Business and Investment
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
GAPKI sees European market as less strategic for Indonesian palm oil
The Indonesian Palm Oil Association (GAPKI) has deemed the European Union to be no longer a strategic market for Indonesian palm oil products, as exports to Europe have significantly declined, citing the export volume of CPO and its derivatives to Europe now accounts for only 12 percent of the total export volume.
SKK Migas hopes UAE company to speed up South Andaman gas development
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is optimistic that the United Arab Emirates' Mubadala Energy can expedite the development of gas potential in the South Andaman block, similar to ENI, which has recently secured approval for its Plan of Development (POD).
Pupuk Indonesia plans to build two methanol plants by 2030
State-owned fertilizer producer PT Pupuk Indonesia plans to construct two methanol plants in two provinces by 2030 as part of the effort to support the government's accelerated implementation of the B50 program.
Pupuk Indonesia-ITOCHU-TOYO to develop world's first hybrid green ammonia project
State-owned fertilizer producer PT Pupuk Indonesia is set to develop the world's first hybrid green ammonia project in collaboration with two Japanese corporations − ITOCHU Corporation (ITOCHU) and Toyo Engineering Corporation (TOYO).
PT Merlion Sejahtera Group to invest Rp129 trillion in Cirebon regency
PT Merlion Sejahtera Group, a subsidiary of Hong Kong-based Merlion Resources Holdings Ltd., is set to invest a massive Rp129 trillion (US$8.3 billion) in Cirebon Regency, an investment expected to significantly boost local economy and create thousands of job opportunities for the community.
Terra Charge to build 1,000 EV charging stations in Indonesia by 2025
Japanese electric vehicle (EV) charging station provider, Terra Charge, plans to establish 1,000 public EV charging stations across Indonesia by 2025, supporting the country's ambitious push towards sustainable transportation.
Renewable energy acceleration creates 96,000 jobs in coal-producing regions
Indonesia has the potential to create 96 thousand jobs by increasing the capacity of clean energy and reduce the dependence on fossil fuels in coal-producing regions in East Kalimantan, South Kalimantan and South Sumatra.
B50 biodiesel production test in S. Kalimantan, a milestone in energy independence
Minister of Agriculture, Andi Amran Sulaiman, on Sunday, August 18, 2024, witnessed a successful trial of B50 biodiesel production at PT. Jhonlin Agro Raya’s biodiesel plant in Batulicin, Tanah Bumbu, South Kalimantan, marking a significant step toward national energy independence and supporting Indonesia’s vision for sustainable future energy.
TDE targets 500 MW data center capacity by 2030, emphasizing AI development
PT Telkom Data Ekosistem (TDE), a subsidiary of State telecommunication company PT Telkom Indonesia, sees a bright future in data center business, with plans to expand its capacity to 400-500 MW by 2030, driven by the rapid advancement of artificial intelligence (AI) technology.
Four major investors set to develop key facilities in IKN
Four major companies have initiated the construction of various key facilities in Ibu Kota Nusantara (IKN) in East Kalimantan, reflecting a strong commitment to supporting the development of Indonesia's new capital, with investments totaling Rp5.375 trillion.
PLN-GD Power collaborate to develop floating solar power plant in East Java
State electricity company PT PLN has partnered with Hong Kong-based energy company GD Power Overseas Investment Company Limited (GD Power) to develop a floating solar power plant (PLTS) in Karangkates, East Java, with a capacity of 129 Megawatt peak (MWp).
Intiland invests Rp3.8 trillion in three major projects in IKN
PT Intiland Development (DILD), through its subsidiary PT Adiwarna Harapan Nusantara, has committed an investment of Rp3.8 trillion (US$242 million) into three flagship projects in Indonesia's new capital, Nusantara (IKN).