#Investment Coordinating Board
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
News
153 Foreign Companies to Invest in Indonesia after Job Bill Passed

153 Foreign Companies to Invest in Indonesia after Job Bill Passed

Investment board says Indonesia's omnibus bill on job creation lures 153 foreign investors to locate projects in the country
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