Latest News

March 28, 2025

Indonesia and Japan have agreed through the signing of the Letter of Intent (LOI) in Implementing the Kayan Hydropower Project on Feb. 28, 2025, to encourage sustainability in the development of the Kayan Hydropower Plant in Peso District, North Kalimantan Province in support of Indonesia's clean energy transition.

March 28, 2025

Jambi Province's export value contracted by 21.46 percent month-to-month (mtm) from US$216.99 million in December 2024 to US$170.42 million in January 2025. Statistics Indonesia (BPS) Jambi Head Agus Sudibyo explained that the main cause of Jambi's export value decline was the drop in exports of fish and shrimp, vegetable oil, rubber and their derived products, plywood and other derived products, oil and gas, as well as coal.

March 28, 2025

East Nusa Tenggara Governor Melki Laka Lena and East Sumba Deputy Regent Yonathan Hani signed a strategic cooperation agreement on behalf of East Nusa Tenggara and East Sumba Regency, East Nusa Tenggara, respectively, with Jakarta Special Capital Region (DKI) Governor Pramono Anung in a closed meeting held on Mar. 22, 2025.

March 28, 2025

East Java Governor Khofifah Indar Parawansa conveyed East Java's readiness to be a friendly host for investment, which she noted has been proven by the provision of ease of investment facilities, while accompanying President Prabowo Subianto to inaugurate PT Freeport Indonesia (PTFI)'s precious metal refinery (PMR) in the Java Integrated Industrial and Port Estate (JIIPE), Gresik Regency, East Java on Mar. 17, 2025.

March 27, 2025

Chinese motorcycle company Qianjiang Motorcycle Group (QJMotor) is building a new factory in the town of Cikarang, Bekasi Regency, West Java, with around Rp165.9 billion investment. The factory is expected to start operating in 2025 and to strengthen QJMotor's position in the Indonesian automotive industry, while also expanding its market in Southeast Asia.

March 27, 2025

PT Freeport Indonesia (PTFI) informed that the development of the Kucing Liar underground mining project within Grasberg mine in Mimika Regency, Central Papua Province requires capital expenditure (capex) of US$500 million (about Rp8.2 trillion) per year. PTFI President Director Tony Wenas said that the estimated capex is needed for the next 7-8 years, adding that the Kucing Liar mine would be PTFI's fourth in the Grasberg area.

March 26, 2025

The development of a nuclear power plant (NPP) in Indonesia, which is planned to be on-grid in 2032, has apparently attracted the attention of Russia, China, and the United States (US). The Indonesian government is finalizing the plan to build the NPP to help achieve its 103 gigawatts (GW) electricity supply target.

March 26, 2025

Bitung Mayor Hengky Honandar, Bitung City Government Assistant III Benny Lontoh, and Bitung City Investment and One-Stop Integrated Service Agency (DPMPTSP) Head Pingkan Sondakh met with PT Innabridge Selaras Energi President Director Mutia Indaningsih and her staff at Tripel Sari Resto & Cafe on Mar. 25, 2025. The meeting was about Innabridge's plan to invest in Bitung City. Mutia stated that there is great potential in Bitung City.