Daily Insights Archive

As of August 17, Indonesia’s COVID-19 tally in the last 24 hours went up by 5,253 to 6,297,484 cases.

After several delays, the Jambaran-Tiung Biru (JTB) Joint Gas Field Project, located in Bojonegoro, East Java, finally executed the first gas-in on August 14.

Global sanitation company Kohler is building a Rp 14.5-trillion factory, the first in Indonesia. It aims to export sanitary ceramics to the United States and Asia Pacific markets.

Research by Carbon Disclosure Project (CDP) shows that only 22 percent of palm oil companies in Indonesia are free from deforestation.

Akulaku Group, a fintech owned by Alibaba, has launched wealthtech app OneAset in Indonesia.

Indonesia’s largest Islamic bank, PT Bank Syariah Indonesia Tbk (BRIS), will raise capital through a rights issue, offering 6 billion series B shares with a nominal value of Rp 500 per share.

The government removed funds for handling COVID-19 and economic recovery in the 2023 State Budget to sign that the pandemic is over.

China's stainless steel and nickel giant Tsingshan Holding Group is considering selling some of its assets in Indonesia to China Baowu Steel Group, the world's top steel producer.

The government allocates Rp23.6 trillion for the National Capital City (IKN) Nusantara project in 2023, pursuing to complete the core area by 2024.

President Joko Widodo targets the 2023 State Budget (APBN) deficit to fall below three percent of GDP by suppressing spending and boosting tax revenue.