Business News
Nickel-rich Indonesia draws global suppliers of EV battery materials
The latest push sees Indonesia tapping into its rich nickel ore reserves to meet a rising demand for the metal from electric battery producers. Alongside feeding its stainless steel industry, Indonesia now wants to reserve a portion of its nickel ore for the production of lithium-ion batteries used to power…
ASEAN Needs A Green New Deal
Tropical cyclones that form over Southeast Asia’s Savu Sea do not typically hit land. But in early April, Cyclone Seroja created a path of destruction across Indonesian islands and East Timor. Within days, more than 200 people were dead or missing and 2,000 buildings damaged. Seroja is the latest reminder…
Palm Oil Contributes Significantly to Indonesia's Exports, Says Minister
Indonesia's food and beverage industry, particularly palm oil, has contributed significantly to the country's exports, in addition to base metal industry and chemical product and chemical industry. The food and beverage industry contributed US$9.69 billion, the base metal industry at US$5.87 billion, and the chemical product and chemical industry amounting…
Why Indonesia makes for a solid investment: Fidelity
As we look ahead at the trajectories of Asean nations coming out of the pandemic, which markets, and which sectors will make solid investments? Fidelity’s Portfolio Manager, Madeleine Kuang, discusses the drivers and opportunities that make Indonesia an attractive market for entry. Indonesia lies at the heart of the Asean…
