Latest Updates | Business-Indonesia

Indonesia reacquires upper-middle-income status after growth rebound

A powerful post-pandemic recovery has brought Indonesia back to being categorized as an upper middle-income country based on the latest classification from the World Bank issued in July 2023.

05 Jul 2023

Economy

This Week’s Headlines (24 - 30 June 2023)

Business-Indonesia This Week's Headlines Issue #77

30 Jun 2023

Energy Transition

Investment

Indonesia secures US$500 mln investment in green energy sector

Indonesia has received an investment commitment amounting to US$500 million, or IDR 7.5 trillion, to build a solar panel and module manufacturing industry with a capacity of 5 gigawatts (GW) in the

28 Jun 2023

Bilateral Trade

This Week's Headlines (17 - 23 Jun 2023)

Business-Indonesia This Week's Headlines Issue #76

23 Jun 2023

COVID-19

Energy Transition

Infrastructure

Indonesia rakes in US$1.3 Bn investment proposal for EV supply chain

Indonesia has received a US$1.3 billion (roughly Rp 19.45 trillion) investment proposal for the country’s electric vehicle industry, Coordinating Minister for Maritime Affairs and Investment Luhut

22 Jun 2023

Electric Vehicles

Energy Transition

Investment

Indonesia’s Planned Health Bill Opens More Room for Foreign Investment in Pharmaceutical Industry

The value of Gross Domestic Product (GDP) at constant prices of Indonesia’s pharmaceutical sectors has shown a steady rise in the last five years: Rp 179.79 trillion (roughly US$11.98 billion in

21 Jun 2023

Health & Medical

Health Bill

Indonesia’s E-commerce revenue reaches US$51.9 Bn, highest in Southeast Asia

Indonesia stood the tallest among other Southeast Asian countries with US$51.9 billion, or around Rp 778.7 trillion, in e-commerce business revenue in 2022, a Singapore-based research and venture

21 Jun 2023

ICT & Digital Economy

This Week's Headlines (10 - 16 June 2023)

Business-Indonesia This Week's Headlines Issue #75

16 Jun 2023

Digital Economy

E-Commerce

Economy

Indonesian Parliament approves additional budget for IKN

The Indonesian Parliament (DPR) officially approved on Friday, June 6, the government’s request for additional funding to accelerate the construction of the New Capital City Nusantara (IKN or Nusantar

14 Jun 2023

IKN

This Week’s Headlines (3 - 9 June 2023)

Business-Indonesia This Week’s Headlines Issue #74

09 Jun 2023

News