Latest Updates

Indonesian Parliament approves additional budget for IKN
The Indonesian Parliament (DPR) officially approved on Friday, June 6, the government’s request for additional funding to accelerate the construction of the New Capital City Nusantara (IKN or Nusantar  ... Read More
14 Jun 2023
IKN
This Week’s Headlines (3 - 9 June 2023)
Business-Indonesia This Week’s Headlines Issue #74  ... Read More
09 Jun 2023
Indonesia to simplify e-bike subsidy scheme
The Indonesian government may be revising its electric motorcycle subsidy scheme and relax the subsidy's eligibility requirements to speed up e-bike adoption in the country.   ... Read More
07 Jun 2023
Electric Vehicles
National Strategy on Business and Human Rights expected to be signed in August
The Presidential Decree (Perpres) for the National Strategy on Business and Human Rights could be signed by the President as early as August of this year, an Indonesian senior official said.   ... Read More
05 Jun 2023
Construction
IKN
This Week’s Headlines (27 May - 2 Jun 2023)
Business-Indonesia This Week's Headlines Issue #75  ... Read More
02 Jun 2023
Goods and services, energy companies make up highest in LoIs for IKN
Out of the 209 Letters of Interests (LoI) received by the New Capital City Nusantara Authority (OIKN) from companies interested in investing in the US$33 billion project as of May 2023, companies  ... Read More
31 May 2023
IKN
Indonesia to launch golden visa soon
The Indonesian government will launch its Golden Visa scheme in the near future, Minister of Tourism and Creative Economy Sandiaga Uno announced following a cabinet meeting held between President  ... Read More
31 May 2023
Visa
Indonesia’s downstreaming policy gives its mining sector significant room for growth
Read our Mining Insight from the monthy Insights issue. Indonesia’s mining sector has seen its share in GDP contribution growing rapidly in the last five years, from just 7.18% in 2016 to over 12%  ... Read More
26 May 2023
This Week’s Headlines (20 - 26 May 2023)
Business-Indonesia This Week's Headlines Issue #74  ... Read More
26 May 2023
Indonesia, Japan signs agreements on IKN development
Indonesia and Japan have signed five memoranda of understanding (MoUs) and 24 letters of intent (LoIs) on the development of the New Capital City (IKN) project initiated by President Joko Widodo.  ... Read More
24 May 2023