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26 April 2019
The Trade Ministry has targeted to increase non-oil/non-gas exports by 8 percent or US$175.8 billion this year by benefiting from the rapid era of the industry 4.0. "This year, Indonesia has raised the target of non-oil/non-gas export... read more
24 April 2019
The Ministry of Industry has projected that the food and beverage industry can grow above 9 percent in 2019 due to additional investment. The government will continue to boost the performance of export-oriented industrial sectors, said Minister... read more
22 April 2019
The Indonesian government is seeking investment from Renault and Volvo to make electric vehicles as the country targets battery-powered automobiles to account for a quarter of the production by 2030. The government has asked Renault and Volvo... read more
19 April 2019
After nearly nine years of talks and negotiations (although communication between both sides had been put to a halt - amid diplomatic tensions – at more than one occasion over these nine years) Indonesia and Australia finally signed the... read more
17 April 2019
Credit rating agency Fitch Ratings announced on 14 March 2019 that it has affirmed Indonesia's long-term foreign-currency issuer default rating at 'BBB' with a stable outlook (investment grade level). This decision was particularly... read more
15 April 2019
President Joko “Jokowi” Widodo recently said that throughout his presidency he had met with countless investors who had expressed an interest in investing in Indonesia. However, most of them disappeared as soon as they dealt with... read more
12 April 2019
Indonesia’s nickel-related industries such as the production of stainless steel and battery materials are set to surpass the value of its second-biggest export earner, palm oil, in the next 10 to 15 years, its investment board chief said... read more
10 April 2019
Industry Minister Airlangga Hartarto said on Feb. 13 that Indonesia aimed for 20 percent of vehicle production to be EVs by 2025, representing about 400,000 vehicles. The deputy minister for industry, Harjanto, also said last December that... read more
08 April 2019
The twin threats of 2018 - a trade war between the United States and China moving in tandem with a hawkish Federal Reserve - buffeted currencies across emerging markets.  The three currencies that had been hit the most were those whose... read more
05 April 2019
Price pressures have been subdued with the basic food component pushing headline inflation closer to the lower-end of the 2.5-4.5% inflation target.  Meanwhile, prepared food, beverages, tobacco and utilities were the main contributors to... read more