News | Business Indonesia

This Week’s Headlines (18 - 24 Mar 2023)

This Week's Headlines Series
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
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.
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
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
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,

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Publication Date

This Week’s Headlines (18 - 24 Mar 2023)

This Week's Headlines Series

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

Regulatory Updates

This Week’s Headline (11 - 17 Mar 2023)

This Week's Headlines Series

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

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

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,

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.

Electric Vehicles

This Week's Headlines (25 Feb - 3 Mar 2023)

This Week's Headlines Series

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

This Week's Headlines (18 - 24 Feb 2023)

This Week's Headlines Series

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,

This Week’s Headline (11-17 Feb 2023)

This Week’s Headlines Series

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

This Week’s Headline (4 - 10 Feb 2023)

This Week's Headlines Series

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

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