Indonesia Experiences Three Consecutive Months of Deflation Due to Decline in Food and Beverage Consumption
The Central Statistics Agency (BPS) reported that Indonesia experienced a monthly deflation of 0.18% in July 2024, with the Consumer Price Index (CPI) dropping from 106.28 in June 2024 to 106.09 in Ju
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01 Aug 2024
Business News
Economy
Indonesia Accelerates Development of Carbon Capture Sector
The Indonesian government is intensifying efforts to develop its carbon capture and storage (CCS) industry to combat climate change, aiming to leverage its vast storage capacity in saline aquifers and
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31 Jul 2024
Business News
Energy Transition
Government Absorbs Rp 829 Trillion in Investment in First Half of 2024, Up 22.3%
The Ministry of Investment/Investment Coordinating Board (BKPM) recorded a total investment of Rp 829.9 trillion in the first half of this year, marking a 22.3% annual increase.
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30 Jul 2024
Business News
Investment
This Week’s Headlines July 20- 26 (Issue #121)
Business-Indonesia This Week's Headlines Issue #121
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26 Jul 2024
Infrastructure
Mining
Regulation
+1
Jokowi Officially Launches Golden Visa for Foreign Nationals
President Joko Widodo (Jokowi) launched the Golden Visa service at The Ritz-Carlton Hotel Jakarta on Thursday (25/7). On this occasion, Jokowi symbolically handed over the Golden Visa to the Coach of
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25 Jul 2024
Business News
Regulation
Visa
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
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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
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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
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23 Jul 2024
Business News
Mining
This Week's Headlines (Jul. 13 - 19, 2024)
Business-Indonesia This Week's Headlines Issue #121
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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
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18 Jul 2024
Energy Transition
IKN
Investment
News
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