Business and Investment
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
Global consulting, investment firms showcase green investment potential in SE Asia
Reports from global consulting, business intelligence and investment firms − Bain & Company, GenZero, Standard Chartered, and Temasek − have identified 13 most potential decarbonization investments in Southeast Asia, amounting to US$150 billion (Rp2.434 trillion).
Government collaborates with China, Singapore to develop seaweed industry
The Indonesian government is partnering with China and Singapore to encourage investors from both countries to invest in seaweed development projects in Indonesia.
Starventure targets early-stage startups in Indonesia for investment
Starventure, an investor unicorn, aims to invest in more early-stage startups in Indonesia, offering resources and expertise to help startups become global players.
President Jokowi sets up task force for sugar, bioethanol self-sufficiency acceleration
President Joko “Jokowi” Widodo has appointed Investment Minister Bahlil Lahadalia as Chairman of the Task Force for accelerating self-sufficiency in sugar and bioethanol in Merauke regency, South Papua. This assignment is stipulated in Presidential Decree No. 15/2024 issued by Jokowi on April 19, 2024.
Pertagas, PHE explore gas compressor utilization to reduce production costs
PT Pertamina Gas (Pertagas) and PT Pertamina Hulu Energi (PHE) have entered into a collaboration to explore the utilization of gas compressors for PHE's operational and production needs.
Two Medco oil and gas projects to beonstream by October 2024
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is pursuing two strategic projects by Medco E&P Natuna Ltd, namely Forel and Bronang, for onstream production by October this year.
Pertamina-ExxonMobil CCS project investment to be decided by 2026
The Coordinating Ministry for Maritime Affairs and Investment has announced that the final investment decision (FID) for the carbon capture and storage (CCS) project in the Sunda-Asri Basin area, offshore Southeast Sumatra, will be made no later than 2026.
SKK Migas blames Covid-19, old facilities for drop in oil production
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has revealed the reason for drop in the country’s oil production, blaming the Covid-19 pandemic and old facilities as the culprit.
Indonesia, Asia-Pacific nations focus on 6G - Starlink at APSMC 2024
Countries in the Asia-Pacific region are beginning to address frequency spectrum for new technologies such as 6G and low earth orbit satellites like Starlink and OneWeb. The issue was discussed at the 10th Asia Pacific Spectrum Management Conference (APSMC) 2024.
J Resources discovers new gold prospect, enhances mining potential
J Resources Asia Pasifik (PSAB) has uncovered a promising gold prospect within the operational area of its subsidiary, PT J Resources Bolaang Mongondow (JRBM), in North Sulawesi.
Pertamina signs strategic partnership with Eni to boost national energy security
Indonesian State energy company PT Pertamina took a significant step towards enhancing the country's energy security by signing a Memorandum of Understanding (MOU) with Eni SpA in the Netherlands on Friday, April 19, 2024.
Iran-Israel conflict raises concerns for ISAT-MORA data center businesses
The conflict between Iran and Israel, along with the weakening of the rupiah against the US dollar, is feared to impact the data center business in Indonesia.