#Government
Ministry of Energy and Mineral Resources plans to develop nuclear power plant amid regulatory adjustment
The Ministry of Energy and Mineral Resources (ESDM) in Indonesia plans to build a nuclear power plant (NPP) as part of its efforts to achieve the Net Zero Emission (NZE) target by 2060 or sooner. However, the construction of the NPP will require specific regulations, beyond the existing Nuclear Energy Law in Indonesia.
Government confirms continuation of Xinyi Group's investment in Rempang, Batam amidst concerns
Bahlil Lahadalia, the Indonesian Minister of Investment and Head of the Investment Coordinating Board (BKPM), has confirmed that the government will proceed with Xinyi Group's investment plans in Rempang, Batam, Kepulauan Riau.However, the government will prioritize the welfare and rights of the residents of Rempang in this investment process.
Indonesia seeks lithium and cobalt imports from Kazakhstan aiming to accelerate EV industry
Mochamad Fadjroel Rachman, the Ambassador of Indonesia to Kazakhstan has expressed its intention to purchase rare metals, particularly lithium and cobalt, from Kazakhstan to boost the production of electric vehicles and batteries.
Indonesia-Japan collaborates on Joint Crediting Mechanism (JCM) model project providing solar panels
A collaboration between the Japanese and Indonesian governments, under the Joint Crediting Mechanism (JCM) Model Project scheme, provides green energy ventures giving companies that participate do not need to bear investment cost.
Constitutional Court amends requirement for presidential and vice-presidential candidate
The Constitutional Court of Indonesia has partially granted a petition to review an article of Law No. 7 of 2017 concerning General Elections (Election Law), which governs the age requirement for presidential and vice-presidential candidates. The petition was registered with case number 90/PUU-XXI/2023 by Almas Tsaqibbirru Re A on August 3, 2023.
Foreign Ministry holds Indonesia-Europe and Latin American business forum
Businesspeople from Europe and Indonesia agreed to strengthen trade and investment cooperation. This commitment is reflected in the signing of 8 (eight) Memorandums of Understanding/ Letters of Intent on business cooperation in various sectors during the opening ceremony of the Indonesia-Europe Business Forum (IEBF), on October 17, 2023, at the Ritz Carlton Hotel in Jakarta. Tourism industry and creative economy sectors, as well as renewable energy, are among the areas of cooperation.
Domestic consortium silently developing Indonesian made high-speed train called Merah Putih
A group consisting of Indonesian entities and companies, which includes PT Industri Kereta Api (Persero) (INKA), BRIN, UGM, ITS, ITB, and LPDP are developing an Indonesian-made high-speed train called "Merah Putih" valued at IDR 4 billion.
Indonesia-Europe Business Forum will bring more than 400 companies together
The Indonesian Foreign Ministry, Indonesian Chamber of Commerce and Indonesian Employers Association will hold a 2023 Indonesia-Europe Business Forum on October 17 to 18, 2023, in Ritz Carlton Hotel, Mega Kuningan, Jakarta.
Indonesia and Ghana establish bilateral business and trade partnership, opening up profitable markets
Indonesia has warmly embraced the prospects of business and trade partnerships with Ghana. Currently, Ghana is focusing on sustainable economic development and attracting global investments and partnerships, which are predicted to benefit both nations.
Indonesia invites Brazil to invest in cattle farming to boost food security
Indonesia has invited Brazil to invest in cattle farming within its territory as part of the government's efforts to stabilize meat prices and enhance food security.
Indonesian Ministry of Communications and Informatics race to complete implementing regulation for Data Protection Law
Indonesia's Ministry of Communications and Information (Kominfo) is working against the clock to finalize regulations stemming from Law No. 27 of 2022, which pertains to Personal Data Protection. Several implementing regulations, including government, presidential, and ministerial regulations, need to be issued to fully implement the law by October next year.
Foreign companies under scrutiny for worsening air quality in Indonesia, Malaysia, and Singapore
Several foreign companies are being scrutinized as potential contributors to deteriorating air quality in various regions of Indonesia, Malaysia, and Singapore.