Czech Prime Minister’s Visit Boosts Strategic Partnership with Indonesia
During Czech Prime Minister Petr Fiala’s visit to Indonesia in April 2023, MoUs were signed focusing on enhancing bilateral relations in healthcare, energy, education,...
A Guide to Indonesia’s Foreign Investment Trends and Key Infrastructure Projects
Indonesia is set to become the world's 7th largest economy by 2030, overtaking Germany and the United Kingdom. The country has experienced record inbound...
ASEAN Finance Ministers and Central Banks Consider Dropping US Dollar, Euro and Yen in favour of local currencies
ASEAN Finance Ministers and Central Bank Governors are meeting to discuss reducing dependence on major global currencies in favour of local currencies for financial...
Australia to Order Military Build-Up in Response to China’s Growing Power
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Sydney —
The Australian military will be rapidly transformed to prepare for a possible conflict between China and the United States.
An unclassified version of...
Indonesia and Singapore Sign Six MoUs to Enhance Bilateral Ties
Indonesia and Singapore have signed six memoranda of understanding (MoUs) to enhance bilateral ties in areas including renewable energy, sustainable housing development, knowledge sharing,...
Incentives for Doing Business in Indonesia
The Indonesian government has introduced enhanced incentives to attract foreign and domestic investment, with tax reductions for major investments, no import or excise duties,...
Indonesia Issues Incentives for New Capital City Project
Indonesia has issued various incentives to attract investments into its new capital city project, Nusantara, which is estimated to cost US$35bn to construct. The...
Indonesia’s Breakthrough Year for Foreign Investment in 2022
Indonesia received $43bn in foreign investment in 2022, a 44% increase from the previous year, with the metal mining industry being the top performer,...
