Indonesian territory is composed of 34 provinces. A province (Indonesian:provinsi) is the highest tier of the local government divisions of Indonesia (Daerah Tingkat I - level I region). Provinces are further divided into regencies and cities (Daerah Tingkat II - level II regions), which are in turn subdivided into districts (kecamatan).
Each province has its own local government, headed by a governor, and has its own legislative body. The governor and members of local representative bodies are elected by popular vote for five-year terms.
Aceh, for the use of the sharia law as the regional law of the province.
Special Region of Yogyakarta, a sovereign monarchy within Indonesia with the sultan Hamengkubuwono as hereditary Governor and Paduka Sri Pakualam as hereditary vice-governor. SR Yogyakarta refused to call themselves as the province according to Law No. 03/1950 and No. 12/2012 about The Speciality of Special Region of Yogyakarta.
Papua Province (Indonesian:Provinsi Papua) is the largest and easternmost province of Indonesia. It lies in West Papua region, which comprises the Indonesian, western, half of the island of New Guinea and nearby islands. Papua is bordered by the nation of Papua New Guinea to the east, and by West Papua province to the west. Its capital is Jayapura. It was formerly called Irian Jaya (before that West Irian or Irian Barat) and comprised all of Indonesian New Guinea. In 2002 the current name was adopted and in 2003 West Papua province was created within West Papua region from western parts of Papua province.
"Papua" is the official Indonesian and internationally recognised name for the province.
During the Dutch colonial era the region was known as part of "Dutch New Guinea" or "Netherlands New Guinea". Since its annexation in 1969, it became known as "West Irian" or "Irian Barat" until 1973, and thereafter renamed "Irian Jaya" (roughly translated, "Glorious Irian") by the Suharto administration. This was the official name until the name "Papua" was adopted in 2002. Today, the indigenous inhabitants of this province prefer to call themselves Papuans.
As per the FMI’s analysis, due to the high demand from the GCC countries, Indonesia and Malaysia for dietary supplements & other products, the market witnessed steady growth at 6.50% CAGR during 2016-2020 ... market, exhibiting the growth at 18.3% CAGR.
The rupee breached for the first time the 79 level in post-market trade on Wednesday ...Dealers said that there were post-market trades at the 79.02 level as the dollar continued to gain strength globally ... "In financial markets, the bottoming out happens in flashes, usually after a major panic and when there is pessimism all around.
HONG KONG ― Korean financial firms are seeking to expand overseas operations as they face limits in the domestic market. But as relative latecomers and foreign entities, overseas expansion has proven a difficult task due to substantial barriers to entering overseas markets that are dominated by larger existing players.
Once it has survived a long ratification process, the EU said the deal would eliminate all tariffs on its exports to New Zealand and will open markets in key sectors such as financial services, telecommunications, maritime transport and delivery services ... The EU is currently also engaged in talks with India, Indonesia, New Zealand and Australia.
Owndays will operate as a separate brand led by co-founders Shuji Tanaka and Take Umiyama, but target the premium segment, while Lenskart focuses on the middle and mass market segments, they said ... The acquisition will expand Lenskart’s presence to 13 markets in Asia, including Singapore, Thailand, Taiwan, Philippines, Indonesia, Malaysia, and Japan.