#Investment
ExxonMobil supports Indonesia’s CCS development program, target
U.S. oil and gas company has expressed its support for Indonesia’s Carbon Capture and Storage (CCS) development program and target, actively working with the Indonesian government and state-owned oil company PT Pertamina to establish CCS infrastructure in key industrial zones that will help position Indonesia as a regional hub for carbon storage.
Danantara poised to surpass Singapore's GIC, become one of the world's largest
Daya Anagata Nusantara Investment Agency (Danantara) has the potential to surpass GIC or the Government of Singapore Investment Corporation (GIC) in terms of assets under management, a report by the Financial Times Stock Exchange (FTSE) Russell has revealed.
India’s Thermax plans up to US$100M investment in green technologies in Indonesia
Thermax, an energy manufacturing company from India, has the potential to increase investment up to US$100 million (Rp1.6 trillion) to develop green industries in air pollution control devices and bioethanol in Indonesia.
Trump's EV policy shift sparks concerns for Indonesia's nickel industry, SE Asia's supply chain
U.S. President Donald Trump's policy in revoking electric vehicle (EV) incentives raises concerns on the impact to Indonesia's vital nickel sector, simultaneously creating a domino effect across Southeast Asia's vehicle and other related industries, a report by the South China Morning Post reveals.
Germany takes over leadership of RI’s JETP climate funding as U.S. steps down
Indonesia's Just Energy Transition Partnership (JETP) Secretariat has confirmed that the International Partners Group (IPG) member Germany would take over the U.S. leadership role, with donors such as France and the European Union (EU) appreciating Germany for stepping in to lead JETP climate funding in Indonesia, a report by jakartaglobe.id reveals.
Indonesia secures foreign investments amidst plan to streamline foreign capital entry
Rosan Roeslani, Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, said the government has secured investments worth billions of dollars that are planned to enter Indonesia in the first quarter of 2025.
Budget efficiency policy opens doors for infrastructure investment: Arsjad
The Indonesian Chamber of Commerce and Industry (Kadin) has assessed that the budget efficiency policy set by President Prabowo Subianto could open up investment opportunities for the private sector as it provides a bigger role to the private sector in infrastructure development.
Indonesia's JETP faces criticism over delayed funding
Hashim Sujono Djojohadikusumo, the President's Special Envoy for Climate and Energy, has assessed the Just Energy Transition Partnership (JETP) as a failed program because there has not been a single fund disbursed by the U.S. Government through the program.
Government may revoke Masela Block concession after 26 years of uncertainty
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, says that the government may revoke the Masela Block gas concession held by INPEX Corporation since no progress has been made ever since the concession was issued 26 years ago.
East Ventures prioritizes investment on climate tech, AI, health and consumer sectors
East Ventures, an Indonesian venture capital firm, has announced climate technology, health, consumer, and Artificial Intelligence (AI) as its priority investment sectors this year.
Joko Widodo met with BASF, VW, and Eramet for investment in car battery ecosystem
Indonesian President Joko Widodo met with three leaders of leading companies from Europe in Hannover, Germany. The three companies, BASF, Eramet and Volkswagen, plan to invest in Indonesia's car battery ecosystem. BASF alone will be making a US$ 2.6 billion in investment in North Maluku.
Jokowi visits South Korea, Japan to boost investments, hinders future conflicts
Indonesian President Joko "Jokowi" Widodo made a series of visits to East Asian countries to boost investments and hedge future conflicts. Widodo and his entourage started their visit to China followed by Japan and South Korea.