The Indonesian government and LG Energy Solution hold differing views on the continuation of the consortium project to build an integrated electric vehicle (EV) battery supply chain in Indonesia. The project, originally valued at 11 trillion won or approximately US$7.7 billion, was undertaken by LG Energy Solution together with LG Chem, LX International Corp., and several other partners.

Jakarta — Gerindra faction secretary in the House of Representatives (DPR) and Deputy Chairman of Commission XII, Bambang Haryadi, has highlighted disruptions to the construction of BYD and VinFast electric vehicle factories in Subang, West Java, urging the government to take firm action.

Jakarta (ANTARA) - Over the past decade, property price dynamics in three core ASEAN nations — Singapore, Malaysia and Indonesia — have reflected not only structural differences in each country’s economic foundations, but also divergent responses to global pressures such as the pandemic, inflation and exchange rate fluctuations.

JAKARTA. Foreign investors continue to eye Indonesia’s real sector. The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) recorded that foreign direct investment (FDI) flowing into Indonesia throughout the first quarter of 2025 reached Rp 230.4 trillion, equivalent to US$ 13.67 billion, growing approximately 12.7% compared to the same period the previous year.

The Indonesian Employers’ Association (APINDO) has voiced its concern over disruptions to an electric vehicle factory construction project in Subang, West Java, involving intervention by certain groups. APINDO Chairman Shinta Kamdani stressed that the incident once again highlights the importance of legal certainty and investment protection in maintaining a healthy and conducive business climate in Indonesia.