Indonesia Looks to Boost its EV industry With New Incentives

"We are finalising negotiations with two big global car producers. We hope this new policy will make our position much…

3 weeks ago

Indonesia Eyes $320-Million Incentive Plan to Boost EV Sales

Indonesia is targeting 20% of overall car sales in 2025 being electric vehicles, chief economics minister Airlangga Hartarto said

3 months ago

Indonesia Will Launch $2-Billion EV Fund With China’s CATL

The fund will invest in the EV value chain to capture a market that is expected to grow fast globally,…

4 months ago

Indonesia GDP Growth Speeds Up But Below Expectations

Southeast Asia’s largest economy has been reaping the rewards an export boom due to high commodity prices

5 months ago

Indonesia’s Currency Under Siege From Unrelenting Dollar

Jakarta’s stock market is Asia's best performer this year and the rupiah held out against a forceful US dollar until…

5 months ago

Japan’s Toyota Pledges $1.8bn Indonesia EV Investment

Indonesia's chief economic minister Airlangga Hartarto met with Toyota vice-chairman Shigeru Hayakawa on Tuesday in Tokyo, the Jakarta ministry said

8 months ago

Indonesia Hails Deeper Trade Cooperation After China Visit

The leaders said they would increase trade and economic cooperation, especially in agriculture. Jakarta is trying to increase exports while…

8 months ago

Indonesia Sets Higher Standards for Peer-to-Peer Lenders

Financial services authorities have set a minimum capital requirement for lenders at a 25 billion rupiah ($1.67 million), much higher…

8 months ago

Foxconn Seen Looking at $2 Billion Indonesia EV Partnership

Azis Armand, chief executive of Indika, Indonesia's third biggest coal producer, said a feasibility study for the proposed joint venture…

8 months ago