CALLIGRAPHY ART USINGSHOT GLUE

By watching YouTube tutorials, A young man in Tulungagung, East Java has successfully started a calligraphy business using shot glue.

His calligraphy works are now valued in the tens of millions of rupiah and are sought after by customers from overseas countries.

INDONESIAN MARKET ANALYSIS

The Indonesian composite index (IDX) fell 0.33% on Wednesday (19/1), marking the IDX's third consecutive day of losses.


To get an overall sense of the Indonesian stock market’s performance this week, we discussed further with market analyst, Aline Wiratmaja.

INDONESIA’S TOURISM SECTOR ON A POSITIVE TREND

The tourism sector in Indonesia saw positive recovery in the fourth quarter of 2021, with a significant increase in tourists to many of the country's most popular destinations. 

INDONESIA’S ECONOMIC TRANSFORMATION

Despite the ongoing COVID-19 pandemic, Indonesia's president, Joko Widodo, has stated that the country's transition to a more added-value industrial, green and digital economy will continue in 2022. 

Meanwhile, the Indonesian government will launch an IDR 451 trillion economic recovery program in 2022.

INDONESIA AIMS FOR 15.7% CLEAN ENERGY MIX

The Indonesian government is aiming to increase the proportion of renewable energies in the country's total energy mix to 15.7% by 2022. 

The government intends to accomplish this by directing US$3.9 billion in investments into the renewable energy sector.

REVIEW OF INDONESIA’S ECONOMIC CONDITION IN 2021

The Indonesian Central Bureau of Statistics announced that Indonesia had once again recorded a trade surplus in December 2021. Furthermore, the poverty rate also declined to 9.71% in 2021.

We discussed further with Bhima Yudhistira, the director of CELIOS.

POTENTIAL OF NFT IN INDONESIA

The Indonesian Association of Crypto Asset Traders believes that the success of 'Ghozali Everyday,' a young student who earned over a billion rupiah by selling his selfies as NFTs, has demonstrated the crypto industry's enormous economic potential.