Indonesia's Widodo on a mission to safeguard progress


Mohamad Ali Harisi
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In the Bogor Presidential Palace south of Jakarta, the staff's faces reflect the calm energy of the 18th-century mansion, with warm smiles from the security personnel to the executive office.

President Joko Widodo is no different. Joking with his staff, he shares this tranquillity. Yet, his mind is racing: he wants to ensure that the reforms and changes his presidency has brought to Indonesia will continue after his term ends this year.

From foreign policy and climate change to the economy and the ambitious project of building a new capital, the leader of this vibrant nation of 280 million is on a lasting mission to forge strategic partnerships to strengthen the progress of his country, and safeguard his legacy.

The UAE, which President Widodo is visiting on Tuesday, stands as a key pillar in this journey.

We need burden sharing, not burden shifting
Indonesian president Joko Widodo

“The UAE is Indonesia’s strategic partner in the Middle East. Indonesia is also the UAE’s strategic partner in Asia. Therefore, the relationship between the two countries is complementary,” said Mr Widodo in an exclusive interview with The National at the historic palace, once a residence for Dutch governors during the colonial period.

“Moreover, I do have a close relationship with His Highness Sheikh Mohamed bin Zayed, strengthening our ties in political, economic and development sectors,” he said on the eve of his fourth visit to Abu Dhabi since he came to power in 2014.

Two years ago, the UAE and Indonesia signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at turbocharging bilateral trade to $10 billion within five years and promising to unlock the untapped potential of the halal economy. The pact came into force in August 2023.

Indonesia, the world's fourth-most populous country and the largest economy in South-East Asia, has significantly increased its trade value with the UAE under Mr Widodo's leadership. A decade ago, the non-oil trade value was much lower, but it has now risen to $4 billion.

The agreement also seeks to raise the combined value of trade in services between the two nations to $630 million by 2030.

Mr Widodo, the only Indonesian leader to emerge from outside the country's traditional political and military spectrum, is confident that this unique relationship will continue as he seeks partnerships in energy transition and investors for Indonesia's mega projects.

The leader said he looks forward to “seeing the partnership expand into new sectors like the clean energy and electric vehicles and also the new capital Nusantara” located in East Kalimantan on the island of Borneo.

“Nusantara reflects Indonesia's transformation through a new way of working and a new mindset that is smarter, greener and sustainable,” he said, adding that he has invited Emirati investors to visit the site.

Beyond what is written

Home to more than 30 million people in its greater area, Jakarta has long been impacted by flooding worsened by rising sea levels. However, it is not only the capital that faces these dangers; the archipelago is one of the most vulnerable regions in the world to the effects of climate change.

Mr Widodo called for a global commitment to fighting environmental threats.

“Developing Countries need the support from developed countries, including financing and also the technological transfer. And the 10 billion US dollar commitment to climate financing has yet to be implemented. Addressing climate change requires co-operation and commitment beyond what is written on paper.

“We need burden sharing, not burden shifting,” stressed the Indonesian leader known as President Jokowi.

Indonesian President Joko Widodo during an interview with the National at the Bogor Palace south of Jakarta
Indonesian President Joko Widodo during an interview with the National at the Bogor Palace south of Jakarta

The UAE and Indonesia are also united in the fight against climate change.

In May, it was announced work had begun on a new mangrove research centre in Indonesia, in collaboration with the UAE. Backed by the UAE's $10 million investment, the Mohamed bin Zayed-Joko Widodo International Mangrove Research Centre will be built on 2.5 hectares of land in Bali's Ngurah Rai Forest Park.

The park is already home to more than 1,158ha of mangroves and the research centre was first announced at last year's Cop28 climate change conference in Dubai.

Mr Widodo praised last year's climate conference, saying the “UAE has been successful in leading Cop28, and the team was very efficient in uniting and then acting and delivering".

"It has produced the first mechanism [ …] for climate action, and sustainable partnerships and solutions such as funding through the loss and damage fund."

Led by Minister of Industry and Advanced Technology and Cop28 President Dr Sultan Al Jaber, the climate conference ended on December 13 last year with a historic agreement known as the UAE Consensus in which close to 200 countries agreed to transition away from fossil fuels in global energy systems along with a huge expansion of clean energy.

The UAE is also set to host a crucial gathering in Abu Dhabi in November, ahead of Cop29 in Azerbaijan, that will seek to focus minds on how artificial intelligence can help in the fight against climate change.

For the businessman turned president, the energy transition shouldn’t be used as “justification to make discriminative policies that obstruct development”.

The same goes for food security, a global challenge intensified by the effects of climate change. Collaboration is crucial, requiring co-operation not only among governments but also within the private sector, said Mr Widodo.

In its long pursuit of partnerships to transform the nation's economy, the Indonesian leader has sought to diversify allies by looking for partners in areas such as the Middle East and Africa.

His strategy aims to broaden economic co-operation and foster development in sectors that are crucial for a nation that has the largest Islamic population in the world.

Competition and rivalry

That is not an easy task when conflicts around the world push to polarise the international community.

In the Middle East, China has bolstered its influence through economic ties and diplomacy, forming strategic partnerships with countries like Iran and Saudi Arabia. The US, which has long-standing alliances in the region, views this expansion with concern and aims to counterbalance it.

“Competition and rivalry are normal. What is important is that it must be managed properly to prevent open conflicts, because war and conflicts harm everyone. The US and China are both good friends of Indonesia. Indonesia implements an independent and active foreign policy, and that does not take sides,” said Mr Widodo.

He called for a “transformation based on the spirit of multilateralism and collaboration including by pushing for UN reform to regain international trust. International law must be upheld without discrimination, and cannot be a double standard”.

Asked if the G20 could be the best format for international governance amid the divisions and weaknesses of the UN Security Council, he said that it is not “the right forum to resolve political and security issues that fall under the UN. This is why a UN reform is urgently needed”.

One of the biggest conflicts causing division on the world stage is the current war in Gaza, where Israeli bombardments have killed more than 38,400 Palestinians since the Hamas attacks on October 7 that killed about 1200 Israelis. The ravaging war in the besieged Palestinian territory has drawn condemnation around the globe, with countries calling for an immediate ceasefire to stop the bloodshed.

“The real cause of the Palestinian issue is the Israeli occupation,” stressed Mr Widodo.

“The root cause is there. That can only be resolved if the root cause is resolved: an independent Palestine. Therefore, Indonesia continues to push for a two-state solution and a full membership for Palestine in the UN.

“We need to immediately ensure a ceasefire and then the delivery of humanitarian assistance. We all have a responsibility to make this happen.”

The other major conflict with global implications is the war between Russia and Ukraine, in which Indonesia has tried to help bring a peaceful resolution. Mr Widodo said he had spoken to the leaders of the two countries in 2022 and sent last month a representative to Ukraine.

“It is a difficult conflict,” said Mr Widodo, adding that Indonesia continues to push for peace “using the capacity we have”.

The world is also on edge ahead of the US presidential elections, and tensions escalated last week when former president Donald Trump was shot in the ear during a rally in Pennsylvania. The assassination attempt resulted in one fatality and two injuries.

“I am very surprised with that incident. It's not good for democracy, not only in the US but in all other countries,” said Mr Widodo.

A general view of Jakarta
A general view of Jakarta

One additional task

President Widodo is due to step down this year at the end of his second and final term.

He will be succeeded by Defence Minister Prabowo Subianto, who previously lost two presidential races to him. The wealthy former general chose Mr Widodo's young son as his running mate after an exception created by the top court that allows current and former regional governors to run at 35.

However, the former furniture businessman faces an additional task: ensuring that the growth and stability he has brought to the nation, continues.

“People’s trust is my priority because, without the people's trust, a leader cannot do much. I'm not an elite party member. I come from a very humble background, therefore, people's support and trust are my sources of strength.”

“Going forward, I hope the transformation that we have conducted for the past decade can continue and enable Indonesia to become an advanced nation.”

For the leader known for visiting local markets and forming friendships with ordinary citizens, the future “will not be an easy era, for all countries, not only for Indonesia”.

“Challenges of geopolitical and global tensions. Threats of food and economic crises. Impacts of climate change and technological disruption. But amid increasingly complex challenges, I see that Indonesia has a good opportunity to make a leap.”

Pros%20and%20cons%20of%20BNPL
%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
How Filipinos in the UAE invest

A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.

Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).

Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.

Ballon d’Or shortlists

Men

Sadio Mane (Senegal/Liverpool), Sergio Aguero (Aregentina/Manchester City), Frenkie de Jong (Netherlans/Barcelona), Hugo Lloris (France/Tottenham), Dusan Tadic (Serbia/Ajax), Kylian Mbappe (France/PSG), Trent Alexander-Arnold (England/Liverpool), Donny van de Beek (Netherlands/Ajax), Pierre-Emerick Aubameyang (Gabon/Arsenal), Marc-Andre ter Stegen (Germany/Barcelona), Cristiano Ronaldo (Portugal/Juventus), Alisson (Brazil/Liverpool), Matthijs de Ligt (Netherlands/Juventus), Karim Benzema (France/Real Madrid), Georginio Wijnaldum (Netherlands/Liverpool), Virgil van Dijk (Netherlands/Liverpool), Bernardo Silva (Portugal/Manchester City), Son Heung-min (South Korea/Tottenham), Robert Lewandowski (Poland/Bayern Munich), Roberto Firmino (Brazil/Liverpool), Lionel Messi (Argentina/Barcelona), Riyad Mahrez (Algeria/Manchester City), Kevin De Bruyne (Belgium/Manchester City), Kalidou Koulibaly (Senegal/Napoli), Antoine Griezmann (France/Barcelona), Mohamed Salah (Egypt/Liverpool), Eden Hazard (BEL/Real Madrid), Marquinhos (Brazil/Paris-SG), Raheem Sterling (Eengland/Manchester City), Joao Félix(Portugal/Atletico Madrid)

Women

Sam Kerr (Austria/Chelsea), Ellen White (England/Manchester City), Nilla Fischer (Sweden/Linkopings), Amandine Henry (France/Lyon), Lucy Bronze(England/Lyon), Alex Morgan (USA/Orlando Pride), Vivianne Miedema (Netherlands/Arsenal), Dzsenifer Marozsan (Germany/Lyon), Pernille Harder (Denmark/Wolfsburg), Sarah Bouhaddi (France/Lyon), Megan Rapinoe (USA/Reign FC), Lieke Martens (Netherlands/Barcelona), Sari van Veenendal (Netherlands/Atletico Madrid), Wendie Renard (France/Lyon), Rose Lavelle(USA/Washington Spirit), Marta (Brazil/Orlando Pride), Ada Hegerberg (Norway/Lyon), Kosovare Asllani (Sweden/CD Tacon), Sofia Jakobsson (Sweden/CD Tacon), Tobin Heath (USA/Portland Thorns)

 

 

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

The biog

Marital status: Separated with two young daughters

Education: Master's degree from American Univeristy of Cairo

Favourite book: That Is How They Defeat Despair by Salwa Aladian

Favourite Motto: Their happiness is your happiness

Goal: For Nefsy to become his legacy long after he is gon

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EKinetic%207%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Rick%20Parish%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Clean%20cooking%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A
Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

UAE currency: the story behind the money in your pockets
Abaya trends

The utilitarian robe held dear by Arab women is undergoing a change that reveals it as an elegant and graceful garment available in a range of colours and fabrics, while retaining its traditional appeal.

The biog

Birthday: February 22, 1956

Born: Madahha near Chittagong, Bangladesh

Arrived in UAE: 1978

Exercise: At least one hour a day on the Corniche, from 5.30-6am and 7pm to 8pm.

Favourite place in Abu Dhabi? “Everywhere. Wherever you go, you can relax.”

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Karwaan

Producer: Ronnie Screwvala

Director: Akarsh Khurana

Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar

Rating: 4/5

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

Sri Lanka's T20I squad

Thisara Perera (captain), Dilshan Munaweera, Danushka Gunathilaka, Sadeera Samarawickrama, Ashan Priyanjan, Mahela Udawatte, Dasun Shanaka, Sachith Pathirana, Vikum Sanjaya, Lahiru Gamage, Seekkuge Prasanna, Vishwa Fernando, Isuru Udana, Jeffrey Vandersay and Chathuranga de Silva.

Favourite things

Luxury: Enjoys window shopping for high-end bags and jewellery

Discount: She works in luxury retail, but is careful about spending, waits for sales, festivals and only buys on discount

University: The only person in her family to go to college, Jiang secured a bachelor’s degree in business management in China

Masters: Studying part-time for a master’s degree in international business marketing in Dubai

Vacation: Heads back home to see family in China

Community work: Member of the Chinese Business Women’s Association of the UAE to encourage other women entrepreneurs

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

Updated: July 18, 2024, 9:36 AM