Business & Investment

FLPP subsidized mortgages drive three million homes goal

The Housing Finance Liquidity Facility (FLPP) subsidized mortgage program is the flagship initiative supporting the ...

Indonesia loses Rp2 trillion annually in rice subsidy fraud: minister

The Indonesian government estimates annual state losses of Rp2 trillion (over US$123 million) due to the practice of ...

Indonesia relaxes import rules for 10 commodities, including footwear

The Indonesian government has introduced import relaxations for 10 commodities, Coordinating Minister for Economic ...

Indonesia’s EV battery plant targets local market: IBC

Most buyers of electric vehicle (EV) batteries from the Integrated Electric Battery Industry Ecosystem project in ...

Pertamina NRE interested in Indonesia's nuclear power development

Pertamina NRE, a subsidiary of Indonesia’s state-owned energy company Pertamina, has shown interest in ...

Indonesia to build fisheries, plantations on former mining sites

The Energy and Mineral Resources Ministry plans to diversify downstream activities in the fisheries and plantation ...

Indonesia launches US$5.9B EV battery hub, to create 8,000 jobs

The largest integrated electric vehicle battery industry ecosystem project in Southeast Asia, located in Karawang ...

Indonesia eyes fuel import cuts with Karawang EV battery factory

Indonesia could cut fuel imports by up to 300,000 kiloliters annually once the electric vehicle battery factory in ...

OJK warns against debt erasure scams

The Financial Services Authority (OJK) has warned the public not to fall for fraudulent debt erasure offers from ...

New EV battery factory megaproject brings US$6 bln investments

Energy and Mineral Resources Minister Bahlil Lahadalia stated that the integrated electric vehicle (EV) battery factory ...

Battery plant in Karawang to power up to 300 thousand cars: Minister

Energy and Mineral Resources Minister Bahlil Lahadalia stated that the electric vehicle (EV) battery plant project in ...

Prabowo breaks ground for EV battery plant construction in Karawang

The construction of the Integrated Electric Vehicle Battery Industry Ecosystem by the ANTAM-IBC-CBL consortium began as ...

Energy self-sufficiency to be achieved in six years, Prabowo declares

President Prabowo Subianto has expressed optimism that Indonesia can achieve energy self-sufficiency within the ...

Indonesia’s village co-ops to add 16,000 jobs in W Papua: official

The Indonesian government's project to establish village cooperatives across the country could potentially create ...

Indonesia's Bali Safari ready for tourist surge this holiday season

Bali Safari and Marine Park in Gianyar, Bali, is ready to welcome an expected surge in visitors during the holiday ...