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Indonesia climbs 7 places, surpasses Malaysia, Japan and UK, in IMD competitiveness ranking News

https://business-indonesia.org/news/indonesia-climbs-7-places-surpasses-malaysia-japan-and-uk-in-imd-competitiveness-ranking

Indonesia has advanced to the 27th position in the 2024 IMD World Competitiveness Ranking (WCR), a significant improvement from 34th place in 2023, placing the nation ahead of Malaysia, Japan, and
Indonesia clocks in an all-time high trade surplus in 2022 News

https://business-indonesia.org/news/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 sur ...
Indonesia ends negative trend in foreign investment in 2020 News

https://business-indonesia.org/news/indonesia-ends-negative-trend-in-foreign-investment-in-2020

After two years of decline, there is an increase in foreign direct investment (FDI) in Indonesia. The reformed investment law should attract more funds in the future.
Indonesia exceeds 2022 investment target News

https://business-indonesia.org/news/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).
Indonesia expedites effort towards OECD Membership  News

https://business-indonesia.org/news/indonesia-expedites-effort-towards-oecd-membership

Indonesian is expediting its efforts to be a full member of the Organization for Economic Cooperation and Development's (OECD). Indonesian Trade Minister Zulkifli Hasan, in a meeting with the
Indonesia has massive potential in green housing and data centers News

https://business-indonesia.org/news/indonesia-has-massive-potential-in-green-housing-and-data-centers

The need for green buildings has increasingly become a defined priority worldwide. According to the Paris-based International Energy Agency, the operations of buildings account for 30% of global
Indonesia hits nine-year high GDP News

https://business-indonesia.org/news/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
Indonesia imposes 10% tax on e-cigarettes News

https://business-indonesia.org/news/indonesia-imposes-10-tax-on-e-cigarettes

A new regulation imposing a 10% tax on electronic cigarettes or e-cigarettes has been enacted by the Indonesian Ministry of Finance, effective from January 1, 2024.  As stipulated by Minister of
Indonesia inches closer towards moving its capital News

https://business-indonesia.org/news/indonesia-inches-closer-towards-moving-its-capital

President Joko Widodo’s decision of relocating Indonesia’s capital city from Jakarta in the island of Java to East Kalimantan has been given legal grounds. However, there still much to be done bef ...
Indonesia is walking the carbon capture talk News

https://business-indonesia.org/news/indonesia-is-walking-the-carbon-capture-talk

In early 2024, the Ministry of Energy and Mineral Resources (ESDM) revealed that Indonesia boasts a national carbon storage potential of 572 gigatons of CO2 in saline aquifers and an additional 4.85