Latest Updates

Sea Toll, Maritime initiatives continue to drive Indonesia’s shipbuilding sector
In 2020, the maritime industry contributed 11.3% to Indonesia’s total GDP and is expected to grow up to 12.5% by 2045. Given the extensive scope of Indonesia's maritime sector, its significance  ... Read More
17 Jan 2024
Logistics & Transports
Maritime
This Week’s Headlines (Jan. 6 - 12, 2024)
Business-Indonesia This Week’s Headlines Issue #103  ... Read More
12 Jan 2024
Economy
International Cooperation
Logistics & Transports
+1
BYD, Vinfast, rouses up EV competition in Indonesia
It may be noted that BYD has also expressed its long-term commitment to expanding its business expansion in Indonesia. The company is currently having ongoing negotiations with the Indonesian  ... Read More
10 Jan 2024
Electric Vehicles
This Week's Headlines (Dec. 30, 2023 - Jan 5, 2023)
Business-Indonesia This Week's Headlines Issue #102  ... Read More
05 Jan 2024
Economy
International Cooperation
Manufacturing
+1
Indonesia imposes 10% tax on e-cigarettes
A new regulation imposing a 10% tax on electronic cigarettes or e-cigarettes has been enacted by the Indonesian Ministry of Finance, effective from January 1, 2024.  As stipulated by Minister of  ... Read More
04 Jan 2024
Regulation
“Large” Lithium Reserve Discovered in Indonesia: Minister
A “large” reserve of lithium has been discovered in Indonesian territory, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, revealed at a press conference on his  ... Read More
27 Dec 2023
Energy Transition
Mining
This Week’s Headlines (Dec. 16 – 22, 2023)
Business-Indonesia This Week’s Headlines Issue #101   ... Read More
22 Dec 2023
COVID-19
Economy
IKN
Indonesia, Japan inks agreements for further cooperation in energy transition, infrastructure, trade 
The relationship between Indonesia and Japan will remain strong if the recent results from the back-to-back meetings between Indonesian President Joko “Jokowi” Widodo and Japan’s Prime Minister  ... Read More
20 Dec 2023
Energy Transition
Infrastructure
International Cooperation
+1
This Week’s Headlines (Dec. 9 – 15, 2023)
Business-Indonesia This Week’s Headlines Issue #100   ... Read More
15 Dec 2023
Electric Vehicles
Energy Transition
Visa
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