Latest Updates

TikTok resumes Indonesian operation with US$1.5 Bn investment in Tokopedia 
Rapidly rising social media app TikTok, which is owned by China-based ByteDance, has resumed its Indonesian e-commerce operation through the acquisition of a 75% controlling stake of Tokopedia, the  ... Read More
13 Dec 2023
Digital Economy
E-Commerce
This Week’s Headlines (Dec 2 - 8,2023) 
Business-Indonesia This Week’s Headlines Issue #99  ... Read More
08 Dec 2023
Energy Transition
Infrastructure
Visa
Indonesia to establish Rp 2 trillion tourism fund
The Indonesian government is on track to establish an Indonesia Tourism Fund (ITF) by 2024, Indonesia’s Tourism and Creative Minister Sandiaga Uno announced following a limited meeting with President  ... Read More
07 Dec 2023
Investment
Tourism
ACWA Power unveils plans for 'more-than-$1bn' green hydrogen project in Indonesia
One of the developers behind the giant Neom green hydrogen facility has announced a plan to team up with two state-owned companies to build a renewable H2 project in Indonesia at a cost of more than  ... Read More
06 Dec 2023
Business News
Energy Transition
Hydrogen in Indonesia
+1
This Week’s Headlines (Nov 25 - Dec 1, 2023)
Business-Indonesia This Week’s Headlines Issue #98  ... Read More
01 Dec 2023
E-Commerce
Economy
Energy Transition
BI to keep rate steady until 2024
Bank Indonesia (BI) will maintain its benchmark interest rate at its current level of 6% until 2024 barring any major changes in global dynamics, BI Governor Perry Warjiyo said on  ... Read More
29 Nov 2023
Economy
This Week’s Headlines (Nov 18 – 24, 2023)
Business-Indonesia This Week’s Headlines Issue #97  ... Read More
24 Nov 2023
Economy
Energy Transition
This Week's Headlines
Indonesia kickstarts policy plan for JETP-fund driven energy transition
The Indonesian government, on Tuesday, November 21, 2023, finally launched its Comprehensive Investment Policy Plan (CIPP) in its effort to realize the US$20 billion (or roughly Rp 311.4 trillion)  ... Read More
22 Nov 2023
Bilateral Cooperation
Energy Transition
PLN Launches 21 Green Hydrogen Plants; Highest in Southeast Asia
Indonesian-owned electricity giant PT PLN inaugurated 21 Green Hydrogen Plants (GHP) spread across the archipelago at the Tanjung Priok Steam Gas Power Plant (PLTGU), Jakarta on Monday, November 20  ... Read More
21 Nov 2023
Business News
Energy Transition
Hydrogen in Indonesia
+1
This Week’s Headlines (Nov 11 - 17, 2023)
Business-Indonesia This Week’s Headlines Issue #96   ... Read More
17 Nov 2023
Automotive
Electric Vehicles
Energy Transition
+3