Business News
Indonesia Plans Sumatra Oil Storage Facility to Strengthen Energy Reserves
Indonesia is preparing to develop a new oil storage facility on Nipah Island, Riau Islands Province, as part of efforts to strengthen national energy security and improve strategic reserves. The project is expected to support the country’s long-term energy resilience by increasing domestic storage capacity and improving fuel supply management.…
Indonesia Promotes Sustainable Tourism to Reduce Carbon Emissions
Indonesia’s Ministry of Forestry is strengthening cross-sector collaboration to advance sustainable tourism while supporting the country’s FOLU Net Sink 2030 climate target. Officials emphasized that tourism activities can continue to grow without compromising environmental preservation, as long as they are supported by integrated management, coordinated infrastructure, and responsible environmental practices.…
Special Economic Zones Become Foreign Investment Magnet Through Easier Licensing and Green Industry Development
Indonesia’s Special Economic Zones (SEZs) are increasingly attracting foreign investors as the government strengthens efforts to simplify business licensing procedures and accelerate green industry development. The government continues to improve the investment climate through more efficient regulations, integrated licensing systems, and stronger environmental governance to support sustainable industrial growth. These…
European Investment in Indonesia Reaches IDR172.9 Trillion
Indonesia’s Investment Coordinating Board (BKPM) reported that total investment from European countries into Indonesia reached IDR172.9 trillion during the observed investment period. The investment inflow reflects Europe’s growing confidence in Indonesia’s economic potential, industrial development, and long-term business opportunities. Major investment contributions came from sectors such as basic chemicals, pharmaceuticals,…
