Business News

Indonesia Reviews EV Incentives to Strengthen Industry and Reduce Energy Costs

The Indonesian government is currently evaluating a range of incentives for electric vehicles (EVs) as part of efforts to strengthen domestic industry performance and reduce national energy costs. The discussion involves key ministries, including the Ministry of Finance and the Ministry of Industry, focusing on policies that can accelerate EV…

Indonesia Prepares EV Incentives to Accelerate Green Mobility

Indonesia is set to introduce incentives for up to 100,000 electric cars starting in June 2026, reinforcing its commitment to sustainable transportation and economic growth. The initiative, announced by Finance Minister Purbaya Yudhi Sadewa, aims to accelerate electric vehicle (EV) adoption while strengthening domestic industry resilience. Details regarding the incentive…

Investment Drives Indonesia’s Strong Economic Growth Momentum

Indonesia’s economic performance continues to show encouraging progress, with investment playing a key role in sustaining growth. The country recorded economic growth of 5.61% year-on-year in early 2026, reflecting solid domestic activity and investor confidence. Government officials emphasized that this achievement signals a healthy and resilient economy supported by consistent…

Nickel Processing and Semiconductors Drive Indonesia’s Export Growth in Q1-2026

The processing industry has emerged as the primary catalyst for Indonesia’s export performance during the first quarter of 2026, with nickel and semiconductors leading the surge. This trend highlights a significant shift in the nation’s economic structure, moving away from raw material exports toward high-value downstream products. The robust growth…
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