Oil&gas sector sees surge in development drilling amid energy security push
Finance ministry seeks Rp52 trillion budget for 2026 despite prior cuts
Finance Minister, Sri Mulyani Indrawati, has proposed an expanded budget of Rp52.02 trillion (US$3.21 billion) for the 2026 fiscal year, marking an increase of Rp4.88 trillion (US$301.2 million) from the initial indicative ceiling of Rp47.13 trillion (US$2.91 billion).
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Indonesia launches AI center of excellence to speed up inclusive, sovereign AI ecosystem
The Ministry of Communication and Digital Application (Komdigi) on Friday, July 11, 2025 launched the Indonesia AI Center of Excellence (AICoE), a national hub dedicated to the development and deployment of artificial intelligence (AI), which is being developed in partnership with Indosat Ooredoo Hutchison (IOH), Cisco, and NVIDIA.
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Indonesia launches first eco-friendly solder factory to boost tin downstreaming, exports
Deputy Minister of Investment and Downstreaming, Todotua Pasaribu, inaugurated Indonesia’s first eco-friendly solder factory, PT Solder Tin Andalan Indonesia (Stania), on Thursday, July 10, 2025.
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Prabowo’s renewable energy goal needs massive financing, policy reform: SUSTAIN
President Prabowo Subianto’s bold pledge to achieve 100 percent renewable energy by 2035 will require substantial financing and significant policy reform, particularly from the Ministry of Energy and Mineral Resources (ESDM) and the Ministry of Finance, according to the Indonesian Foundation for Sustainable Welfare (SUSTAIN).
Investment and Risk
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
Danantara asked to prioritize real sector, strategic industries to boost economy
Indonesia’s sovereign wealth fund BPI Danantara is suggested to focus on long-term, real sector investments to maximize its contribution to national economic growth as the fund's strength lies not only in the volume of capital raised, but also in how strategically that capital is deployed.
Indonesia-U.S. agree to intensify reciprocal tariff talks ahead of August 1 deadline
Indonesia and the United States have agreed to intensify negotiations over reciprocal tariffs in the coming three weeks, following a high-level meeting between Coordinating Minister for the Economy Airlangga Hartarto and U.S. Secretary of Commerce Howard Lutnick, along with U.S. Trade Representative Ambassador Jamieson Greer.
Govt sets up investment desk in Batam to accelerate investment realization
In an effort to accelerate investment realization and boost economic growth, the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has established an Investment Desk in Batam’s Free Trade and Port Zone (KPBPB).
Danantara injects US$405 million into Garuda Indonesia
State-owned investment management agency Daya Anagata Nusantara (BPI Danantara), through its subsidiary PT Danantara Asset Management, has extended a US$405 million (Rp6.65 trillion) shareholder loan to national flag carrier Garuda Indonesia, aimed at accelerating the airline's long-term transformation and performance recovery strategy.
Northstar-Ares merger flags concerns over foreign gains: Market analyst
A merger between venture capital firm Northstar Group and U.S.-based investment giant Ares Management Corp. has rekindled scrutiny over previous high-profile investment maneuvers in Indonesia.
Indonesia launches its largest integrated solar panel factory in Kendal
Indonesia inaugurated on Thursday, June 19, 2025 its largest and first integrated solar cell and module manufacturing facility, PT Trina Mas Agra Indonesia (TMAI), located in the Kendal Industrial Park, Central Java.
UNESCO status halts Medco’s cement plant project in Kebumen
Following the recent designation of Kebumen in Central Java as a UNESCO Global Geopark, Medco Group’s subsidiary PT Semen Gombong has formally canceled its plans to develop a cement factory in the regency.
Sri Mulyani highlights US$625 B infrastructure funding gap, Danantara touted as solution
Indonesia faces a massive funding gap in its bid to develop infrastructure by 2029, requiring a total of US$625.37 billion (Rp10,154 trillion) to meet national development goals, said Minister of Finance Sri Mulyani Indrawati.
Corporate Affairs
Uncovers the dynamics of state-owned enterprises and corporate giants with a vibrant and insightful approach, making the corporate world both fascinating and accessible.
Hashim Djojohadikusumo inaugurates two green factories in Sumatra
Business tycoon Hashim Djojohadikusumo recently launched two environmentally friendly factories under Arsari Group, marking a significant step in sustainable industrial development in Sumatra.
Tycoon Hermanto Tanoko plans for chemical sector IPO, eyeing market expansion
Businessman Hermanto Tanoko has revealed plans for a new corporate breakthrough, announcing that one of his companies in the chemical sector is preparing for an initial public offering (IPO) on the Indonesia Stock Exchange (IDX).
Danantara to consolidate 889 SOEs under one command to accelerate nat’l growth
Chief Investment Officer (CIO) of Indonesia’s sovereign investment agency BPI Danantara, Pandu Sjahrir, has revealed the agency’s plan to consolidate 889 state-owned enterprises (SOEs) into a streamlined structure under a single command aimed at reducing the current number of SOEs to around 200, simultaneously allowing for tighter coordination and stronger national synergy.
Chandra Daya's IPO oversubscribed 400 times, draws over Rp30T in investor funds
The initial public offering (IPO) of PT Chandra Daya Investasi (CDIA) has drawn overwhelming investor interest, with subscriptions oversubscribed more than 400 times, securing over Rp30 trillion (US$1.8 billion) in incoming funds − far exceeding the company's initial target of Rp2.37 trillion.
RI-U.S. ink US$34 B trade deals amid push for balanced economic partnership
Indonesia and the United States signed commercial agreements of US$34 billion in agriculture and energy sectors during a series of high-level business meetings in Washington, D.C., signaling growing momentum in advancing bilateral Comprehensive Strategic Partnership.
Shipping firm PSAT to launch IPO on July 8 amid strong investor demand
PT Pancaran Samudera Transport (PSAT), a coal shipping and marine logistics company, is set to debut on the Indonesia Stock Exchange (IDX) on July 8, 2025, through an Initial Public Offering (IPO) of 222.35 million new shares, equivalent to 15 percent of the company’s enlarged issued and paid-up capital post-IPO.
Harita Nickel supports local economy through downstreaming, ESG practice
Mining company Harita Nickel’s operations in South Halmahera is determined to drive inclusive economic growth, providing over 22,000 jobs − 45 percent of which go to local residents in North Maluku − and transform previously unvalued nickel ores into high-value materials essential for electric vehicle (EV) batteries.
SOE Minister replaces Bulog CEO after four months in office
State-Owned Enterprises (SOEs) Minister Erick Thohir has replaced Novi Helmy Prasetya as president director of state logistics agency Perum Bulog, only four months after his appointment.
Opinion and Editorial
Bold opinions and cutting-edge perspectives from thought leaders on the burning issues of our time.
Indonesia’s defense industry and the significance of Indo Defense 2025
Profiles
Unveil the stories of influential figures transforming Indonesia’s industries, economy, and political landscape.
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Sofyan Djalil
Sofyan A. Djalil was born in 1953 in Aceh. Djalil is the Minister of Agrarian and Spatial Planning of Indonesia. He was a very persistent person at a young age to reach his goals, that persistence made him successful in studying at the University of Indonesia (UI). At UI, he studied Business Law and graduated in 1984. He then met his future wife, Dr. Ir. Ratna Megawangi, M.Sc. and has 3 children.
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Siti Nurbaya Bakar
Siti Nurbaya Bakar was born in 1956 in Jakarta to Mochamad Bakar and Sri Banon. She is the current Minister of Environment and Forestry. Her father is a retired Betawi Police officer and his mother is from Lambung. Siti is married to Rusli Rachman and has two children: Meitra Mivida NR and Ananda Tohpati.
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Sandiaga Uno
Sandiaga Salahuddin Uno was born in 1969 in Riau, Indonesia. Uno is the current Minister of Tourism and Creative Economy. During his childhood, he met with Erick Thohir and was in the same elementary school as a schoolmate. Sandiaga Uno was an undergraduate of Wichita State University in the United States, he graduated with a cum laude. He continued his university education in the United States at George Washington University in 1990 after receiving a paid scholarship from William Soerjadjaja and graduated with an MBA in 1992 and a GPA 4.00.
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Sakti Wahyu Trenggono
Wahyu Sakti Trenggono was born in Semarang in 1962, He is the current Minister of Maritime Affairs and Fisheries. Trenggono is a person who focuses on business development. He attended a bachelor's degree in Industrial Engineering at the Bandung Institute of Technology in 1986, after which he continued his Masters in Management at the Bandung Institute of Technology.
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Ridwan Kamil
Mohammad Ridwan Kamil called Kang Emil or Ridwan was born in Bandung in 1971. Kamil is the Governor of West Java since 2018. He is the son of a husband and wife Dr. Atje Misbach, S. H. and Dra. Tjutju Sukaesih. Ridwan is the second of five children. Ridwan has a family, he is married to Atalia Praratya Kamil and has children Camillia Laetitia Azzahra and Emmiril Khan Mumtadz.
Investigations
Deep dives into hidden truths, exposing the scandals and secrets that shake the foundations of business and governance.
Young diplomat found dead under suspicious circumstances in Jakarta
A 39-year-old junior diplomat at the Ministry of Foreign Affairs, Arya Daru Pangayunan, was found dead under suspicious circumstances in his rented room in Menteng, Central Jakarta, on Tuesday morning, July 8, 2025, sparking shock and grief among Indonesia’s diplomatic community.
Brazilian hiker found dead on Mount Rinjani, evacuation underway
The National Search and Rescue Agency of Indonesia (Basarnas) has confirmed that Juliana DSPM, a Brazilian national reported missing while hiking Mount Rinjani in Lombok, West Nusa Tenggara was found dead at a depth of 600 meters on Tuesday evening, June 24, 2025 after intensive operations by a joint SAR team.
KPPU warns of law violation in potential Grab-GoTo merger
Indonesia’s Business Competition Supervisory Commission (KPPU) has issued a public warning regarding the potential merger between tech giants Grab and GoTo, emphasizing the importance of compliance with national competition laws.
Bakamla foils tin ore smuggling attempt in Lingga Islands waters
The Indonesian Maritime Security Agency (Bakamla) has intercepted a wooden vessel suspected of smuggling tin ore without proper documentation in the northern waters of the Karimata Strait, near Lingga Island, Riau Islands Province, on Friday, April 25, 2025.
Armed separatist group claims execution of 11 Indonesian gold miners in Papua
The West Papua National Liberation Army (TPNPB) has claimed responsibility for the execution of 11 illegal gold miners in Yahukimo, Papua, while alleging the casualties as soldiers disguising themselves as gold miners in a mission to infiltrate their operational areas.
More Indonesians evacuated from Myawaddy, after 400 others in 1st attempt
The Indonesian Ministry of Foreign Affairs’ Task Force for the Protection of Indonesian Citizens Abroad, in collaboration with the Indonesian Embassies in Bangkok and Yangon, evacuated 169 more Indonesian citizens from Myawaddy, Myanmar on Tuesday, March 18, 2025.
Indonesian Coast Guard foils smuggling of 60,000 baby lobsters
The Indonesian Coast Guard (Bakamla) intercepted an attempted smuggling of 60,000 baby lobsters in the waters near D Island, Thousands Island regency, Jakarta, on Tuesday, March 11, 2025.
Top officials, business partners named suspects in Pertamina graft scandal
The Attorney General's Office (AGO) has named seven individuals − four are top officials within PT Pertamina Group and the other three are business partners − as suspects in a corruption case related to mismanagement of crude oil and refinery products at the State energy company, its subholdings and contractors during the 2018-2023 period.
Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
Minister denies misuse of state facilities amid wife’s Europe trip controversy
Social media has been abuzz following the circulation of an official letter from Indonesia’s Ministry of Cooperatives and Small and Medium Enterprises (MSMEs) requesting Indonesian embassies in several European cities to provide assistance for the wife of Minister Maman Abdurrahman during her personal trip.
Legislators grill Culture Minister over 1998 sexual violence remarks
A House of Representatives (DPR) hearing on July 2, 2025, saw a heated verbal clash between PDI-P lawmaker Mercy Chriesty Barends and Culture Minister Fadli Zon over the minister’s controversial comments denying mass rapes during the 1998 riots.
ESDM minister appoints two senior officials at law enforcement directorate general
The Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, appointed two senior officials in a ceremony held at the Chairul Saleh Building, ESDM Ministry headquarters in Jakarta on Wednesday, June 25, 2025.
President Prabowo resolves Sumatra islands dispute in Aceh's favor
President Prabowo Subianto has ruled that the four contested islands in northern Sumatra will fall under the administrative jurisdiction Aceh Province in a decisive move to resolve a prolonged territorial dispute.
Indonesia weighs 1956 law, Helsinki Accord to resolve Aceh–North Sumatra dispute
The Ministry of Home Affairs is considering invoking Law No. 24/1956 and the 2005 Helsinki Peace Agreement as legal and political references in the ongoing territorial dispute between Aceh and North Sumatra over four contested islands.
“Sumitronomic” still relevant amid today’s challenges: Experts
Experts have emphasized that the economic framework developed by Prof. Soemitro Djojohadikoesoemo − known as “Sumitronomic” − is still relevant amid today’s global geopolitical and economic challenges.
President Prabowo named Honorary Councilor of PSSI
President Prabowo Subianto has agreed to become an Honorary Councilor of the Football Association of Indonesia (PSSI), said PSSI Chairman Erick Thohir.
Almuzzammil Yusuf appointed as new PKS President for 2025–2030 term
The Prosperous Justice Party (PKS) has announced its new national leadership for the 2025–2030 term, following the First Syura Council Deliberation held in Jakarta on June 3-4, 2025.
Capitol Influence and Lobbying
Powerful insights into the key political players pulling the strings behind government decisions and shaping the nation's future.
Indonesia asked to overhaul negotiation strategy amid tariff dispute with U.S.
Indonesia must abandon its outdated and fragmented approach to international trade negotiations if it hopes to secure significant tariff reductions from the United States, according to Achmad Nur Hidayat, an economist and public policy expert at the National Development Veteran University Jakarta.
Indonesia-U.S. agree to intensify reciprocal tariff talks ahead of August 1 deadline
Indonesia and the United States have agreed to intensify negotiations over reciprocal tariffs in the coming three weeks, following a high-level meeting between Coordinating Minister for the Economy Airlangga Hartarto and U.S. Secretary of Commerce Howard Lutnick, along with U.S. Trade Representative Ambassador Jamieson Greer.
Indonesia calls for OIC to be firmer on Palestine, multilateral reform
Indonesian Foreign Minister Sugiono asked the Organization of Islamic Cooperation (OIC) to adopt a firmer and more assertive stance in defending international law and revitalizing multilateralism during the 51st OIC Council of Foreign Ministers in Istanbul on Saturday, June 21, 2025.
President Prabowo calls for strategic collaboration at SPIEF 2025
President Prabowo Subianto emphasized the importance of strategic collaboration and reaffirmed Indonesia’s commitment to an independent and active foreign policy during his address at the plenary session of the St. Petersburg International Economic Forum (SPIEF) 2025 on Friday, June 20, 2025.
Indonesia-Russia strategic MoU exchange, a new phase in partnership
Indonesia and Russia sealed a number of agreements in a ceremony held at the Konstantinovsky Palace, St. Petersburg, on Thursday, June 19, 2025, opening a new chapter in bilateral partnership, spanning across education, transport, digital development, and strategic investment.
Prabowo arrives in St. Petersburg for talks with Putin, attending SPIEF 2025
President Prabowo Subianto arrived in St. Petersburg, Russia, on Wednesday evening, June 18, 2025, for a visit at the invitation of Russian President Vladimir Putin, which is part of the efforts to bolster strategic partnership between Indonesia and Russia and his participation in the 2025 St. Petersburg International Economic Forum (SPIEF).
Indonesia, Russia reinforce ties ahead of Prabowo’s Russian visit
Indonesia and Russia have reaffirmed their commitment to deepen bilateral ties across political, economic, and strategic fronts, as Foreign Minister Sugiono met with Russian Foreign Minister Sergey Lavrov in Moscow on Monday, June 16, 2025 ahead of President Prabowo Subianto’s upcoming state visit to Russia.
Indonesia calls for restraint, seeks de-escalation in Iran-Israel conflict
Indonesia expresses deep concern over the escalating conflict between Iran and Israel, urging all parties to exercise restraint to avoid further deterioration of regional stability.
Geopolitics and Diplomacy
Explore the global forces shaking the world and their ripple effects on Indonesia’s destiny.
U.S. delays 32% import tariffs on Indonesia following high-level talks
The United States has agreed to delay the implementation of a 32 percent reciprocal import tariff on Indonesian products, following intense economic diplomacy led by Coordinating Minister for the Economy Airlangga Hartarto.
Indonesia-EU reach agreement on landmark CEPA trade deal
The European Union and Indonesia have reached an agreement on the long-awaited Comprehensive Economic Partnership Agreement (CEPA), marking a historic milestone in bilateral relations and paving the way for the deal’s finalization by September 2025.
U.S. shows interest in advancing partnerships in critical minerals sector: Airlangga
Coordinating Minister for the Economy, Airlangga Hartarto, said that the United States has expressed strong interests in Indonesia’s critical minerals sector in view of the country’s vast reserves of the currently most sought-after industrial commodity.
Indonesia calls for stronger East Asia Summit role in promoting peace
Foreign Minister Sugiono asked East Asia Summit (EAS) countries to take a stronger stance in upholding humanity and international principles amid rising geopolitical tensions and global economic uncertainty.
Lawmakers urge investment diplomacy as Trump slaps 32 percent tariffs on RI goods
The House of Representatives (DPR) has responded to U.S. President Donald Trump’s decision to impose a 32 percent import tariff on Indonesian products by urging the government to pursue strategic investment diplomacy, particularly by offering to establish manufacturing operations within the United States.
Prabowo pushes for sped up cooperation in agriculture, energy, defense with Brazil
President Prabowo Subianto on Wednesday, July 9, 2025, emphasized the importance of accelerating concrete cooperation between Indonesia and Brazil, particularly in the fields of agriculture, clean energy, and defense.
ASEAN FMs emphasize unity, Myanmar crisis, regional security in KL Meeting
Foreign Ministers from ASEAN member states reconvened on July 9, 2025 at the ASEAN Foreign Ministers’ Retreat (AMM Retreat) in Kuala Lumpur to discuss pressing regional issues, with a strong emphasis on unity, the protracted Myanmar crisis, and emerging security threats in Southeast Asia.
Sugiono reaffirms ASEAN’s commitment to nuclear weapon-free SE Asia
Foreign Minister Sugiono reaffirmed ASEAN’s commitment to maintaining Southeast Asia as a nuclear weapon-free zone amid growing global nuclear risks in his address to the Southeast Asia Nuclear Weapon-Free Zone (SEANWFZ) Commission Meeting, during the 58th ASEAN Foreign Ministers’ Meetings and Post-Ministerial Conferences (AMM/PMC) in Kuala Lumpur, Malaysia.
National Resilience
The nation’s ability to manage and recover from challenges is evaluated through its strategies in food security, defense, and energy preparedness. This section assesses Indonesia’s effectiveness in tackling crises and ensuring national resilience.
CEOs and Leaders
A glimpse into the minds of visionary leaders driving corporate giants and redefining success.
Voices and Media
Immersive storytelling and conversations that bring the most critical topics to life through multimedia experiences.
Cyber and Espionage
Step into the shadowy world of cyber threats, espionage, and national security in the digital age.
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Indonesia launches AI center of excellence to speed up inclusive, sovereign AI ecosystem
The Ministry of Communication and Digital Application (Komdigi) on Friday, July 11, 2025 launched the Indonesia AI Center of Excellence (AICoE), a national hub dedicated to the development and deployment of artificial intelligence (AI), which is being developed in partnership with Indosat Ooredoo Hutchison (IOH), Cisco, and NVIDIA.
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AGIT-HPE-Equinix launch AI-powered private cloud solution to speed up digital transformation
PT Astra Graphia Information Technology (AGIT), Hewlett Packard Enterprise (HPE) and global data center provider Equinix Inc. have signed a Memorandum of Understanding (MoU) to introduce a private cloud solution integrated with Artificial Intelligence (AI), aimed at supporting enterprise digital transformation across Indonesia.
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ManageEngine eyes expansion in Asia, prioritizes Indonesia amid cybersecurity push
India-based IT management solutions provider, ManageEngine, has unveiled plans to build local data centers across major Asian markets, including Indonesia, as part of a long-term commitment to support data residency and sovereignty regulations increasingly adopted in the region.
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Asia’s AI startups reshape global tech, RI eyes digital transformation leadership
Minister of Communication and Digital Application, Meutya V. Hafid, has hinted at Asia’s growing influence in the development of artificial intelligence (AI), suggesting that even modest investments in AI can yield significant global impacts.
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KPK distances itself from individual named in online gambling trial
The Corruption Eradication Commission (KPK) has distanced itself from Raihan, a man who testified in a high-profile trial on the alleged protection of illegal online gambling sites by the then Ministry of Communication and Informatics (Kominfo, now Komdigi) in 2023.
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Cikarang Data Center highlights deepening France-Indonesia digital partnership
French Minister of Foreign Trade Laurent Saint-Martin met with Indonesian Minister of Communication and Digital Application Meutya Hafid on Wednesday, April 9, 2025, , discussing progress update of the National Data Center (PDN-1).
Financial Crimes
A chilling look into the underworld of corruption, illicit wealth, and shadow economies.
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AGO proceeds into uncovering Riza Chalid's role in Pertamina scandal
The Attorney General’s Office (AGO) has named businessman Muhammad Riza Chalid (MRC), the beneficial owner of PT Orbit Terminal Merak (OTM), as a suspect in the ongoing investigation into a major corruption scandal involving the mismanagement of crude oil and refinery products at state-owned energy PT Pertamina from 2018 to 2023.
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“Gasoline Godfather” among nine new suspects in Pertamina oil trading graft
The Attorney General’s Office (AGO) has named nine individuals as new suspects in a sweeping corruption investigation into the mismanagement of crude oil and refined fuel trading at State energy company PT Pertamina, its subsidiaries, and several oil contractors between 2018 and 2023.
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Nine more suspects named in Pertamina oil trade scandal, including Riza Chalid
The Attorney General’s Office (AGO) has named nine new suspects in the widening corruption investigation into the mismanagement of crude oil and refined product trading at State energy giant PT Pertamina and affiliated contractors between 2018 and 2023.
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Former prosecutor jailed for embezzling Rp11.7 B in robot trading fraud case
Former prosecutor at the West Jakarta District Attorney Office, Azam Akhmad Akhsya, has been sentenced to seven years in prison after being found guilty of embezzling Rp11.7 billion (US$700,000) in evidence money from a fraudulent investment case involving the Fahrenheit trading robot platform. He was also fined Rp250 million, with a subsidiary sentence of three months in jail if the fine is not paid.
Society, Environment & Culture
Unravel the intricate threads of justice, societal transformation, and cultural narratives shaping Indonesian society.
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IESR calls for decarbonization as RI’s transport emissions hit 202 M tons CO₂ in 2024
Indonesia's transportation sector produced a staggering 202 million tons of carbon dioxide (CO₂) emissions in 2024 − accounting for 27 percent of national energy-related emissions − according to the Indonesia Sustainable Mobility Outlook (ISMO) 2025, a report released by the Institute for Essential Services Reform (IESR).
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Program Launched in North Kolaka to Revitalize Cocoa Farming and Inspire Youth
In a bid to address the challenges of farmer regeneration and cocoa production sustainability, North Kolaka regency hosted the Cacao Care program from July 7–8, 2025.
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Flores residents reject geothermal report, calling it “misleading”
Representatives of local communities from Flores, East Nusa Tenggara (NTT), have voiced rejection of a technical team report commissioned by the NTT Governor in support of geothermal projects in several areas of the province, which they claimed as disconnected from realities and posing threats to the livelihood of indigenous communities.
Energy and Resources
Escape into the world of indulgence, from serene getaways to the cultural riches that refresh the soul.
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Luhut optimistic IKN construction 80 percent ready by August
Coordinating Minister for Maritime Affairs and Investment, Luhut B. Pandjaitan, is optimistic that the construction of the Nusantara Capital City (IKN) in East Kalimantan will reach around 80 percent by August 2024.
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Civil society coalition occupies EV Exhibition in Jakarta
The Civil Society Coalition, together with residents living around nickel mining concessions in Central Sulawesi, Southeast Sulawesi and North Maluku, occupied the electric vehicle (EV) exhibition held by the Indonesian Electric Vehicle Association (Periklindo) at the Jakarta International Expo (JiExpo) Kemayoran, in Central Jakarta on Sunday, May 5, 2024.
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New Chinese investment boosts industrial growth in Kendal special economic zone
The Kendal Special Economic Zone (SEZ) continues to solidify its reputation as a top-tier investment destination in Indonesia, with the groundbreaking of a major new factory by PT HSG Material Indonesia, a subsidiary of Chinese firm Fujian Hongsheng Material Technology Co., Ltd.
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KPPU probes Black Pepper exporters in Lampung over oligopolistic allegations
The Business Competition Supervisory Commission (KPPU) has begun an investigation into indications of violations agianst Article 13 of Law No. 5/1999 on oligopolistic practices in black pepper commodity trading in Lampung province.
