Latest Updates | Business-Indonesia

Indonesia secures US$11.5 Bn Investment for glass, solar panels

The Indonesian government secured a US$ 11.5 billion investment pledge with the world’s biggest glass producer, Hong Kong-Based Xinyi Glass Holdings Ltd., during President Joko Widodo's (Jokowi)

02 Aug 2023

Energy Transition

Investment

Manufacturing

This Week’s Headlines (22 - 28 July 2023)

Business-Indonesia This Week's Headlines Issue #81

28 Jul 2023

Economy

Export & Import

Investment

Indonesia to provide more incentives for EV manufacturers

Indonesia is finalizing a new set of incentives in its effort to attract investment from EV companies, a senior minister said, as the country keeps up negotiations with major EV companies like

26 Jul 2023

Automotive

Electric Vehicles

Energy Transition

Indonesia’s textile industry requires regeneration, innovation

The COVID-19 pandemic, followed by Russia's invasion of Ukraine, has had a detrimental impact on Indonesia's already ailing textile industry. The sector was already facing difficulties as it had to

24 Jul 2023

Textiles

This Week’s Headlines (15 - 21 July 2023)

Business-Indonesia This Week's Headlines Issue #80

21 Jul 2023

Investment

This Week's Headlines

Indonesia Records 38 Straight Months of Trade Surpluses

Indonesia’s Statistics Agency (BPS) recorded a trade surplus of US$3.45 billion (Rp 51.6 trillion) in June 2023, extending Indonesia’s positive balance in international trade that has lasted since

20 Jul 2023

Economy

Trade

This Week’s Headline (8 - 14 July 2023)

Business-Indonesia This Week’s Headline Issue #79

14 Jul 2023

Commodities

Economy

Mining

Indonesia pushes onwards on implementation of MLFF Toll Road System

Indonesia remains on course for the implementation of a Multi Lane Free Flow (MLFF) non-stop toll system with partnering Hungarian company Roatex Ltd. Zrt, which has claimed that it has realized more

12 Jul 2023

Infrastructure

Investment

This Week's Headlines (1 - 7 July 2023)

Business-Indonesia This Week's Headlines Issue #78

07 Jul 2023

Economy

Electric Vehicles

Mining

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

News