Business and Investment
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
Govt intervention sought to boost private sector involvement in water infrastructure development
The Indonesian Chamber of Commerce and Industry (Kadin) seeks government intervention to increase private sector participation in water resources infrastructure development.
Indonesia-South Korea collaborate to explore rare earth metals potential
The Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) has announced a strategic partnership with the Korea Institute of Geoscience and Mineral Resources (KIGAM) to delve into the untapped potential of 'super rare treasure,' namely Rare Earth Metals, abundant in Indonesia.
Jokowi inaugurates Digital Test House, encourages local technology industry
President Joko “Jokowi” Widodo emphasized the importance of Indonesia's transformation from a consumer to a producer in global technology industry. The president conveyed the message as he inaugurated the Indonesia Digital Test House (IDTH) at the Telecommunication Device Testing Center (BBPPT) in Depok City, West Java on Tuesday, May 7, 2024.
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.
Chubbsafe: sending high-quality safes from Cikarang to Europe and China
PT Chubbsafes Indonesia, a safe manufacturer from Sweden with production facilities in Cikarang, Indonesia, has exported 70 percent of its local production to various parts of the world, including China, India, Europe, and the Middle East.
Russian SOE’s incomplete divestment halts Tuna Block development
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) continues to push for the completion of the divestment of ZN Asia Ltd., a subsidiary of the Russian State-Owned Enterprise (SOE) Zarubezhneft, in the Tuna Block, located offshore East Natuna.
SKK Migas: Repsol to continue upstream oil and gas investment in Indonesia
Head of Upstream Oil and Gas Regulatory Task Force (SKK Migas), Dwi Soetjipto, says that Spanish oil giant, Repsol, remains committed to continuing upstream oil and gas investments in Indonesia.
ESDM ministry collaborates with Eramet to study Lithium reserve potential
The Geological Agency has established a strategic partnership with Eramet Indonesia to strengthen the electric vehicle ecosystem in the country.
PLN committed to maintaining investment climate in domestic electricity sector
State electricity company PT PLN affirms its commitment to maintaining the investment climate in the domestic electricity sector following the completion of Mitsui & Co Ltd's divestment from PT Paiton Energy.
Indonesia books billion dollars in AI funding, seeks global role as AI developer
Indonesia has a huge of Artificial Intelligence Industry (AI) potential, with some 26.7 million workers benefiting from AI technology.
Investors threaten to move factories to India, Vietnam amid gas supply uncertainty
The Indonesian Ceramic Industry Association (Asaki) says that ceramic production in the country is under threat due to disruptions in natural gas supply from PT Perusahaan Gas Negara (PGN).
Chinese investor to build electric motorcycle factory in Central Java
A Chinese investor is set to realize the construction of an electric motorcyle factory in the Kendal Special Economic Zone (SEZ) in Central Java.