#Government
Indonesia's coal reserves sufficient for the next 41 years: Report
Indonesia's coal reserves remain substantial and are projected to meet national energy needs for the next 41 years, according to the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM).
Prabowo meets President Putin, discussing strengthened bilateral cooperation
Defense Minister and President-elect Prabowo Subianto met with Russian President Vladimir Putin in Moscow on Wednesday, July 31, 2024, discussing efforts to strengthen bilateral cooperation in various sectors.
Indonesia's digital economy poised for exponential growth by 2030
Coordinating Minister for the Economy, Airlangga Hartarto, expresses optimism that Indonesia's digital economy will experience significant growth by 2030, through several key requirements and initiatives in line with the implementation of the Digital Economy Framework Agreement (DEFA) by several ASEAN countries.
Indonesia and GCC begin talks on FTA negotiations
Minister of Trade, Zulkifli Hasan, and the Secretary General of the Gulf Cooperation Council (GCC), Jasem Mohamed Al Budaiwi, officially commenced negotiations for the Indonesia–Gulf Cooperation Council Free Trade Agreement (I-GCC FTA) in Jakarta on Wednesday, July 31, 2024.
ESG will remove negative stigma from Indonesia nickel industry: Expert
An expert staff to the Minister of Energy and Mineral Resources (ESDM) has suggested that negative stigma of dirty nickel industry can be removed by implementing Environment, Social and Governance (ESG) principle in the extractive industry properly.
Indonesia partners with ERIA to boost economic integration, export markets
The Indonesian Coordinating Ministry for the Economy has signed a Memorandum of Understanding (MoU) with the Economic Research Institute for ASEAN and East Asia (ERIA), aimed at deepening Indonesia's integration into international economic frameworks, including the Organisation for Economic Cooperation and Development (OECD), and broadening the country's export markets.
Delta Dunia Group books stable performance in first semester of 2024
PT Delta Dunia Makmur has booked stable performance for first semester (1H) of 2024, reflecting the group’s resilience and operational capability in the face of extreme weather conditions and weakening currencies.
Airlangga invites greater Saudi investment in meeting with Ambassador Faisal
Coordinating Minister for the Economy, Airlangga Hartarto, invited greater investment from Saudi Arabia during a meeting with Saudi Ambassador to Indonesia Faisal bin Abdullah Al-Amudi in Jakarta on Monday, July 29, 2024.
Luhut: Indonesia committed to CCS industry development
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, says that the Indonesian government is committed with its decarbonization initiative in line with Presidential Regulation No. 14/2024 on Carbon Capture Storage (CCS).
Govt secures significant investment in 1st semester 2024, creates 4.7 million jobs
Ahead of the end of President Joko Widodo ‘s term in office, Indonesia booked significant investment realization of Rp 428.4 trillion (US$26.3 billion) in April-June 2024, a 6.7 percent increase from the January-March 2024 figure and a 22.5 percent increase in comparison with the same period of 2023.
Concerns raise over fiscal sustainability as debts near Rp9,000 trillion mark
The government is starting to be careful about Indonesia's future debt position which has the potential to reach Rp9,000 trillion (US$552.5 billion) due to large principal and interest payments, accompanied by the withdrawal of new debt in 2024.
Indonesia to establish electric vehicle battery research center in Morowali
The Ministry of Maritime Affairs and Investment has announced the establishment of a major electric vehicle (EV) battery research center in Morowali, Central Sulawesi, highlighting the nation's ambition to lead in the EV industry.