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
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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
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24 Jul 2023
Textiles
This Week’s Headlines (15 - 21 July 2023)
Business-Indonesia This Week's Headlines Issue #80
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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
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20 Jul 2023
Economy
Trade
This Week’s Headline (8 - 14 July 2023)
Business-Indonesia This Week’s Headline Issue #79
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14 Jul 2023
Commodities
Economy
Mining
+1
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
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12 Jul 2023
Infrastructure
Investment
This Week's Headlines (1 - 7 July 2023)
Business-Indonesia This Week's Headlines Issue #78
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07 Jul 2023
Economy
Electric Vehicles
Mining
+1
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.
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05 Jul 2023
Economy
This Week’s Headlines (24 - 30 June 2023)
Business-Indonesia This Week's Headlines Issue #77
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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
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28 Jun 2023
Bilateral Trade
News
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