Latest Updates

Indonesia secures US$500 mln investment in green energy sector
Indonesia has received an investment commitment amounting to US$500 million, or IDR 7.5 trillion, to build a solar panel and module manufacturing industry with a capacity of 5 gigawatts (GW) in the  ... Read More
28 Jun 2023
Bilateral Trade
This Week's Headlines (17 - 23 Jun 2023)
Business-Indonesia This Week's Headlines Issue #76  ... Read More
23 Jun 2023
COVID-19
Energy Transition
Infrastructure
+2
Indonesia rakes in US$1.3 Bn investment proposal for EV supply chain
Indonesia has received a US$1.3 billion (roughly Rp 19.45 trillion) investment proposal for the country’s electric vehicle industry, Coordinating Minister for Maritime Affairs and Investment Luhut  ... Read More
22 Jun 2023
Electric Vehicles
Energy Transition
Investment
Indonesia’s Planned Health Bill Opens More Room for Foreign Investment in Pharmaceutical Industry
The value of Gross Domestic Product (GDP) at constant prices of Indonesia’s pharmaceutical sectors has shown a steady rise in the last five years: Rp 179.79 trillion (roughly US$11.98 billion in  ... Read More
21 Jun 2023
Health & Medical
Health Bill
Indonesia’s E-commerce revenue reaches US$51.9 Bn, highest in Southeast Asia
Indonesia stood the tallest among other Southeast Asian countries with US$51.9 billion, or around Rp 778.7 trillion, in e-commerce business revenue in 2022, a Singapore-based research and venture  ... Read More
21 Jun 2023
ICT & Digital Economy
This Week's Headlines (10 - 16 June 2023)
Business-Indonesia This Week's Headlines Issue #75  ... Read More
16 Jun 2023
Digital Economy
E-Commerce
Economy
+2
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