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View all search resultsThe Committee for the Acceleration of Priority Infrastructure Delivery (KPPIP) recently published data showing that at least 30 national strategic projects (PSN) with a total value of Rp 165.3 trillion were completed – and ran smoothly – in 2019.
The year 2019 marked a new era in app-based motorcycle taxis as the government finally issued regulations years after the ride-hailing services hit the roads in most parts of Indonesia without any regulations.
Out of five renewable energy sources being developed in Indonesia, bioenergy saw the most progress this year as Indonesia escalated a policy mandating the use of biofuel-blended diesel. Otherwise, renewable energy development and investments are poised to fall behind annual targets.
The year past has seen one of Indonesia's top commodities in the global trade spotlight, with the country standing its ground in its spat with the EU while attempting to address the challenges of sustainability and farmers' welfare at home.
Aside from the MRT, this year Indonesia also saw major strides in large long-distance railway projects. The high-speed railway project connecting Jakarta and Bandung in West Java, for example, has made significant progress
Despite being deemed a resilient sector by market players because people always buy consumer goods regardless of the economic situation, the price index of those stock declined by 20.92 percent year-to-date (ytd) as of Dec. 18
Unable to compete in the domestic market, many textile companies were forced to close their factories. On the international market, meanwhile, while exports have trended upwards, Indonesian textile producers failed to tap into the market potential of the United States.
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