Business and Investment
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Changan Auto set to enter Indonesian market in partnership with Indomobil
Changan Auto Southeast Asia, the automotive giant from China, will soon enter the Indonesian market through local distributor, Indomobil Group.
35 French firms explore investment opportunities in Indonesia’s energy sectors
A delegation of 35 French companies, represented by the French Business Confederation (MEDEF International), met with Indonesin Minister of Investment and Downstream Industry, Rosan Perkasa Roeslani, in Jakarta on Tuesday, February 18, 2025 to explore investment opportunities in three key sectors: renewable energy, infrastructure, and decarbonization.
India’s Thermax plans up to US$100M investment in green technologies in Indonesia
Thermax, an energy manufacturing company from India, has the potential to increase investment up to US$100 million (Rp1.6 trillion) to develop green industries in air pollution control devices and bioethanol in Indonesia.
Danantara set to form JV with UAE, boosting renewable energy and SOEs efficiency
Chairman of the National Economic Council (DEN), Luhut Binsar Panjaitan, reveals that many parties have express interest in establishing a joint venture (JV) with the Daya Anagata Nusantara Investment Agency (Danantara), one of them is from the United Arab Emirates (UAE).
IBC to build EV battery recycling plant by 2031, supporting nickel sustainability
Indonesia Battery Corporation (IBC) is targeting to establish an electric vehicle (EV) battery recycling plant by 2031 in support of nickel sustainability and green energy campaigns.
IBC named investment holding for new energy materials
The government has decided to name PT Indonesia Battery Corporation (IBC) as Investment Holding for the New Energy Materials sector, a move aimed at optimizing the downstreaming of mineral resources into battery raw materials to support the national electric vehicle (EV) industry.
Govt prepares strategic adjustment, product diversification for U.S. tariff changes
The Indonesian government is taking measures to anticipate any potential impact of the U.S. policy in increasing tariffs on imported goods, focusing on adjustment tailored to maintain and increase the competitiveness of the national economy.
Trump's reelection could reshape Indonesia's economic strategy amid global shifts
The reelection of Donald Trump as U.S. President presents a unique set of challenges for Indonesia, requiring a certain approach in policy and adjustment in the coming years, a report by globalasia.org reveals.
Indonesia secures foreign investments amidst plan to streamline foreign capital entry
Rosan Roeslani, Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, said the government has secured investments worth billions of dollars that are planned to enter Indonesia in the first quarter of 2025.
BRI Danareksa Sekuritas targets four IPOs, expands debt underwriting in 2025
BRI Danareksa Sekuritas (BRIDS) targets four companies to list their shares through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2025.
Indonesia's corruption perception index improves, but concerns over political corruption persist says ICW
Transparency International Indonesia (TII) released Indonesia's 2024 Corruption Perception Index (CPI) on Tuesday, February 11, 2025. Indonesia's CPI was recorded to have increased by three points to 37 after stagnating for two years at 34.
Indonesia scores 37 in 2024 CPI, signaling persistent challenges
A report by Transparency International reveals that Indonesia’s score in the 2024 Corruption Perceptions Index (CPI) remains at 37, placing it among countries struggling with significant corruption issues.