Business News

Indonesia Invites EU to Optimize Renewable Energy Potential

Indonesia emphasized the critical need for foreign investment to harness its vast renewable energy resources at the Indonesia-Europe Investment Summit 2024, held on 9 December in Jakarta. Minister of Investment and Downstreaming Rosan Perkasa Roeslani highlighted Indonesia's 3,700 GW potential from solar, hydro, geothermal, wind, and tidal energy, which remains…

Indonesia SEZ Business Forum 2024: Driving Global Synergy to Maximize Investment

Indonesia remains committed to achieving its ambitious economic growth target of 8%, emphasizing increased investment realization through Special Economic Zones (SEZ). Under President Prabowo Subianto's directive, SEZ policies have been optimized as catalysts for attracting global investment. This commitment was highlighted during the Indonesia SEZ Business Forum 2024 themed "Diversifying…

Indonesia’s Ambitious 8% Economic Growth Target, EU Envoy: Possible

The European Union (EU) Ambassador to Indonesia and Brunei Darussalam, Denis Chaibi, has expressed support for Indonesia's ambitious economic growth target of 8%, set by President Prabowo Subianto's administration. Speaking at the 2024 Indonesia-Europe Investment Summit in Jakarta on December 9, Chaibi remarked that if achieved sustainably, this growth could…

Indonesia's Motorcycle Sales Hit 5.9 Million Units from January-November 2024

Motorcycle sales in Indonesia reached 5.93 million units during January-November 2024, marking a slight increase from 5.81 million units in the same period last year, according to the Indonesian Motorcycle Industry Association (AISI). Despite a dip in November's sales to 512,942 units from October's 544,392 units, the overall growth in…
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