Dirgantara Indonesia Inks $150m MRO Contract for C-130 Planes
Under the agreement, Dirgantara will be responsible for overall MRO support and ensuring the readiness of C-130 planes.
#MANUFACTURING
EU Ban on Russian Coal Drives Growth in Indonesian Mining Sector
Europe's decision to ban Russian coal has driven the foreign demand for the black rock and consequently expanded Indonesia's mining sector.
AUGUST 05 #ECONOMY
Indonesia's Economy Expands 5.44% in 2nd Quarter, Exceeding Expectation
Windfall revenue from commodity exports and strong consumption during the Islamic festive season drive the growth.
AUGUST 05 #ECONOMY
Jokowi Brings Back $11.9b in Investments from Japan, S. Korea
Japan and South Korea have been Indonesia's major sources of foreign direct investments in the past few years.
JULY 29 #ECONOMY
Toyota to Increase EV Investment in Indonesia
The company would increase its investment in electric vehicle production in Indonesia by Rp 27.1 trillion ($1.8 billion) until 2027.
JULY 28 #CORPORATE NEWS
China Agrees to Increase CPO Imports from Indonesia
The plan should help pare down the Southeast Asian producer's surplus inventories and prop up the commodity's prices for local farmers.
JULY 27 #COMMODITY
Mitsubishi Pledges $666m Investment, Tests xEV Use in Indonesia
The government welcomed Mitsubishi's plan and promised to provide support for the company.
JULY 26 #CORPORATE NEWS
Pandemic Causes Reversal in Poverty Reduction
The Covid-19 pandemic has increased the poverty rate in Indonesia.
Pandemic Causes Reversal in Poverty Reduction
The Covid-19 pandemic has increased the poverty rate in Indonesia.
August 02 #EYEWITNESS
Coal Magnate Boy Thohir Chairs China Committee, Seeks to Strengthen Bilateral Ties
The committee holds a strategic position in facilitating more than $100 billion in trade and investment between Indonesia and China.
JULY 25 #TRADE
ADB Upgrades Indonesia's Growth Projection to 5.2% in 2022 Amid Developing Asia Slowdown
Indonesia is one of the few countries in developing Asia and the Pacific that managed to shield itself from global economic setbacks.
JULY 21 #ECONOMY
Y20 Summit: ILO Calls for Formalization of Informal Economy
Formal registration of enterprises needs to be as simple as possible, according to ILO director-general Guy Ryder.
JULY 20 #ECONOMY
Indonesia FDI Accelerates to a New Record High in Q2 2022
Strong investment inflow highlights the country's robust economic recovery after two years of the Covid-19 pandemic.
JULY 20 #ECONOMY
40m Vehicles Operate on Indonesian Roads with $6.67b Tax Bills Unpaid
The police, governments, and insurers lost a key funding source to provide transportation services and protection to road users.
JULY 19 #POLICY
Zero Export Levies Give Second Wind for Palm Oil Producers
The government dropped export levies in a move to increase exports and reduce the country's high palm oil inventories.
JULY 19 #COMMODITY
Carbon Tax in 2022 Is Still on The Table Despite Delays
Carbon tax has been delayed two times in April and earlier this month due to inflation and global recession concerns.
JULY 15 #ENVIRONMENT
Jokowi Is Optimistic Indonesia to Reach 5.1% Growth in Q2
The optimism is supported by increasing public consumption and investment amid robust investors' confidence in the country.
JULY 14 #ECONOMY
Indonesia Delivers First Shipment of Chicken Carcasses to Singapore
Singapore turned to Indonesia for its chicken meat supplies after Malaysia abruptly halted the exports of chicken-based commodities.
JULY 13 #COMMODITY
Jokowi Recalls Past Experience with Government
The president said he had first-hand experience with how difficult it was to obtain a business permit from authorities.
JULY 13 #POLICY
G20 to Tackle Soaring Global Food Price
Global wheat supply from Russia and Ukraine had been hindered by their war and Western subsequent sanctions against Russia.
JULY 09 #COMMODITY
Telkomsel’s Investment in Gojek Is Key to Stay Competitive in Global Stage: Economist
This type of investment is executed by Telkom and other companies in the global market to stay competitive.
JULY 08 #CORPORATE NEWS
Forex Reserves Moves Up in June, but Further Rupiah Depreciation Expected
Ample reserves give assurance to financial system stability amid further rupiah depreciation.
JULY 07 #ECONOMY
