UAE Signs Economic Treaty with Indonesia to Spur Trade

UAE Signs Economic Treaty with Indonesia to Spur Trade

The UAE and Indonesia struck a broad economic agreement that would reduce tariffs and promote bilateral trade. According to a statement from the Indonesian trade minister, the pact would increase exports to the UAE by 54% over the next ten years by eliminating almost...
Indonesia to Strengthen Naval Security Ties with Japan

Indonesia to Strengthen Naval Security Ties with Japan

Japan’s Ground Self-Defence Force will take part in the Garuda Shield multilateral training exercise held by Indonesia next month for the first time with the US and Australia. The yearly drills, which usually take place between Indonesia and the United States,...
Indonesia and the UK Launch Low Carbon Transportation Program

Indonesia and the UK Launch Low Carbon Transportation Program

The governments of Indonesia and the United Kingdom have decided to work together on a low-carbon transportation development program in Indonesia dubbed ‘Future Cities: UK-Indonesia Low Carbon Partnership’. This program is the first stage in the two...
Indonesian Leading Mini-Markets to Exceed 40,000 Units

Indonesian Leading Mini-Markets to Exceed 40,000 Units

It has been recently projected that the stores of Indonesia’s two largest minimarket operators will exceed 40,000 units by the end of 2022 as their sales increase. In the first quarter of 2022, the average daily sales of PT Sumber Alfaria Trijaya Tbk (Alfamart),...
South Korean Giant Starts Nickel Processing Plants in Indonesia

South Korean Giant Starts Nickel Processing Plants in Indonesia

South Korea’s LG Energy Solution (LGES) just announced that it began construction of a nickel processing plant in Indonesia as part of a USD 9.8 billion investment in the country to produce electric vehicle batteries. LGES revealed that the company would build a...
Indonesia and UK Agree to Intensify Renewable Energy Cooperation

Indonesia and UK Agree to Intensify Renewable Energy Cooperation

On the sidelines of the G7 Summit in Elmau, Germany, the Indonesian President and the Prime Minister of the United Kingdom spoke bilaterally. During the meeting, the two leaders emphasized the importance of the two nations’ bilateral relationship. They agreed to...