Indonesia economy

In seeding its state-owned fund with capital, Jakarta is hoping to target investments in strategic sectors.

The regulation, which intends to make Indonesia a more attractive destination for foreign investment, has been staunchly opposed by unions and environmental groups.

Despite the government's expansive vision, purpose-built, concept-driven projects like Nusantara have a poor track record of success.

Whether the $34 billion Nusantara project succeeds depends on whether the government can attract sufficient foreign investment.

Last year saw several Southeast Asian economies bounce back from the distortions and restrictions of the COVID-19 pandemic.

The two nations hope to convince European regulators that their local certification efforts conform to the EU's rigorous new regulation on deforestation.

If the government falls short of its ambitious EV adoption targets, it won't be for lack of effort.

The economics of cement production, particularly in emerging markets, are closely entwined with both politics and climate policy.

The move is in line with Jakarta's increasingly aggressive use of export bans in pursuit of domestic economic goals.

Indonesia reflects the growing global trend of nations intervening in markets in pursuit of domestic development and strategic goals.

The Just Energy Transition Partnership has laid out a roadmap to net zero, but many details are still only vaguely sketched.

“If we are scared of being sued, and we step back, we will not be a developed country," said Indonesia's President Joko Widodo.