Latest Updates

ndonesia's Ministry of Manpower, ILO Investigating Forced Labor Allegations in Nickel Smelters
The Indonesian Ministry of Manpower (Kemnaker) is investigating allegations of forced labor in nickel smelters located in industrial areas of Central and Southeast Sulawesi. Facilitated by the Interna  ... Read More
10 Oct 2024
Energy Transition
Manufacturing
Mining
+1
Indonesia Moves to Ban China-based E-commerce Platform Temu Amid SME Concerns
The Indonesian government is preparing to ban Temu, a Chinese e-commerce platform, due to concerns over its potential impact on local small and medium enterprises (SMEs). This move follows discussions  ... Read More
09 Oct 2024
Business News
Digital Economy
World Bank Forecasts Indonesia's Economy to Outperform Pre-Pandemic Levels
The World Bank predicts that Indonesia will be the only country in East Asia and the Pacific to experience positive economic growth in both 2024 and 2025. In fact, the country's growth is expected to  ... Read More
08 Oct 2024
Business News
Economy
This Week’s Headlines Sep. 28 – Oct. 5 (Issue #132)
Business-Indonesia's This Week's Headlines Issue #132  ... Read More
04 Oct 2024
Economy
Energy
Regulation
+2
OJK Reports Electric Vehicle Financing Reaches IDR 29 Trillion, Predicted to Keep Rising
The Financial Services Authority (OJK) recorded that electric vehicle financing as of August 2024 reached Rp 29.07 trillion (roughly US$1.8 billion), accounting for 5.53 percent of total financing rec  ... Read More
03 Oct 2024
Business News
Economy
Electric Vehicles
Indonesia’s Inflation Rate Drops to 1.84% in September, Lowest Since 2021
Indonesia's inflation rate fell to its lowest level in nearly three years, reaching 1.84% in September, according to data released by Statistics Indonesia (BPS) on Tuesday. This marked a decline from  ... Read More
02 Oct 2024
Business News
Economy
Indonesia's Manufacturing PMI Weak in September, Contracts for Three Consecutive Months
The credit rating agency S&P Global reported that Indonesia's manufacturing sector remained in contraction in September 2024, although the situation improved slightly compared to the previous month. T  ... Read More
01 Oct 2024
Business News
Economy
Manufacturing
This Week’s Headlines Sep. 21 – Sep. 27 (Issue #131)
Business-Indonesia's This Week's Headlines Issue #131  ... Read More
27 Sep 2024
Bilateral Cooperation
Manufacturing
Mining
+2
Indonesian Communications Minister Meets with U.S. Ambassador to Discuss Submarine Cable and Satellite Investment
Indonesia's Minister of Communication and Informatics, Budi Arie Setiadi, held a meeting with the U.S. Ambassador to Indonesia, Kamala Shirin Lakhdhir, at the ministry’s office in Jakarta on Thursday  ... Read More
26 Sep 2024
Business News
ICT & Digital Economy
Investment
Jokowi Breaks Ground on First Foreign Investment in Indonesia’s New Capital
President Joko "Jokowi" Widodo officially broke ground on Wednesday for the first foreign investment project in Indonesia's new capital, Nusantara. The project, backed by the Chinese property firm Del  ... Read More
25 Sep 2024
Business News
IKN
Investment