Indonesia Registers Investment Growth After Elections
According to the Investment Coordinating Board (BKPM), Foreign direct investment (FDI) in Indonesia grew by 18% y-o-y in the third quarter of 2019, indicating that market confidence has returned after peaceful legislative and presidential elections, which saw the ...
Indonesia’s First Spaceport to Operate in Papua
Indonesia is aiming to build the country’s first spaceport in Biak, Papua. This is to facilitate the National Institute of Aeronautics and Space (LAPAN)’s plan to pursue a larger rocket test launch, that could go up to 300km above earth. The planned spaceport...
Indonesia’s Halal Law Comes into Effect
Indonesia’s Halal Product Law came into effect as of 17 October 2019. The Halal Law regulates the processing, materials and certification of Halal products, on top of establishing partnerships with international Halal agencies. It is hoped that the Halal...