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23 October 2019
In 2018, the trade value between China and Indonesia reached 77.4 billion U.S. dollars, with China being Indonesia's largest trading partner for eight consecutive years. Currently, China is also Indonesia's third largest foreign direct... read more
21 October 2019
Indonesia in recent years has registered a steady growth at above 5 percent. Steady investment flows have also allowed Indonesia’s economy to expand at a rapid pace. Most notably, the Indonesian government has announced various policy... read more
18 October 2019
Stakeholders in Indonesia’s cigarette manufacturing industry were not amused when the Indonesian government announced its plans to raise minimum prices of cigarettes and to increase the excise tax on tobacco products per 1 January 2020.... read more
16 October 2019
  The Indonesian government is encouraging the development of creative industry particularly fashion to support the national economy, Manpower Minister Hanif Dhakiri has said. "The development of the fashion industry which belongs to... read more
14 October 2019
Toshiba Energy Systems & Solutions Corporation has signed a memorandum of understanding (MoU) with state-owned electricity company, Perusahaan Listrik Negara (PLN) to build hydrogen-based energy systems with zero CO2 emission to meet... read more
11 October 2019
The Research, Technology, and Higher Education Ministry has outlined a target of creating 4,900 technology-based startups until 2024. "From 2020 to 2024, the number (of technology-based startups) must triple. If the number is 1,307 now,... read more
09 October 2019
The sovereign wealth fund (SWF) to shortly be established by Indonesia and the United Arab Emirates (UAE) can be utilized for infrastructure development, including those in Indonesia’s new planned capital, a senior minister stated. The... read more
07 October 2019
Indonesia’s International Investment Position (IIP) recorded an increase in net liabilities in the second quarter (Q2) of 2019, brought on by its higher Foreign Financial Liabilities (FFL) position. At the end of Q2 of 2019,... read more
04 October 2019
Indonesia's trade balance recorded a US$0.09 billion surplus in August 2019, reversing the previous $0.06 billion trade deficit registered a month earlier. "The main contributor to the trade surplus in August 2019 was a larger non-oil... read more
02 October 2019
Indonesia, the official partner country of Hannover Messe 2020, the world's leading industrial technology and investment expo, will strive to center the world’s attention on its vast economic potentials. Indonesia will have a huge... read more