The Indonesian government intends to ban exports of several mineral commodities, such as tin, bauxite, and copper, in November 2022.
The government needs to review the low industrial gas prices policy by up US$6 per MMBTU for certain industries, as each gas field project has a different economic value.
As of Oct 5, Indonesia’s COVID-19 tally in the last 24 hours went up by 1,722 to 6,439,292 cases.
PT Astra Autoparts Tbk (AUTO) is preparing an electric vehicle ecosystem in Indonesia.
Singapore-based startup Una Brands secured US$30 million in funding from White Star Capital and Alpha JWC Ventures.
Freeport Indonesia has allocated an extra US$20 billion for mining development and copper downstream efforts in 2021-2041.
Venture builder Ecoxyztem raised funding from several investors, opening access to funding for greentech startups.
Nestle will focus on coffee plantation investments, particularly in major coffee bean-supplying countries like Indonesia.
Indonesia's PMI further expanded to 53.7 in September from 51.7 a month earlier.
Barclays estimates that mergers and acquisitions in the infrastructure sector will continue, particularly in Southeast Asia’s telecommunications sector.