News


News and information about business as well as COVID-19 developments in Indonesia.

Indonesia Records IDR 465.2 Trillion in Q1 2025 Investment, Up 15.9% from Last Year
The Ministry of Investment and Downstream Industry reports that Indonesia achieved IDR 465.2 trillion in total investment realization during the first quarter of 2025, reflecting a 15.9% increase
24 Apr 2025
Business News
Economy
Financial
LG Exits USD 8 Billion EV Battery Project in Indonesia
South Korean conglomerate LG has withdrawn from a major electric vehicle (EV) battery supply chain project in Indonesia, valued at approximately 11 trillion won (USD 8.45 billion).
23 Apr 2025
Business News
Electric Vehicles
International Cooperation
Indonesia and Denmark Deepen Strategic Partnership in Energy Transition
Indonesia and Denmark have reaffirmed and expanded their long-standing energy transition partnership with the signing of an updated cooperation agreement, building on their collaboration since 2015.
22 Apr 2025
Business News
Energy Transition
International Cooperation
Powering China-ASEAN Growth: Deutsche Bank Bridges Chinese Companies’ Strategic Expansion in Indonesia
Hosts First Chinese Client Event in Indonesia, Showcasing Cross-Border Capabilities Across Financing, Risk Management and Treasury Solutions
21 Apr 2025
International Cooperation
Partner News
Indonesia Sets March 2025 Crude Oil Price at USD 71.11 per Barrel Amid Global Market Pressures
The Ministry of Energy and Mineral Resources (ESDM) has announced the Indonesian Crude Price (ICP) for March 2025 at USD 71.11 per barrel. This figure reflects a decrease of 4.28%, or USD 3.18, from
17 Apr 2025
Business News
Economy
Energy