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01 March 2019
Indonesian Trade Minister Enggartiasto Lukita said the Indonesian government plans to sign the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) in March 2019. Negotiations related to the IA-CEPA started back in 2010... read more
27 February 2019
The Indonesian government has invited American investors to invest in the digital economy and the development of "10 New Balis", a plan that aims to replicate the economic effects of tourism in Bali nationally. According to local... read more
25 February 2019
Indonesia and South Korea agreed on Tuesday to resume talks on a bilateral trade and investment agreement and aimed to sign a deal by November 2019. Speaking at a business conference in Jakarta, Trade Minister Enggartiasto Lukita said an... read more
22 February 2019
Indonesia wants to re-position its Batam island as an alternative shipping and manufacturing hub to Singapore with a potential to draw $60 billion in new investment. Batam and nearby islands -- located at less than 30 kilometers south of... read more
20 February 2019
The Batam free-trade zone consists of eight islands measuring 71,500 hectares. It’s grown in importance as an investment destination for foreign companies, especially Singaporean firms, given its location in one of the busiest shipping... read more
18 February 2019
Per 2 January 2019 operations of the online single submission (OSS) system are transferred from the Coordinating Ministry of Economic Affairs to the Indonesia Investment Coordinating Board (BKPM). The OSS system - based on (1) Presidential... read more
15 February 2019
Indonesia believes that Japanese investment in Indonesia, particularly the portfolio one, still has the potential to increase. Indonesia needs to maintain ties with Japanese investors and to furnish latest information on Indonesia`s economy... read more
13 February 2019
Going digital through mobile devices is a big game in Indonesia, especially in the e-commerce industry. Among the developing countries, Indonesia is a growing digital market with a +100 million internet population and an average of 87 percent of... read more
11 February 2019
Investment in the manufacture industry in 2018 reached Rp222.3 trillion. The largest domestic investment was recorded by the food industry at Rp39.1 trillion, followed by the chemical and pharmaceutical industry at Rp13.3 trillion. The largest... read more
08 February 2019
Based on observation over the past 15 years, the government has found out that investment usually slows down before elections. This year the implementation of simultaneous legislative and presidential elections to be held on April 17,... read more