Indonesia Allocates USD 9.3 Billion for 2022 Defense Budget

Indonesia Allocates USD 9.3 Billion for 2022 Defense Budget

Aug 28, 2021

The Indonesian government has revealed a 2022 defense budget of IDR 134.1 trillion (USD 9.3 billion). According to the Ministry of Finance, the number reflects a 12% increase compared with the allocation of IDR 120.1 trillion (USD 8.3 billion) for the 2021 budget. The...
Indonesia to Introduce Two New Special Economic Zones in Batam

Indonesia to Introduce Two New Special Economic Zones in Batam

Aug 28, 2021

Indonesia has announced plans to establish two new special economic zones (SEZs) in Batam. The new SEZs, Nongsa Digital Park and Batam Aero Technic, are being developed to support a number of industries in the island city. While the Nongsa Digital Park places emphasis...
Indonesian to Establish Center for Laptop Production

Indonesian to Establish Center for Laptop Production

Aug 28, 2021

The Indonesian Ministry of Industry has announced plans to create an Engineering Center for laptop production, in order to build a market for domestically produced laptops and invite investment in related industries. Among the main Engineering Center’s goals are to...
Cloud Kitchens Poised to Grow in Indonesia

Cloud Kitchens Poised to Grow in Indonesia

Aug 28, 2021

Due to the Covid-19 pandemic, Indonesia has witnessed a series of lockdowns and social restrictions which prompted as many as 1,600 food establishments to close their doors. The F&B industry has responded by growing online channels, while the rise of food delivery...
South Korea to Develop Income Model for Indonesia’s Peatlands

South Korea to Develop Income Model for Indonesia’s Peatlands

Jul 15, 2021

While Indonesia maintained its headline target to lower greenhouse gas emissions by 41% by 2030 with international assistance, the country has recently updated its adaptation measures and included a new long-term strategy for low carbon development in the document...