Latest Updates

This Week’s Headlines Aug 3 – Aug 9 (Issue #124)
Business-Indonesia This Week's Headlines Issue #124  ... Read More
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  ... Read More
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  ... Read More
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  ... Read More
06 Aug 2024
Business News
Economy
This Week’s Headlines July 27 – Aug 2 (Issue #123)
Business-Indonesia This Week's Headlines Issue #123  ... Read More
02 Aug 2024
Bilateral Cooperation
IKN
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  ... Read More
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  ... Read More
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.  ... Read More
30 Jul 2024
Business News
Investment
This Week’s Headlines July 20- 26 (Issue #121)
Business-Indonesia This Week's Headlines Issue #121  ... Read More
26 Jul 2024
Infrastructure
Mining
Regulation
+1
Jokowi Officially Launches Golden Visa for Foreign Nationals
President Joko Widodo (Jokowi) launched the Golden Visa service at The Ritz-Carlton Hotel Jakarta on Thursday (25/7). On this occasion, Jokowi symbolically handed over the Golden Visa to the Coach of  ... Read More
25 Jul 2024
Business News
Regulation
Visa