Business News
Government to Simplify Regulations to Boost Renewable Energy Investment
The Minister of Investment and Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, has stated that the government aims to increase investment in the renewable energy (EBT) sector by two to three times in the coming years. This goal is part of Indonesia's broader strategy to accelerate the…
Indonesia Ranks Among Top 5 Global Carbon Emitters
Indonesia ranks as the fifth-largest exporter of carbon emissions globally, according to Climate Action Tracker. Carbon emissions from exports refer to the greenhouse gases released from fossil fuels produced and shipped abroad. While the Paris Agreement does not require countries to report these emissions, Climate Action Tracker analyzed the impact…
Indonesia Exports First EV Battery Precursor to Tesla This Month
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia revealed that Indonesia has started its first export of electric vehicle (EV) battery precursors to the United States this month, intended for Elon Musk's company, Tesla. The precursors come from a nickel processing plant located in the Weda Bay Industrial Zone…
The Government Collaborates to Build Economic Independence in Transmigration Areas
The Ministry of Cooperatives (Kemenkop) and the Ministry of Transmigration (KemenTrans) are collaborating to boost the economy in transmigration areas, which face significant development challenges. Announced on November 25, 2024, the collaboration focuses on empowering local communities by establishing cooperatives. Minister of Cooperatives Budi Arie Setiadi emphasized that cooperatives would…
