Japan's Mitsubishi Motors Corp (7211.T) will invest $600 million to set up its first multi-purpose vehicle factory in Indonesia, aiming to capitalise on strong demand for the segment in the country as well as to export to other markets in Asia.
Tags: Joko Widodo
Elon Musk Receives Proposal From Nickel-Rich Indonesia to Establish EV Battery Plant in the Country
Tesla CEO Elon Musk has received a proposal from the government of Indonesia to put up an EV battery plant in the country.
Foreign Investment: Indonesian Government Will Revise Regulations, Allowing Foreign Capital on More Sectors
The changes are part of the government's economic stimulus package, expected to boost the country's economic growth and create job openings. Indonesia's new regulations on investment would loosen current restrictions on foreign investments in various sectors, including e-commerce, retail and healthcare.
President of Indonesia to Visit Silicon Valley’s tech giants on US trip
Indonesian president is scheduled to visit US's giant tech companies during his first trip in the United States. The trip will start on October 26 and it will be a five-day trip full of bilateral business agenda.
Public surveillance mobile app empowers Indonesians
The use of the public surveillance mobile app by some frustrated Indonesians serves as a wake-up call for government's bureaucrats to immediately address the pressing problem of their shoddy public services.
Latest News
1
