News


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

This Week’s Headlines (18 - 24 Mar 2023) 
This Week's Headlines Series
24 Mar 2023
This Week's Headlines
Govt. Grants Incentives to Attract Foreign Investors to IKN
On March 6, 2023, the Indonesian government issued Government Regulation (PP) No. 12/2023 on the granting of business licenses, ease of doing business, and investment facilities for business actors
22 Mar 2023
Construction
IKN
Regulatory Updates
This Week’s Headline (11 - 17 Mar 2023)
This Week's Headlines Series
17 Mar 2023
This Week's Headlines
Indonesia maintains steady expansion of its manufacturing sector 
Indonesia’s manufacturing sector remains expansive towards the end of the first quarter of 2023 and is expected to continue growing throughout the year as solid domestic demand should offset the
17 Mar 2023
Manufacturing
Indonesia looks to nearly double the revenue of furniture export
Furniture makers in Indonesia aim to reach US$5 billion from furniture and handicrafts exports by the end of 2024, up from $2.9 billion in 2022. This should be possible as long as the Indonesian
15 Mar 2023
Economy
For Indonesia, 2023 should be the year of energy transition
Since Russia launched a large-scale invasion of Ukraine back in February 2022, the global energy market has been hit hard. Most countries, including Indonesia, suffer from price volatility,
13 Mar 2023
Energy
Indonesia on track to becoming a global EV supply-chain player
Investments into the country’s nickel mining and processing industry is looking to grow even bigger as companies race to build capital and take advantage of Indonesia’s vast nickel reserves.
09 Mar 2023
Electric Vehicles
Mining
This Week's Headlines (25 Feb - 3 Mar 2023)
This Week's Headlines Series
03 Mar 2023
This Week's Headlines
Indonesia to Ease Event Permits
Indonesia plans to make it easier for events to be organized in the country. During a weekly briefing between the Ministry of Tourism and Creative Economy and the press on February 27, 2023, Minister
01 Mar 2023
Economy
This Week's Headlines (18 - 24 Feb 2023)
This Week's Headlines Series
24 Feb 2023
This Week's Headlines
Incentives for Electric Vehicles Kickstarts in March
The much-anticipated financial incentives for the purchase of electric vehicles are to start in March of this year, as announced after a coordination meeting between the Ministry of Transportation,
23 Feb 2023
Trade
This Week’s Headline (11-17 Feb 2023)
This Week’s Headlines Series
17 Feb 2023
This Week's Headlines
Indonesia, EU to accelerate CEPA negotiations
Indonesia and the European Union completed the 13th Round of the Indonesian-EU Comprehensive Economic Partnership Agreement (IEU CEPA) IEU CEPA negotiation. It was the first physical meeting for IEU
15 Feb 2023
Economy
This Week’s Headline (4 - 10 Feb 2023) 
This Week's Headlines Series
10 Feb 2023
This Week's Headlines
Indonesia hits nine-year high GDP
Indonesia’s annual gross domestic product (GDP) rose by 5.31 percent in 2022 – slightly above the 5.29% poll conducted by Reuters and the fastest growth since the last high point of 5.56% in
08 Feb 2023
Economy