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Coming Soon: Positive Investment List for foreign investors

Indonesia’s government is preparing to issue Presidential Regulation (PR) on investment business fields — dubbed the positive investment list — which aims to reduce the number of business sectors r...

Benefit of circular economy for Indonesia

The implementation of a circular economy could potentially contribute Rp593 trillion - Rp642 trillion to the gross domestic product in five industrial sectors, National Development Planning Ministr...

Singapore to be the top investor in Indonesia last year

Singapore remained the largest investor in Indonesia last year, with investments totaling US$9.8 billion, according to the Investment Coordinating Board (BKPM).Next was China with an investment of ...

Electric cars ready to hit the road

The Energy and Mineral Resources Ministry has projected 125 thousand electric cars and 1.34 million electric motorcycles to be operational in 2021, potentially reducing fuel oil consumption to 0.44...

Indonesia to cooperate with China on Covid-19 vaccine

China has voiced support for Indonesia to become a regional hub for COVID-19 vaccine production and is upbeat about both nations contributing to the development of human health.The cooperation betw...

What is the aim of Indonesia's Sovereign Wealth Fund?

Indonesia’s soon-to-be launched sovereign wealth fund (SWF) is targeting US$20bil in investment in the next few months, President Joko Widodo said, a larger sum than previously announced afte...

Export has increased in last year

The Central Statistics Agency (BPS) announced on Friday that Indonesia's export value in December 2020 had risen by nearly 14.63 percent year-on-year (yoy), from the corresponding period last year...

Investment in energy is needed in Indonesia

The Energy and Mineral Resources Ministry is targeting an investment of US$5.98 billion in the mineral and coal sub-sector in 2021. The investment target for 2021 is lower than the previous year'...

Indonesia's new wealth fund is ready to roll

The government is expected to decide this month on a chief for the fund, known as the Indonesia Investment Authority. President Joko Widodo has envisioned the wealth fund as a $100 billion effort ...

The problem with Indonesia's oil reserve

Energy and Mineral Resources Minister Arifin Tasrif projected Indonesia's petroleum reserves to be available for the next 9.5 years, while its natural gas reserves will last for almost two decades...

Foreign investors will return to Indonesia

Deutsche Bank Indonesia projects that investors will be lured back to the country's domestic capital market, given the stronger rupiah and supportive interest rates. The local arm of the German i...

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Will Indonesia's economy improve soon?

Indonesia’s economic situation is expected to improve soon, as the government is preparing a number of recovery plans, Coordinating Economic Minister Airlangga Hartanto has said. During a virtual d...