Indonesia closely monitors COVID-19 situation World

Indonesia closely monitors COVID-19 situation

Indonesian Minister of Tourism and Creative Economy Sandiaga Uno said on December 18 that the COVID-19 situation remains under control, ensuring safety during the Christmas and New Year celebrations.
ADB supports Indonesia in building new capital World

ADB supports Indonesia in building new capital

Indonesia has received technical assistance from the Asian Development Bank (ADB) worth 37.22 billion Rp (2.4 million USD) to help develop its new capital city Nusantara in North Penajam Paser, East Kalimantan.
Indonesia relaxes tax rules on EV imports World

Indonesia relaxes tax rules on EV imports

In a bid to attract more investment to the electric vehicle (EV) sector, the Indonesian government has announced new regulations offering tax incentives to automakers planning to establish EV plants.
Indonesia pins hope on “downstreaming” to attract investment World

Indonesia pins hope on “downstreaming” to attract investment

Indonesia’s Investment Minister Bahlil Lahadalia on December 11 affirmed that the policy for the refinery industry – a process known locally as “downstreaming” including sectors that apply the sustainable principle, is key to achieving Indonesia's investment target of 1.65 quadrillion rupiahs (around 105.67 billion USD) in 2024.