Geopolitics and Diplomacy

Explore the global forces shaking the world and their ripple effects on Indonesia’s destiny.

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Pertamina & partners win bid to manage oil & gas block in Malaysia

PT Pertamina Malaysia Exploration Production (PMEP) and its partners have won the bidding for the SK510 exploration block through the Malaysia Bid Round (MBR) 2023, a series of bidding activities held annually by Malaysia Petroleum Management (MPM) PETRONAS, the agency responsible for oil and gas resources in Malaysia.

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Indonesia and Tanzania strengthen energy investment cooperation

In a significant move to enhance bilateral ties, President Joko ‘Jokowi’ Widodo and his Tanzanian counterpart President Samia Suluhu Hassan sealed an agreement on strengthening cooperation in oil and gas sector in a ceremony at the Bogor Presidential Palace on Thursday, January 25, 2024. 

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LG, Antam to finalize joint venture agreement next week

A consortium of South Korean battery maker LG Energy Solution (LGES) and an Indonesian consortium of National diversified miner PT Aneka Tambang (Antam) and its subsidiary Indonesia Battery Corporation will finalize the establishment of joint venture companies this week.

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Indonesia invites Vietnam for collaboration in green industry, EV

Indonesia's Minister of Industry, Agus Gumiwang Kartasasmita, has invited Vietnam to collaborate in various areas, including green industry, food security, research and development, human resources in the industrial sector, and electric vehicles. The invitation was extended during his meeting with Vietnam's Minister of Industry and Trade, Nguyen Hong Dien, in Hanoi, on Thursday, January 11, 2024.

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IPC Terminal Petikemas launches direct shipping route to Russia

In an effort to enhance maritime connectivity and trade relations with overseas customers, PT IPC Terminal Petikemas (IPC TPK) recently launched a novel direct shipping route to Russia.

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Indonesia increases investments in 3 int’l financial institutions

Finance Minister Sri Mulyani has allocated an additional investment of IDR 1.90 trillion (IDR 122 million) to three international financial institutions − the Islamic Development Bank, the International Fund for Agricultural Development, and the International Development Association − this year.

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Jokowi and Bongbong Marcos discuss border cooperation, trade enhancement

President Joko “Jokowi” Widodo held a bilateral meeting with Filipino President Ferdinand Marcos Jr, commonly known as Bongbong Marcos, at Malacañang Palace in Manila on January 10, 2024.

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Sandiaga lures Ayana Holding to invest in RI’s tourism, creative economy

Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, recently went on a overseas roadshow to the United Arab Emirates (UAE) to offer investment opportunities in Indonesia's tourism and creative economy sectors.

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China asked to improve investment governance in Indonesian smelter industry

Minister of Industry Agus Gumiwang Kartasasmita says he has urged the Chinese government to assess and enhance the governance of Chinese smelter industries in Indonesia.       Agus conveyed the issue during a meeting with the Chinese Minister of Industry, who recently visited the Indonesian Ministry of Industry.

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Erick summons Waskita, WIKA chiefs to discuss merger

Minister of State-Owned Enterprises, Erick Thohir, recently called upon executives of two state-owned construction companies, namely PT Waskita Karya (WSKT) and PT Wijaya Karya (WIKA), to discuss solution for their massive debts issue.

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Retno: Indonesia continues to fight for peace in Gaza 

Indonesia Foreign Minister Retno Marsudi promises that she will bring the Palestine issue to United Nation's Human Right Council as Indonesia has been elected

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Hong Kong delegation set to strengthen economic ties with Indonesia

A delegation led by Mr. John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), is set to visit Jakarta from July 25 to 27, 2023. The visit aims to strengthen economic relations between Hong Kong and Indonesia and explore business cooperation opportunities between the two regions.

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