Latest Updates

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
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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
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
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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
Energy Transition
International Cooperation