Prabowo Reaffirms Commitment to Nusantara Development Amid Transition
Indonesia's President-elect, Prabowo Subianto, has reaffirmed his commitment to the development of Nusantara, the country's future capital city, signaling a continuity of the ambitious project initiat
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14 Aug 2024
Business News
IKN
Indonesian Businesses Remain Optimistic Amid Global Challenges: UOB
The UOB Business Outlook Study 2024 reveals that small and medium enterprises (SMEs) and large companies in Indonesia maintain a strong sense of optimism despite facing high inflation and global econo
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13 Aug 2024
Business News
Economy
This Week’s Headlines Aug 3 – Aug 9 (Issue #124)
Business-Indonesia This Week's Headlines Issue #124
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09 Aug 2024
Economy
Energy Transition
IKN
+2
Two Manufacturers to Potentially Produce LFP Batteries Domestically for EVs
The Coordinating Ministry for Maritime and Investment Affairs noted that approximately US$1 billion in investments has flowed into the domestic renewable energy battery sector, part of which was aimed
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08 Aug 2024
Business News
Electric Vehicles
Energy Transition
Indonesia Inaugurates Anode Plant for EV Batteries
On Wednesday, Indonesia's President Joko Widodo, commonly known as Jokowi, inaugurated a new plant constructed by China's BTR New Material Group in collaboration with Singapore's Stellar Investment. T
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07 Aug 2024
Business News
Electric Vehicles
Energy Transition
BPS: Indonesia's Q2 2024 Economic Growth Slows to 5.05%
The Indonesian economy experienced slower growth in the second quarter of 2024, as reported by the Central Statistics Agency (BPS). The country's gross domestic product (GDP) at current prices
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06 Aug 2024
Business News
Economy
This Week’s Headlines July 27 – Aug 2 (Issue #123)
Business-Indonesia This Week's Headlines Issue #123
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02 Aug 2024
IKN
International Cooperation
This Week's Headlines
+1
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
News
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