News | Business-Indonesia

This Week’s Headlines July 20- 26 (Issue #121)

Business-Indonesia This Week's Headlines Issue #121

26 Jul 2024
Despite significant challenges, Indonesia’s textile sector remains prospective

Indonesia's textile industry faces significant hurdles due to global economic conditions. Factors such as high interest rates in the US and economic slowdowns in key markets like the US and Europe are

24 Jul 2024
Government Expands Simbara System to Enhance Mining Sector Governance, Prevent Fraud

The Indonesian government has expanded the Mineral and Coal Information System (Simbara) to include nickel and tin commodities, aiming to increase state revenue and improve governance in the mining

23 Jul 2024
Jokowi Returns from Abu Dhabi, Brings Nickel Cooperation and IKN Investment

President Joko Widodo (Jokowi) has concluded his state visit to Abu Dhabi, United Arab Emirates (UAE). He arrived at the Halim Perdanakusuma Air Force Base in Jakarta at around 4:05 AM Western Indones

18 Jul 2024
Indonesia's Trade Balance Surplus Narrows to US$2.39 Billion in June 2024

Indonesia’s trade balance surplus decreased to US$2.39 billion in June 2024, a reduction of $0.54 billion from the previous month’s $2.92 billion, according to Indonesia's Central Statistics Agency

16 Jul 2024
Indonesian Government Forms Task Force to Address High Domestic Airfare Prices

The Indonesian government has formed a task force to address the issue of high domestic airfare prices, which have remained elevated since the COVID-19 pandemic. This initiative aims to reduce ticket

17 Jul 2024

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Topic

Publication Date

Nuclear Power Included in Indonesia's 2033 Electricity Generation Plan

The Indonesian government has officially included nuclear power in its 2033 National Electricity General Plan (RUKN). This decision was confirmed by the Ministry of Energy and Mineral Resources (ESDM)

11 Jul 2024

Energy

Eramet Explores Electric Battery Project Collaboration with Chinese Company

French mining company Eramet SA is exploring a collaboration with Zhejiang Huayou Cobalt Co (Huayou) to produce nickel, which will be used as raw material for electric vehicle batteries in Indonesia.

Energy Transition

This Week’s Headlines (Jun. 29-Jul. 5, 2024)

Business-Indonesia This Week's Headlines Issue #119

Jokowi Inaugurates Indonesia's First EV Battery Factory

On Wednesday, July 3, 2024, President Joko Widodo (Jokowi) inaugurated Indonesia's first electric vehicle (EV) battery factory, operated by Hyundai LG Indonesia (HLI) Green Power, in Karawang New

Electric Vehicles

Jokowi Calls for Reduction in Medicine and Medical Equipment Prices

Indonesian President Joko Widodo has urged his ministers to lower the prices of medicines and medical equipment. Jokowi wants the prices of medical devices and medicines to be comparable to those in

Health & Medical

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