Business & Investment

Village co-ops to be funded by loans, not state budget: minister

Coordinating Minister for Food, Zulkifli Hasan, has clarified that the Rp3 billion (approximately US$184,457) initial ...

RI's property sector key to national growth: Hartarto

The Coordinating Ministry for Economic Affairs has said that the property sector has a strategic role as a driving ...

Indonesia, Google collaborate on AI accelerator for startups

The Ministry of Communication and Digital Affairs is collaborating with Google on the Startup Accelerator Southeast ...

Danantara steps in to steady Indonesia's $9.8B EV battery project

Deputy Minister of Industry Faisol Riza emphasized the significant role of the Indonesian Investment Management Agency ...

Jakarta-Surabaya high-speed train project still on: DEN

Chairperson of the National Economic Council (DEN), Luhut Binsar Pandjaitan, said the Jakarta-Surabaya high-speed train ...

Government optimistic about sustained Chinese investment flow

National Economic Council (DEN) Chairperson Luhut Binsar Pandjaitan is upbeat that Chinese investors will continue to ...

China's inbound tourism remains heating up amid improving environment

China's inbound tourism has maintained strong momentum, with a sharp rise in both international arrivals and ...

President greenlights Huayou as LG's EV project successor

President Prabowo Subianto has approved the Chinese consortium Huayou to succeed South Korea's LG in the US$9.8 ...

Indonesia secures US$4 bln in investment for Nusantara capital project

Total investment in Indonesia’s future capital, Nusantara—under development in East Kalimantan—has ...

Indonesia, Brazil seek to boost strategic industrial ties via BRICS

Indonesia and Brazil seek to intensify collaboration in the strategic industrial sector, which can have a direct impact ...

Indonesia, UK Parliament explore stronger economic ties

Representatives from the Indonesian Chamber of Commerce and Industry (Kadin) met with members of the UK Parliament to ...

Pertamina to tender 500 idle oil wells for reactivation in 2025

Indonesia's state-owned energy firm, Pertamina, will open a tender in 2025 to find partners for reactivating 500 ...

Rising operational costs prompt govt to evaluate domestic airfares

The Ministry of Transportation is reviewing domestic airfares in view of rising airline operational costs. During a ...

Indonesian govt targets illegal imports with strict sanctions

The Indonesian government will impose strict sanctions on illegal importers to protect domestic industries and ...

Indonesia to showcase energy potential at geothermal expo

Indonesia is set to host the 11th Indonesia International Geothermal Convention and Exhibition (IIGCE) on September ...