In a bid to upgrade its status from developing to developed, Indonesia is strategically planning to join the Organisation for Economic Co-operation and Development (OECD), according to a report by ANTARA News. This move is indicative of Indonesia’s commitment to fostering economic growth and development, and its aspiration to position itself more competitively in the global economic landscape.
Meanwhile, in another stride forward for the country, researchers from the National Research and Innovation Agency (BRIN) have discovered a new species of leafless root orchid, Chiloschista tjiasmantoi Metusala, in Sumatra. This discovery underscores the rich biodiversity of Indonesia, and could potentially open up new opportunities for biological and environmental research, potentially paving the way for economic benefits in sectors such as ecotourism or pharmaceuticals.
In the realm of digital economy, Tech in Asia reports a 14% revenue growth for Blibli, one of Indonesia’s prominent e-commerce platforms, in 2024. This growth is reflective of the rising trend of digital shopping and the expanding digital economy in Indonesia, a trend that is likely to be further fueled by the country’s bid to join the OECD. If successful, this could attract more investment, enhance technological advancement, and accelerate the growth of digital industries in the country.
In summary, these developments indicate a promising trajectory for Indonesia’s economic growth, biodiversity discovery, and digital expansion. The country’s strategic move to join the OECD, coupled with advancements in research and digital economy, paints a positive picture of Indonesia’s progress as it navigates the path towards becoming a developed nation.