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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This Week’s Headlines (28 Jan - 3 Feb 2023)

This Week's Headlines Series

This Week's Headlines

Indonesia kicks off ASEAN Chairmanship 2023

President Joko Widodo officially kicked off the Indonesian Chairmanship of ASEAN at Hotel Indonesia Roundabout during the Motor Vehicle Free Day (HBKB) on Sunday, January 29, 2023. Participating in

This Week's Headlines (20 - 27 Jan 2023)

This Week's Headlines Series

This Week's Headlines

Indonesia exceeds 2022 investment target

The Ministry of Investment (BKPM) recorded a realized investment of Rp 314.8 trillion in the fourth quarter of 2022. This was an increase of 2.3% Quarter on Quarter (QoQ) and 30.3% Year on Year (YoY).

25 Jan 2023

Investment

Indonesia’s food packaging industry remains resilient

Despite a slight decline due to the economic impact of the COVID-19 pandemic, the country’s food packaging industry remains resilient and is poised to maintain its positive growth trajectory.

This Week's Headlines (14 -20 Jan 2023)

This Week's Headlines Series

Indonesia clocks in an all-time high trade surplus in 2022

On a year-on-year basis, Indonesia's total trade surplus in 2022 reached US$54.46 billion – far more than 2021’s trade surplus of $35.54 billion, and further above the last record annual trade surplus

This Week's Healines (7 - 13 Jan 2023)

This Week's Headlines Series

This Week's Headlines

Indonesia and Malaysia strengthen bilateral ties

Malaysian Prime Minister Anwar Ibrahim paid his first official visit to Indonesia on January 8 to 9, 2023, at the invitation of the President of the Republic of Indonesia Joko Widodo. This was also

This Week's Headlines (31 Dec 2022 - 6 Jan 2023)

This Week's Headlines Series

This Week's Headlines

Bauxite Export Ban Starting Mid 2023

Indonesia will impose a bauxite export ban starting from June 2023, President Joko Widodo announced from the Presidential Palace in Jakarta on December 21, 2022. This decision was taken to reduce

Govt. lifts all COVID-19 restrictions

The Indonesian government has decided to lift its public activity restriction policy on COVID-19 in light of steadily declining infection rates in the country.

Indonesian construction market steadily recovers

Apart from some operational disruptions due to the Russia-Ukraine war and the still-ongoing pandemic, the construction industry in Indonesia – which is segmented by the key sectors of commercial,

This Week's Headlines (10 - 16 Dec 2022)

This Week's Headlines Series

Easing Business Visit to Indonesia with e-VoA

The Directorate General of Immigration of the Republic of Indonesia (“Director-General”) has issued Circular No. IMI-0794-GR.01.01 of 2022 concerning Immigration Policies for the e-Voa, Visa-on-

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