Indonesia is proposing to make it easier for startups to hire foreign talent, lending a hand from the government to a sector that it sees as essential to economic development, but one that has struggled with a lack of domestic talent.

Indonesia, the world’s largest palm oil producer, has labeled the European Union’s plan to impose different food safety standards for palm oil compared to other vegetable oils as discriminatory. The EU Commission plans to issue later this year a regulation that will prevent some Indonesian produce to enter the bloc.

For the final weeks of 2019 and into the new year, China and Indonesia have been facing off over the sovereignty of waters around Jakarta’s Riau Islands, in the South China Sea. While Indonesia’s claim is founded in the United Nations Convention on the Law of the Sea – a convention both Beijing and Jakarta have signed and ratified – the Chinese claim dates back to questionable territorial assertions first made in the latter part of the first half of the 20th century. Tripling down on its alienation of Indonesia amounts to a massive strategic miscalculation by China, ultimately. Instead of building a bridge to Jakarta at a time when the United States appears adrift in Asia, China is alienating what could otherwise be an important partner.

Indonesia and Hungary are in talks to build a multilane free flow (MLFF) e-toll system that allows payments without gates while cars are moving. The technology is estimated to cost US$90 million.

Indonesia has continued its venture to lure global corporations into investing in the country during the annual World Economic Forum (WEF) meeting in Davos, Switzerland. During a meeting with the head of Indonesia’s Investment Coordinating Board (BKPM), Bahlil Lahadalia, held on the sidelines of the WEF’s annual gathering on Tuesday, Japanese chemical giant Mitsubishi Chemical’s senior executive, for example, pledged to invest Rp 2.1 trillion (US$153.51 million) to finance the expansion of its plant in Cikarang, West Java.

Leonardo ha firmato un contratto con la società indonesiana PT Len Industri per fornire un sistema radar di difesa aerea RAT 31 DL/M per l’Indonesian Air Force. PT Len Industri fornirà componenti, supporto per la realizzazione delle infrastrutture e manutenzione radar specializzata. Leonardo intende avviare con PT Len Industri una produzione congiunta di radar in Indonesia, anche per i futuri programmi nel Paese.

Abu Dhabi's crown prince has agreed to lead a committee that will oversee the construction of a new capital city for Indonesia that is estimated to cost $34 billion.

China’s latest use of grey zone fishing operations in the North Natuna Sea to challenge Indonesia’s sovereign right to fish and exploit the natural resources in its exclusive economic zone (EEZ) appeared to be a victory at first glance. At one point, about 50 Chinese fishing vessels accompanied by two oversized white hulls fished unimpeded in Indonesia’s EEZ.

Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah ($23 billion) covering investment in energy and other sectors.

hina will remain committed to investing in Indonesia despite the ongoing spat between the two countries over the former’s controversial naval maneuvers in Indonesia’s exclusive economic zone (EEZ) in the North Natuna Sea.

Indonesian President Joko Widodo on Wednesday reaffirmed his country's sovereignty during a visit to a group of islands at the edge of the South China Sea that China claims as its traditional fishing area.

Indonesia said it expects to begin a World Trade Organization process to resolve a dispute with the European Union over palm oil by the end of December 2019.

Indonesia said on Wednesday (Jan 1) it rejected China's claims over a disputed part of the South China Sea as "having no legal basis", after two days earlier protesting to Beijing over the presence of a Chinese coastguard vessel in its territorial waters.

The death toll from flooding in the Indonesian capital of Jakarta has risen to 66, authorities say, with two people still missing after the megalopolis was hit by some of the most powerful monsoon rains seen in years.

Il Primo Ministro indiano Narendra Modi e il Presidente indonesiano Joko Widodo, in un incontro a margine del G20 di Osaka di giugno hanno annunciato l’ambizioso obiettivo di raggiungere un volume di interscambio commerciale di 50 miliardi di dollari entro il 2025.

The European Union imposed five-year tariffs on biodiesel from Indonesia to counter alleged subsidies to producers in the country, a move that could prompt the Indonesian government to retaliate.

Indonesia is looking to establish a sovereign wealth fund modelled on Temasek Holdings (Singapore’s state investment vehicle) or Khazanah (the Malaysian equivalent), to support local start-ups and to boost economic growth. Earlier statements from the government on the likely size of any sovereign wealth fund have estimated it at up to $10bn.

The EU sent on Nov. 22 a letter to the WTO challenging Indonesia's export restrictions for raw materials used in the production of stainless steel, which comes into effect in January next year. The EU is also challenging subsidies that encourage use of local content by Indonesian producers and give preference to domestic over imported goods, which goes against WTO rules.

Hyundai Motor signed a $1.55bn deal with the Indonesian government to build a factory east of Jakarta. The investment will be made over 10 years and eventually produce 250,000 vehicles annually. The move follows a broad slowdown in the important Chinese market: the company was hit by a Chinese boycott of Korean products two years ago after Beijing lashed out at Seoul for deploying a new US missile defence system in South Korea

The Indonesian government plans to hand over a revised #laborlaw bill to the parliament by early-January as it seeks to boost employment. Finance Minister Sri Mulyani Indrawati said that the bill would try to ease the rules used under the 2003 Labour Law to recruit or lay off employees.