loan schemes and warned the Indonesian government to exercise caution when negotiating loan terms and conditions in order to avoid future financial burdens. However, grant design and content are rarely given enough attention. In comparison to the massive amounts of pledged loans and investments, grant amounts are typically much smaller. For example, the grant amount received by South … [Read more...] about Indonesia should focus on grants, not loans, for financing energy transition

The Consortium Of National Law Universities (CNLU) will release the admit cards for the Common Law Admission Test (CLAT) 2023 today, December 6. Candidates who registered for the law entrance exam will be able to download their hall tickets from the official website at consortiumofnlus.ac.in. As per the official schedule, candidates will also have to finalise their admission preferences to National Law Universities (NLU) tomorrow. The exam will be conducted on December 18 between 2 pm and 4 pm in the offline mode. The provisional answer key will be made available after the exam on December 18, while the final answer key will be released on December 24. Candidates can expect the test results to be out in the last week of December. Also read| SNAP 2022: Symbiosis Releases Admit Card, Know How to Download Hall Ticket CLAT 2023 Admit Card: How to download Step 1: Got to consortiumofnlus.ac.in Step 2: The admit card link will be available on the home page. Click on it and … [Read more...] about CLAT 2023 Admit Card Today at consortiumofnlus.ac.in, Check Steps to Download

Vincent Fabian Thomas (The Jakarta Post) PREMIUM Jakarta   ● Tue, December 6, 2022 Bank Indonesia (BI) has said its plans to establish a central bank digital currency (CBDC) will not disrupt existing banking and digital payment systems, as it seeks to elbow out cryptocurrencies and pave the way for cooperation with other monetary authorities. The central bank announced on Monday that it would not offer interest rates on the so-called “digital rupiah” to avoid creating “head-to-head” competition with financial products created by banks, namely savings and time deposits. BI sought to assure banks that the digital rupiah would not affect the liquidity required by the sector, as the currency would be similar to the physical banknotes that already existed in the financial system. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions … [Read more...] about ‘Digital rupiah’ won’t cut out banks, fintech, BI claims

Mamay Sukaesih (Bank Mandiri) (The Jakarta Post) PREMIUM Jakarta   ● Wed, December 7 2022 We forecast that the property sector will grow slightly more slowly in 2023. Total home and apartment ownership loans will grow by 7 percent in 2023, lower than the 7.3 percent in 2022. The property sector in 2023 will face several challenges amid the recovery process. The property sector will face some risk factors in 2023. The first risk factor is a global economic recession, which will affect the domestic economy. It could lead to a decrease in consumer confidence, which in turn causes people to put off buying property. This situation was also demonstrated by Bank Indonesia’s (BI) consumer survey in October, which showed the proportion of respondents who had a plan to allocate excess income in the next 12 months for investment in property declined from 13.49 percent in September to 12.65 percent in October. Moreover, the proportion of respondents who planned to buy or build a … [Read more...] about Challenges amid recovery for Indonesian property sector in 2023

Ossian Shine (Reuters) (The Jakarta Post) PREMIUM Doha   ● Wed, December 7 2022 An irrepressible, irresistible Brazil lit up the night sky on Monday with one of the best performances of the World Cup so far to shred South Korea 4-1 and set up a quarterfinal clash with Croatia. The Brazilians brought a beach soccer swagger to the iconic Stadium 974 with a display that simply overwhelmed the Koreans and likely struck fear into potential opponents. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs Subscription to our newsletters We accept Register to read 3 premium articles for free Already subscribed? login Or let Google manage your subscription … [Read more...] about Imperious Brazil smashes Korea 4-1 to reach quarterfinals