#International
Indonesia welcomes “Beijing Declaration” for unifying Palestinian factions
Indonesia has welcomed the Beijing Declaration on Tuesday, July 23, 2024, that unifies all political factions in Palestine.
CICC eyes expansion to Indonesia amid global slowdown
China International Capital Corp (CICC), the largest investment bank in China, is planning to expand into Indonesia as part of its strategy to explore new markets in Southeast Asia.
Jokowi and UAE Crown Prince discuss financial center, nickel cooperation
President Joko “Jokowi” Widodo and UAE Crown Prince Sheikh Mohammed bin Zayed Al Nahyan (MBZ) have agreed to develop a financial center in Indonesia's new capital, Nusantara, and enhance cooperation in the nickel industry from mining to electric vehicle production.
Indonesia protests EUDR, wins support from US and like-minded countries
Indonesia's efforts in opposing the European Union's Deforestation Regulation (EUDR), which is detrimental to the country's palm oil industry, has inspired but also garnered support from a bipartisan group in the United States (US) and other countries united under the Like-Minded Countries (LMC) group.
Indonesia secures US$3 billion investment for tourism, infrastructure development
Minister of State-Owned Enterprises (SOEs), Erick Thohir, signed a memorandum of understanding (MoU) with Eagle Hills Chairman and Emaar Founder Mohamed Ali Rashed Alabbar from the United Arab Emirates (UAE) in Dubai on Tuesday, July 16, 2024.
BI expands QR code payment collaboration with Bank of Korea
The Indonesian Central Bank (BI) has broadened its international payment cooperation network by signing a Memorandum of Understanding (MoU) with the Bank of Korea (BoK) for QR code-based payments.
Pertamina NRE to support Bangladesh's energy transition
A subsidiary of state owned energy company Pertamina, Pertamina New & Renewable Energy (Pertamina NRE) and Coal Power Generation Company Bangladesh Limited (CPGCBL) have signed a Memorandum of Understanding (MoU) of 500 MW grid-connected solar PV project at Moheshkhali area of Cox’s Bazar, Bangladesh, and other parts of the country.
Indonesia-China strengthen labor cooperation, vocational training initiatives
Minister of Manpower, Ida Fauziyah, has revealed that the Indonesian government is working to strengthen labor cooperation with the People's Republic of China. The issue was discussed during her meeting with Chines Minister of Human Resources and Social Security, Wang Xiaoping, in Beijing on July 3, 2024.
Vietnam’s VinFast invests US$1.2 billion in Indonesia’s assembly plant
Vietnam’s electric vehicle (EV) manufacturer, VinFast, which has entered Indonesia earlier this year, is setting up a new dealership in the Jakarta suburb of Depok and will soon invest US$1.2 billion to build a local assembly plant with a capacity of 60,000 cars per year.
Government: BASF, Eramet temporarily delay investment in Sonic Bay project
The government has claimed that Germany 's chemical company BASF and French mining and metallurgical company Eramet did not withdraw from Sonic Bay Project, but only postponed their investment while considering the direction of global trade and market, a senior government officials says.
PIEP opens Middle East branch in search of new oil & gas blocks
PT Pertamina International EP (PIEP) − an international upstream subholding of the State oil and gas company Pertamina − has expanded its operation in the Middle East, opening a branch office in Dubai, the United Arab Emirates, on Tuesday, July 2, 2024.
Indonesia signs MOU with Australia on energy transition cooperation
Dadan Kusdiana, Secretary General of the Ministry of Energy and Mineral Resources (ESDM) and David Fredericks, Secretary of the Australian Department of Climate Change, Energy, Environment & Water (DCCEEW) on Tuesday, July 2, 2024,signed a Memorandum of Understanding (MOU) on efforts to strengthen bilateral cooperation on energy transition.