The government plans to subsidize the purchase of electric motorcycles by Rp7 million per unit. This move aims to support the target of two million electric motorcycle units by 2025. New brands are emerging, but big companies dominate.
Greater Jakarta will have nine new malls by 2025, even though occupancy rates in Jakarta and Bodetabek (Bogor, Depok, Tangerang, and Bekasi) are declining, even before the Covid-19 pandemic, according to property consultant Colliers.
Contemporary Amperex Technology Co. Limited (CATL), a manufacturer of lithium-ion (li-ion) batteries for electric vehicles from China, is expanding its investment in Indonesia.
BPOM announced that products from three pharmaceutical companies contain ethylene glycol (EG) and diethylene glycol (DEG) above the safe limit of 0.1 mg/ml. Some products have levels up to 48 mg/ml (480 times).
PT Global Niaga Tbk or Blibli targets Rp 8.17 trillion in IPO on 4 November 2022. This Djarum Group's e-commerce IPO value is the fifth largest on the Indonesia Stock Exchange.