Latest Updates | Business-Indonesia

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

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

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

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

23 Jul 2024

Business News

Mining

This Week's Headlines (Jul. 13 - 19, 2024)

Business-Indonesia This Week's Headlines Issue #121

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

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

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

16 Jul 2024

Economy

This Week's Headlines (Jul. 6 -12, 2024)

Business-Indonesia This Week’s Headlines Issue #120

12 Jul 2024

Economy

IKN

Mining

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)

11 Jul 2024

Energy

News