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Recession-Hit Singapore Dominates Q2 FDI in Indonesia: BKPM

Recession-Hit Singapore Dominates Q2 FDI in Indonesia: BKPM

Despite recession back home, Singapore tops foreign direct investments in Indonesia in the second quarter of this year
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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
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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
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