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JETP aims to make Indonesia less dependent on coal

With Just Energy Transition Partnerships (JETP), a group of industrialized nations wants to subsidize a fair energy transition in selected emerging and developing countries and thus promote climate protection. At the G20 summit in Bali in November 2022, the JETP was announced between Indonesia and the G7 countries as well as Denmark and Norway. It is intended to contribute to the Indonesian energy transition.
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HSBC, EKONID Support Investment in EV Supply Chain

On March 8, 2023, HSBC Indonesia, in cooperation with EKONID, organized the HSBC Investment Forum 2023: Accelerating Indonesia’s Ambition to be the World’s Largest EV Supply Chain Hub. Held at The Glass House of Ritz Carlton Pacific Place Jakarta, the event gathered around 100 participants from the public and private sectors.
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Indonesian construction market steadily recovers

Apart from some operational disruptions due to the Russia-Ukraine war and the still-ongoing pandemic, the construction industry in Indonesia – which is segmented by the key sectors of commercial, residential, industrial, infrastructure, as well as energy and utility construction – is steadily recovering.
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New Supervisory Board member, Mr. Alexander Grenz, Country Manager and President Director Allianz Life Indonesia

EKONID extends its warmest welcome to its new Supervisory Board member, Mr. Alexander Grenz, Country Manager and President Director Allianz Life Indonesia
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Jakarta-Berlin Strengthen Collaboration on Innovation & Technology

The Government of DKI Jakarta and the City of Berlin signed a Joint Declaration on Innovation and Technology on September 7, 2023, at the Jakarta Future City Hub in Gambir, Central Jakarta.
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Imports from Germany increased by 40 percent

German products are experiencing a powerful surge in demand in Indonesia. Imports from other EU countries are also increasing. China's share is shrinking for the first time.
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ifm electronic expands on-site in Indonesia with new office

The German sensor and automation company wants to be present to make “Making Indonesia 4.0” a success.
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Minimum wages in Indonesia will rise moderately in 2022

For many foreign companies, Indonesia is a location for low-cost contract manufacturing. When considering the general investment environment, the minimum wage is an important factor. There are currently only about 70 German manufacturing companies in the country. According to the local Chamber of Commerce and the Indonesian investment authority BKPM, several are currently preparing to relocate production from China.
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AHK WBO Spring 2022: Expectation of German businesses in Indonesia highest in Asia Pacific

German businesses operating in Indonesia are upbeat about their business prospects in the future, according to the Spring 2022 World Business Outlook Survey results revealed by the AHK this June. However, low scores for investment intentions shows that the Indonesian government still needs to do more to draw German investors into the archipelago.
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EKONID Summer Party 2022

After three years in-absentia (thanks to the pandemic), EKONID Get Together Summer Party returned in full form at The Poolside Ayana MidPlaza Hotel Jakarta on September 6, 2022. More than 100 people enjoyed the excellent food and drinks and the awesome DJ Sheena while reconnecting with old friends or meeting new people.
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What to expect for Indonesia’s economy in 2022

The ongoing COVID-19 pandemic, RCEP, and the country’s focus towards digital economy, green economy and the down streaming of commodities are some of the main topics revolving around Indonesia’s economy as the world’s third largest democracy moves into 2022.
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AHK World Business Outlook Fall 2022

German companies operating internationally are more optimistic about their business conditions abroad compared to that in the Eurozone. ASEAN countries in particular offer great opportunities for supply diversification.
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ACHEMA: Ushering the age of Indonesia 4.0

JAKARTA – ACHEMA 2022 is back in Frankfurt: from 22 to 26 August 2022, the Frankfurt Fairground will once again be the meeting place for the global process industries, where personal exchange and networking are once again possible on site.
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Indonesia Posts Positive Growth in Q1 2022

Indonesia grew 5.01% in the first quarter of 2022 due to a rise in commodity prices and the lifting of COVID-19 restrictions across the archipelago. However, rising inflation and the war in Ukraine give cause for concern.
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Siemens Indonesia: Indonesia 4.0 Conference & Expo 2022

Teknologi advanced planning and scheduling untuk meningkatkan produksi dan memastikan pengiriman tepat waktu dalam operasi manufaktur
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APK 2022: Germany wants closer ties with Southeast Asia

Germany is keen on strengthening its economic ties with Southeast Asia, German Chancellor Olaf Scholz said during APK 2022 in Singapore this November.
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