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North Maluku Administration Seeks Revocation of Widi Isle Permit

North Maluku Administration Seeks Revocation of Widi Isle Permit

Widi Isle caused an uproar following a recent report that the small island was up for auction in a global luxury real estate marketplace.
Business
Indonesia, South Korea’s LG Group Sign Electric Vehicle Battery MOU Worth $9.8 Billion

Indonesia, South Korea’s LG Group Sign Electric Vehicle Battery MOU Worth $9.8 Billion

Indonesia would be the first country in the world to integrate the electric battery industry from mining to producing electric car lithium batteries.
Business
Indonesia’s West Java Remains Foreign Investors' Choice Location despite High Minimum Wage

Indonesia’s West Java Remains Foreign Investors' Choice Location despite High Minimum Wage

West Java takes the biggest slice of the country's total foreign investment pie in first three quarters of 2020
News
President Jokowi Reprimands Senior Minister, Investment Chief over Low Investment

President Jokowi Reprimands Senior Minister, Investment Chief over Low Investment

Jokowi reprimands top government officials over six percent contraction in investment in Q3 2020
News
Omnibus Law Could Create 3 Million Jobs Next Year, Says Indonesia Investment Chief

Omnibus Law Could Create 3 Million Jobs Next Year, Says Indonesia Investment Chief

Indonesia's omnibus bill on job creation is expected to usher in at least three million new jobs as investors prepare to start new projects
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