Latest Updates

Goods and services, energy companies make up highest in LoIs for IKN
Out of the 209 Letters of Interests (LoI) received by the New Capital City Nusantara Authority (OIKN) from companies interested in investing in the US$33 billion project as of May 2023, companies  ... Read More
31 May 2023
Indonesia to launch golden visa soon
The Indonesian government will launch its Golden Visa scheme in the near future, Minister of Tourism and Creative Economy Sandiaga Uno announced following a cabinet meeting held between President  ... Read More
31 May 2023
Indonesia’s downstreaming policy gives its mining sector significant room for growth
Read our Mining Insight from the monthy Insights issue. Indonesia’s mining sector has seen its share in GDP contribution growing rapidly in the last five years, from just 7.18% in 2016 to over 12%  ... Read More
26 May 2023
This Week’s Headlines (20 - 26 May 2023)
Business-Indonesia This Week's Headlines Issue #74  ... Read More
26 May 2023
Indonesia, Japan signs agreements on IKN development
Indonesia and Japan have signed five memoranda of understanding (MoUs) and 24 letters of intent (LoIs) on the development of the New Capital City (IKN) project initiated by President Joko Widodo.  ... Read More
24 May 2023
This Week’s Headline (13 - 19 May 2023)
This Week's Headlines Series  ... Read More
19 May 2023
Indonesia’s trade surplus still beats expectations as export and import plunges
Indonesia posted another trade surplus at the end of April 2023 despite steep drops in both exports and imports amidst declining commodity prices. Indonesia exports in April 2023 dropped  ... Read More
17 May 2023
This Week's Headlines (6 - 12 May 2023)
This Week's Headlines Series  ... Read More
12 May 2023
Indonesia overtakes Australia as second world largest cobalt producer in 2022
Indonesia emerged as the second largest producer of cobalt, overtaking established producers like Australia and The Philippines with 5% of the supply in 2022, according to a report from UK-based  ... Read More
10 May 2023
This Week's Headlines (29 Apr - 5 May 2023)
This Week's Headlines Series  ... Read More
05 May 2023