INSIDER

The Indonesian government has reported a commitment of Rp2 trillion (US$122.7 million) in investment from the issuance of 300 Golden Visas to individual and corporate foreign investors., seeking to issue 1,000 more Golden Visas to attract significant investments and high-caliber global talents to Indonesia. […]

The Financial Transaction Reports and Analysis Center (PPATK) has projected that online gambling transactions in the country could reach Rp900 trillion (US$55.2 billion) by the end of this year if no preventive measures are taken. […]

The Center for Economic and Law Studies (Celios) has suggested that Indonesia requires at least Rp892.1 trillion (US$54.7 billion) by 2045 to implement a restorative economic strategy across various sectors. […]

President Joko “Jokowi” Widodo symbolically planted the first sugarcane to mark the development of downstream sugarcane plantation, sugar factory, and bioethanol project in Sermayam Indah Village, Merauke Regency, South Papua, on Tuesday, July 23, 2024. […]

The Corruption Eradication Commission (KPK) is investigating corruption allegations in State-owned gas distribution company PT Perusahaan Gas Negara (PGN) over gas trading transactions with PT Isargas/Inti Alasindo Energi (IAE) from 2017 to 2021. […]

PT Amman Mineral Nusa Tenggara (AMNT), a subsidiary of PT Amman Mineral Internasional (AMMAN), has secured the export permit for copper concentrate from the Indonesian Ministry of Trade following a recommendation from the Ministry of Energy and Mineral Resources (ESDM). […]

PLN Nusantara Power (PLN NP), a subsidiary of State electricity company PT PLN, recorded electricity production of 66.8 million mega watt hours (MWh) in 2023 or grew 291 percent compared to the 2022 realization of 17 million MWh following plant optimization measures taken throughout last year. […]

President Joko “Jokowi” Widodo is scheduled to open the 2nd Indonesia International Sustainability Forum (ISF 2024) on September 5, 2024 in Jakarta, an event of world leaders, CEOs, and sustainability experts seeking encouraging business breakthroughs to address climate change issues. […]

Indonesia has welcomed the Beijing Declaration on Tuesday, July 23, 2024, that unifies all political factions in Palestine. […]

The East Java Provincial Prosecutors’ Office is investigating corruption allegations at State-owned railway manufacturer PT INKA following a report by Minister of State-owned Enterprises (SOEs) Erick Thohir. […]

The Indonesian Ministry of Industry has been aggressively promoting digital economic transformation by encouraging collaboration between industry players and developing startups as exhibited during the Tech Link Summit 2024 held from July 18-20 in Jakarta. […]

A recent study by the International NGO Forum on Indonesian Development (INFID) highlights potential challenges towards membership in the Organization for Economic Cooperation and Development (OECD), including increased trade liberalization and the risk of remaining a raw material exporter, should Indonesia join the global economic organization. […]

State-owned mining company PT Aneka Tambang (Antam) says it respects the ongoing legal process against an alleged corruption case involving the illegal management of 109 tons of Antam gold between 2010 and 2022. […]

The government through the Ministry of Energy and Mineral Resources (ESDM) is trying to maintain oil and gas production even though it is faced with various production challenges. […]

Amnesty International Indonesia, part of the global human rights campaign organization Amnesty International, has revealed that the Indonesian National Police (Polri) had acquired Israel-made spyware via a Singaporean brokerage firm. […]

The Indonesian Iron and Steel Industry Association (IISIA) has declared its readiness to support upcoming government construction projects under President-elect Prabowo Subianto’s administration, which is likely to continue the development of the Nusantara Capital City (IKN) and build three million housing units annually. […]

Indonesia needs to re-evaluate its planning, procurement and investment processes to secure its renewable energy financing needs. […]

Secretary General of the Indonesia Nickel Mining Association (APNI), Meidy Katrin, said her association supports the development of Simbara, the information system of mineral and coal resources. […]

The Ministry of Finance is drafting the budget ceiling for 2025, with significant amount of budget of Rp155.9 trillion (US$9.6 billion) allocated for the Ministry of Defense. […]

The Secretariat General of the National Council for Special Economic Zones (KEK) has reported that investment in KEK has reached Rp205.2 trillion (US$12.7 billion) since its inception in May 2010 until the first half of 2024. […]

The Ministry of Public Works and Housing (PUPR) has completed the construction of the Presidential Office Building in Indonesia’s new capital Nusantara (IKN), highlighted with the installation of the final blade in the West Wing of the Garuda Wing on Monday, July 22, 2024. […]

President Joko “Jokowi” Widodo has called for the swift advancement of processing industrial coconut waste into bioenergy and biofuels while observing vast opportunities ahead for Indonesia. […]

The government launched on Monday, July 22, 2024, the expanded version of the Mineral and Coal Information System (SIMBARA) that initially covered a mere coal commodity into an extended system, including also nickel and tin commodities. […]

The Ministry of Energy and Mineral Resources (ESDM) has identified anomalies in the management of natural resources (SDA), highlighting areas rich in resources yet facing high poverty rates. […]

State-owned mining company PT Aneka Tambang (Antam) and China’s battery giant, Contemporary Emperex Technology Co. (CATL), are developing midstream nickel industry. […]

The Ministry of Agriculture has prepared a biofuel industry to increase the domestic supply of biodiesel, as an initiative to increase the availability of biofuel to 50 percent from the total consumption of solar fuel, which aligns with President-elect Prabowo Subianto’s program in mixing biodiesel and solar. […]

The National Research and Innovation Agency (BRIN) of Indonesia, in collaboration with the International Atomic Energy Agency (IAEA), is developing Nuclear Technology for Controlling Plastic Pollution (Nutec Plastic) to tackle plastic waste problems […]

Deputy Minister of Investment Yuliot Tanjung said the government has planned to grant import facilities for agricultural company as part of the measures to accelerate sugar and bioetanol self-sufficiency in Merauke regency, South Papua. […]

Executive Director of Amnesty International Indonesia Usman Hamid asks the Indonesian government and the Human Rights Commission (Komnas HAM) to investigate the death of three civilians in Karutabe village, Mulia District, Puncak Jaya Regency, Central Papua, on July 16, 2024. […]

The Upstream oil and gas regulatory task force (SKK Migas) has recorded state revenue of US$7.6 billion (Rp114 trillion) for the first half of 2024 or beyond the state revenue target of US$5.41 billion (Rp 81 trillion) of the same period. […]