Business News
Energy Minister Bahlil to Streamline Renewable Energy Investment Requirements
Indonesia’s Minister of Energy and Mineral Resources, Bahlil Lahadalia, is set to simplify investment requirements in the renewable energy sector to boost development. Bahlil highlighted that investors currently face years of delays just to establish facilities, compounded by the prolonged wait for other necessary approvals. This has contributed to the…
Indonesia's Geothermal Investment Reaches USD 8.7 Billion Over a Decade
Investment in Indonesia's geothermal sector over the past decade is estimated to have reached USD 8.7 billion, according to Energy and Mineral Resources Minister Bahlil Lahadalia in Jakarta. Lahadalia highlighted that over the past ten years, investment in geothermal power plants (PLTP) has seen a significant eightfold increase, with total…
Indonesia's Property Sector Attracts IDR 29.4 Trillion in Investment in H1 2024
Transparency in the real estate sector is more crucial than ever in times of uncertainty. Nations approaching the "most transparent" category continue to progress due to advancements in technology and AI investments, improved data availability, and clear sustainable commitments. This was highlighted in the Global Real Estate Transparency Index (GRETI)…
Riau's Exports Jump 20% in August, Led by Non-Migas Commodities
Riau Province reported a significant boost in its export value in August 2024, reaching USD 1.64 billion. This marks a 20.14% increase compared to the previous month, primarily driven by a surge in non-migas exports, which rose 24.57% to USD 1.50 billion. In contrast, migas exports declined by 13.99% to…
