Business News
Over the Past 5 years, Automotive Investment Reached IDR 157 Trillion
Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani has stated that between 2020 and 2024, investment in the automotive sector reached IDR 157 trillion, indicating significant potential for the development of electric vehicles in Indonesia. Over the past five years, the automotive industry has…
Government to Offer Increased Incentives to EV Producers with High Domestic Component Level (TKDN)
The Investment and Downstream Minister and Head of the BKPM, Rosan Roeslani, has confirmed that the government will grant greater incentives to electric vehicle (EV) manufacturers with high domestic components (TKDN). Companies will receive higher incentives for TKDN content, with incentives increasing with the TKDN content. From March 2020 to…
Implementation of the Just Energy Transition Partnership (JETP), Through the Development of the Saguling Floating Solar Power Plant
The Just Energy Transition Partnership (JETP) was launched in 2022 by the Government of Indonesia and the International Partners Group (IPG) to promote a just and sustainable energy transition in Indonesia. It includes the Glasgow Financial Alliance for Net Zero (GFANZ) among its international partners. The JETP aims to facilitate…
The Indonesian Specialty Coffee Expo 2025 Recorded a Potential Transaction of IDR 498 billion
From 25-27 April 2025, the Specialty Coffee Expo (SCE) 2025 exhibition was held in Texas, United States. This year, SCE welcomed over 649 participants from various countries and attracted more than 17,000 visitors from 85 countries. Indonesia's participation in SCE 2025 was made possible through the collaboration of the Trade…
