Investment and Risk
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
Prabowo cancels VAT rate increase, a New Year's gift to Indonesia
Coordinating Minister for Political and Security Affairs, Budi Gunawan, said President Prabowo Subianto gave a special gift for New Year's Eve 2025 to Indonesia by cancelling the planned increase of Value-added Tax (VAT) to 12 percent.
Govt to boost carbon exchange development through tax, emission regulations
Minister of Finance, Sri Mulyani Indrawati, has revealed the strategy to drive the development of carbon exchange in 2025, through the implementation of carbon taxes and sectoral emission regulations.
Plan to open forest for food security could pose ecological, climate risk: NGOs
The Indonesian Forum for Environment (WALHI) has criticized the government’s plan to open 20 million hectares (ha) of land as reserve forest land for food, energy and water security sources, which could result in various negative impacts in the form of hydrological damage, flooding and landslides from upstream to downstream.
President sets Rp13 T in investment target for 2024-2029, to boost economic growth
President Prabowo Subianto has set the target of Rp13,032 trillion (US$803 billion) in investment for the 2024-2029 period to create more jobs domestically and promote economic growth.
Erick Thohir targets merger of three state-owned airlines by Q1 2025
Minister of State-Owned Enterprises (BUMN), Erick Thohir, has targeted the merger of three state-owned airlines − PT Garuda Indonesia, PT Pelita Air Service and PT Citilink Indonesia − in the first quarter of this year.
OJK plans SIPF for crypto investors, prepares for supervision shift in 2025
The Financial Services Authority (OJK) plans to create a Securities Investor Protection Fund (SIPF) institution which is currently being considered to provide protection for crypto investors in Indonesia.
China committed on US$7.46 billion investment in Indonesia: Rosan
Rosan P. Roeslani, Minister of Investment and Downstreaming/ Head of the Investment Coordinating Board (BKPM), revealed on Thursday, January 2, 2024 that several Chinese companies have expressed commitment to investing US$7.46 billion (Rp120.9 trillion) in Indonesia.
PHR discovers oil and gas potential in South Sumatra
PT Pertamina Hulu Rokan (PHR) through the drilling of the Rotan River Downloack-1 exploration well in the PHE Jambi Merang working area (WK) in South Sumatra found oil and gas resources from the Baturaja Formation Limestone.
NU's business unit advances toward coal exploration in E. Kalimantan, seeks investors
PT Berkah Usaha Muamalah, a business unit of the Nahdlatul Ulama (NU) Muslim organization established to manage 25-26,000 hectares (ha) of mining concession in East Kalimantan, is currently progressing toward exploration permit.
Experts slam, warn of President Prabowo's defensive remarks on palm oil expansion
Experts and activists criticized President Prabowo Subianto's recent remarks, which defended Indonesia’s palm oil industry and support for its expansion.
Bahlil pushes for accelerated completion of Balikpapan RDMP expansion by July 2025
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, met with top executives of State energy company PT Pertamina, requesting the Balikpapan Refinery Development Master Plan (RDMP) project to be operational in July 2025.
Indonesia focuses on NZE, new standardization for CCS
The government is encouraging emission reductions to achieve net zero emissions (NZE) through utilization of new and renewable energy (EBT) and Carbon Capture and Storage (CCS), fossil energy reduction, use of electric vehicles in the transportation sector and increased use of electricity in households and industry.