Indonesia

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