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This Week's Headlines (Jul. 13 - 19, 2024)

Business-Indonesia This Week's Headlines Issue #121

19 Jul 2024

Economy

Financial

Jokowi Returns from Abu Dhabi, Brings Nickel Cooperation and IKN Investment

President Joko Widodo (Jokowi) has concluded his state visit to Abu Dhabi, United Arab Emirates (UAE). He arrived at the Halim Perdanakusuma Air Force Base in Jakarta at around 4:05 AM Western Indones

18 Jul 2024

Energy Transition

IKN

Investment

Indonesian Government Forms Task Force to Address High Domestic Airfare Prices

The Indonesian government has formed a task force to address the issue of high domestic airfare prices, which have remained elevated since the COVID-19 pandemic. This initiative aims to reduce ticket

17 Jul 2024

Tourism

Indonesia's Trade Balance Surplus Narrows to US$2.39 Billion in June 2024

Indonesia’s trade balance surplus decreased to US$2.39 billion in June 2024, a reduction of $0.54 billion from the previous month’s $2.92 billion, according to Indonesia's Central Statistics Agency

16 Jul 2024

Economy

This Week's Headlines (Jul. 6 -12, 2024)

Business-Indonesia This Week’s Headlines Issue #120

12 Jul 2024

Economy

IKN

Mining

Nuclear Power Included in Indonesia's 2033 Electricity Generation Plan

The Indonesian government has officially included nuclear power in its 2033 National Electricity General Plan (RUKN). This decision was confirmed by the Ministry of Energy and Mineral Resources (ESDM)

11 Jul 2024

Energy

Eramet Explores Electric Battery Project Collaboration with Chinese Company

French mining company Eramet SA is exploring a collaboration with Zhejiang Huayou Cobalt Co (Huayou) to produce nickel, which will be used as raw material for electric vehicle batteries in Indonesia.

09 Jul 2024

Energy Transition

Mining

This Week’s Headlines (Jun. 29-Jul. 5, 2024)

Business-Indonesia This Week's Headlines Issue #119

05 Jul 2024

Economy

Energy

Trade

Jokowi Inaugurates Indonesia's First EV Battery Factory

On Wednesday, July 3, 2024, President Joko Widodo (Jokowi) inaugurated Indonesia's first electric vehicle (EV) battery factory, operated by Hyundai LG Indonesia (HLI) Green Power, in Karawang New

03 Jul 2024

Electric Vehicles

Manufacturing

Jokowi Calls for Reduction in Medicine and Medical Equipment Prices

Indonesian President Joko Widodo has urged his ministers to lower the prices of medicines and medical equipment. Jokowi wants the prices of medical devices and medicines to be comparable to those in

03 Jul 2024

Health & Medical

News