Business and Investment
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Twelve investors committed to millions of dollars investment, creating over 40,000 jobs
A total of 12 investors from China and Singapore as well as domestic investors have expressed their interest to invest in the Indonesian Textile sector.
Japan to aid waste management in West Java through JICA project
Japan has announced its commitment to assist West Java in enhancing its waste management capabilities through a technical cooperation project with the Japan International Cooperation Agency (JICA).
Triputra Agro Persada, Aisin Takaoka team up to produce palm shell-based biocoke
PT Triputra Agro Persada (TAPG) and Aisin Takaoka Co., Ltd have set up a joint venture to produce biocoke from palm shells, a pioneering technology aimed at promoting green energy and reducing carbon emissions in Indonesia's steel foundry industry.
National data center hit by brain cipher ransomware, 210 institutions disrupted
The National Data Center, serving 210 institutions across central and regional levels, had been disrupted by the Brain Cipher ransomware, prompting rapid data relocation and recovery efforts.
Indonesia reduces reliance on imported pharmaceutical raw materials
Indonesia has managed to cut its dependency on imported pharmaceutical raw materials from 95 percent in 2019 to 90 percent this year, despite the challenges brought by the COVID-19 pandemic. However, this figure still falls short of the government's target of 65 percent.
Tata Metal Lestari expands production line with Rp1.5 trillion investment
Steel plate coating company PT Tata Metal Lestari is set to invest Rp1.5 trillion (US$91.5 million) to expand its production capabilities, aiming to boost export performance by 2025.
Indonesia’s net-zero carbon target at risk amid new gas field developments
Indonesia's aim to achieve net-zero carbon emissions in the electricity sector by 2050 is under threat due to the government's plan to develop new gas fields, potentially hindering the energy transition efforts, a researcher says.
Indonesia to become world's fourth largest copper cathode producer by 2025
The Ministry of Energy and Mineral Resources (ESDM) says that Indonesia is poised to become the world's fourth-largest producer of copper cathodes next year, aligning with the nation's ambition to lead in battery and electric vehicle production.
SKK Migas secures Rp94.4 trillion agreement to boost domestic gas utilization
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has signed agreements worth Rp94.4 trillion (US$5.7 billion) with oil and gas contractors to enhance the utilization of natural gas within Indonesia.
E. Kalimantan governor encourages Chinese investment in biodiesel plant
Governor of East Kalimantan, Akmal Malik, encouraged Chinese companies to invest in building a biodiesel plant in East Kalimantan, emphasizing the region's significant palm oil production potential. The offer was conveyed during his recent visit to Huangshan, Anhui Province, China, as part of the Sister-Province Cooperation (Kaltim-Anhui) program.
Positive outlook for Indonesia's textile industry amid regulatory challenges
Indonesia's textile industry has remained resilient despite facing significant challenges due to new trade regulations, with industry leaders advocating for systemic improvements to secure a sustainable future.
Indonesia's dominance in nickel supply crucial for global EV market
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, has asserted that the United States cannot increase its electric vehicle (EV) production elevenfold by 2030 as targeted without Indonesia's support.