Indonesia offers 60 oil and gas blocks to global investors
SKK Migas, under the Ministry of Energy and Mineral Resources, recently announced that it will put out 60 oil and gas blocks for bidding to attract global investors to help realize Indonesia's vision of energy self-sufficiency. SKK Migas is launching this 60 oil...
Indonesia's financial markets have had a mixed recent performance, led by net foreign inflows into the stock market
Indonesia's financial markets have been mixed recently, with the stock market rising but the rupiah under pressure and 10-year bond yields falling, as investors focus on recent foreign exchange reserve data from the central bank and economic data from around the world.On June 6, Indonesia's composite stock price index (IHSG...
Global tin market supply changes as Prabowo overhauls tin mine
On October 6, President Prabowo went to Bangka Island to witness a crucial scene: the prosecution handed over six tin smelters, about 680 tons of tin ingots, and 108 pieces of heavy machinery seized to the state-owned enterprise PT Timah for trusteeship. During the same period, a large number of illegal mines were shut down, the sea...
Indonesia plans to invest $10 billion in the next three months
An investment move by Indonesia's sovereign wealth fund PT Danantara Investment Management (Persero) is on the horizon. According to Reuters, its chief investment officer said that for the three-month operating period starting October 2025, Danantar...
West Java Floating PV Plant Officially Opened
Indonesia Power (PLN IP), a subsidiary of Indonesia's national power utility PLN, and Indo ACWA Tenaga Saguling have jointly announced the official launch of the construction project of a 60 MW AC floating photovoltaic (PV) power plant located at the Saguling Reservoir in the West Java province....
Chinese and Korean companies cooperate to build stainless steel plant in Indonesia
South Korea's POSCO Steel (POSCO) and China's Qingshan Holding Group recently signed an agreement to cooperate in the construction of a stainless steel plant with an annual production capacity of 2 million tons in Morowali Industrial Park, Sulawesi, Indonesia. The total investment of the project exceeds 70.83 million U.S. dollars, POS...
China-Indonesia cooperation to boost agro-industry
Indonesia's Deputy Minister of Agriculture recently met with the visiting Chinese Vice Minister of Agriculture and Rural Affairs in Jakarta, the two sides reached four consensus on agricultural cooperation: the two sides will strengthen cooperation in rice research, focusing on the development of saline-tolerant rice varieties, to enhance Indonesia along...
Chery plans to build its own plant in Indonesia
Chinese automaker Chery Group is planning to build its own factory in Indonesia to produce its brands Jaecoo and Lepas.Currently, Chery relies on PT Handal Indonesia M...
Inbound Indonesian travelers' goods still need to be inspected after declaration
Indonesian Customs has clarified that even if a traveler's baggage is registered in the All-Indonesia system, it will still be inspected. Inspection of baggage items is an important part of the Customs process when passengers enter or leave the country. The purpose of All - Indonesia system registration is...
Indonesia to keep promoting waste-to-energy projects
BPI Danantara, Indonesia's investment management agency, has announced the advancement of a waste-to-energy project with an estimated investment of 2 to 3 trillion rupiah to process 1,000 tons of waste per day. The project is jointly implemented by local governments, ministries and companies, with technology partners for domestic...
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