Latest Updates

Government Prepares Study for Giant Sea Wall Project on Java's Northern Coast
The Indonesian government is currently preparing a comprehensive study for the construction of a giant sea wall along the northern coast of Java Island. This initiative, aimed at addressing recurring  ... Read More
24 Jul 2024
Construction
Infrastructure
Despite significant challenges, Indonesia’s textile sector remains prospective 
Indonesia's textile industry faces significant hurdles due to global economic conditions. Factors such as high interest rates in the US and economic slowdowns in key markets like the US and Europe are  ... Read More
24 Jul 2024
Insights
Textiles
Government Expands Simbara System to Enhance Mining Sector Governance, Prevent Fraud 
The Indonesian government has expanded the Mineral and Coal Information System (Simbara) to include nickel and tin commodities, aiming to increase state revenue and improve governance in the mining  ... Read More
23 Jul 2024
Business News
Mining
This Week's Headlines (Jul. 13 - 19, 2024)
Business-Indonesia This Week's Headlines Issue #121  ... Read More
19 Jul 2024
Economy
Financial
Jokowi Returns from Abu Dhabi, Brings Nickel Cooperation and IKN Investment
President Joko Widodo (Jokowi) has concluded his state visit to Abu Dhabi, United Arab Emirates (UAE). He arrived at the Halim Perdanakusuma Air Force Base in Jakarta at around 4:05 AM Western Indones  ... Read More
18 Jul 2024
Energy Transition
IKN
Investment
Indonesian Government Forms Task Force to Address High Domestic Airfare Prices 
The Indonesian government has formed a task force to address the issue of high domestic airfare prices, which have remained elevated since the COVID-19 pandemic. This initiative aims to reduce ticket  ... Read More
17 Jul 2024
Tourism
Indonesia's Trade Balance Surplus Narrows to US$2.39 Billion in June 2024
Indonesia’s trade balance surplus decreased to US$2.39 billion in June 2024, a reduction of $0.54 billion from the previous month’s $2.92 billion, according to Indonesia's Central Statistics Agency  ... Read More
16 Jul 2024
Economy
This Week's Headlines (Jul. 6 -12, 2024)
Business-Indonesia This Week’s Headlines Issue #120  ... Read More
12 Jul 2024
Economy
IKN
Mining
+1
Nuclear Power Included in Indonesia's 2033 Electricity Generation Plan
The Indonesian government has officially included nuclear power in its 2033 National Electricity General Plan (RUKN). This decision was confirmed by the Ministry of Energy and Mineral Resources (ESDM)  ... Read More
11 Jul 2024
Energy
Eramet Explores Electric Battery Project Collaboration with Chinese Company 
French mining company Eramet SA is exploring a collaboration with Zhejiang Huayou Cobalt Co (Huayou) to produce nickel, which will be used as raw material for electric vehicle batteries in Indonesia.  ... Read More
09 Jul 2024
Energy Transition
Mining