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View all search resultsIndonesia's sovereign wealth fund and the China Exim Bank have signed an agreement to cooperate on investments in infrastructure, renewable energy and telecommunications, particularly for priority projects in Indonesia.
In 2022, Indonesia succeeded in increasing its production of strategic mineral and energy commodities, such as coal and nickel. The increased production has been a windfall for Indonesia, as 2022 has been a year of commodity price surges. However, the "business as usual" approach to mineral and energy mining often overlooks the concept of intertemporal optimization, which is of utmost importance for the sustainability of the mining industry itself.
Congressmen Sandro Marcos and Martin Romualdez -- the president's son and cousin respectively -- are among the six authors of the bill filed to the House of Representatives and will be examined by several committees before being debated in the house.
Indonesia Investment Authority’s involvement in a US$300 million funding to Traveloka is believed to be a good deal as it will help the sovereign wealth fund, seeing as how the unicorn is a leading player in the online travel agent market, which is deemed highly lucrative.
The Constitutional Court, ruling on Thursday a case brought by labour unions, said there were procedural flaws in the formation of the legislation passed last year, which the government had touted as potential a game-changer in luring foreign investment to Southeast Asia's biggest economy.
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