Business News
Ministry of Investment: 30% of Indonesia's Total Investment Derives from Downstream Investments
Rosan Perkasa Roeslani, Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), revealed that downstream investment contributes approximately 30% of total investment in Indonesia, dominated by minerals, particularly nickel. The Ministry of Investment and Downstreaming is promoting downstreaming across various sectors, including agriculture, palm oil, and the marine…
The Indonesia-South Korea Collaboration Promotes New Investment in the Batang Industropolis Special Economic Zone
The Gwangyang Business Forum 2025 has seen Indonesia and South Korea further consolidate their strategic partnership. The event is an initiative organised by the Batang Industropolis Special Economic Zone (KEK Batang), the Gwangyang Bay Free Economic Zone, and the Indonesia Investment Promotion Center Seoul. During the forum, Indonesia emphasised its…
Exports of South Sumatra Coffee to Malaysia Totalled 19.8 Tons in Value of IDR 1.2 Billion
On 4 August 2025, 19.8 tons of South Sumatra coffee with an export value of IDR 1.2 billion were exported to Malaysia via the Port of Boom Baru Palembang. This shipment is part of a strategy to strengthen the export ecosystem for local products and enhance competitiveness on the global…
Indonesia to Have IDR 131 Trillion Giant Battery Factory in 2027
On 6 August 2025, the Minister of Energy and Mineral Resources, Bahlil Lahadalia, stated that the electric vehicle (EV) battery factory owned by Zhejiang Huayou Cobalt Co and Indonesia Battery Corporation, with an investment value of USD 8 billion or equivalent to IDR 131.07 trillion (IDR 16,379 exchange rate), is…
