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Search result with “South Korean Investment” as a keyword founded 79 news.

Minister Rosan: LG Didn’t Quit EV Battery Project, We Ended It

Jakarta. Investment Minister Rosan Perkasa Roeslani clarified on Wednesday that South Korea’s LG ... active investor in Indonesia. The South Korean company has completed one of ... joint venture project under their investment plan,” Rosan concluded. The Jakarta ...
Business Apr 24, 2025 | 3:39 pm

Jakarta Downplays LG Pullout from $7.7B EV Project, Eyes New Partners

... is brushing off concerns over South Korean conglomerate LG’s decision to withdraw ... -dollar electric vehicle (EV) battery investment. The government remains committed to ... decided to cancel its Indonesian investment. The consortium cited shifting global ...
Business Apr 23, 2025 | 11:06 am

Trump Tariff: How Contagious?

... bullying. Other nations, including South Korea, Pakistan, Malaysia, and ... Components Impact: • Potential uptick in investment interest for assembling consumer electronics ... • Deepen partnerships with Japanese and Korean automakers for regional exports. 5. ...
Opinion Apr 9, 2025 | 11:32 pm

The Foreign Investors Who Invested in Indonesia in 2024

... manufacturing plants. Indonesia secured some investment commitments from a number of ... investment made by HLI Green Power: a joint venture that brings together South Korean ... tech conglomerate announced a $1.7 billion investment over the next four years ...
Business Dec 31, 2024 | 4:55 pm

KB Bank Issues $300 Million Global Bond

... the first overseas subsidiary of a South Korean commercial bank to issue global ... following its official integration into South Korea’s largest commercial bank, KB ... Crédit Agricole Corporate and Investment Bank, The Hongkong and Shanghai ...
Special Updates Oct 28, 2024 | 1:52 pm

Indonesia Talks of Energy Transition at ASEAN-Korea Summit

... Summit in Laos on Thursday. South Korean President Yoon Suk-Yeol, alongside ... between Indonesia and South Korea. Indonesia has been an investment destination for ... take advantage of this great investment interest and Korea's commitment at ...
Special Updates Oct 10, 2024 | 4:59 pm

China Seeks Deeper Economic Ties with ASEAN As South China Sea Disputes Lurk

... territorial disputes in the South China Sea are likely ... third-largest source of foreign investment -- a key reason why ... Minister Shigeru Ishiba and South Korean President Yoon Suk Yeol ... ASEAN elevated its ties with South Korea to a “comprehensive strategic ...
News Oct 10, 2024 | 1:27 pm

Developing ASEAN’s Semiconductor Industry: Insights from Taiwan and South Korea

... was complemented by substantial government investment in research and development (R&D), ... market share. Similarly, the South Korean government played a crucial role ... industries, including semiconductors. The South Korean government provided tax incentives and ...
Opinion Sep 26, 2024 | 1:47 pm

Lotte Chemical’s $3.9 Billion Cilegon Plant to Begin Production in March

Jakarta. Investment Minister Rosan Roeslani recently revealed ... the petrochemical project belonging to South Korean giant Lotte Chemical still remained ... of the workers will be South Koreans. This plant -- be it ...
Business Sep 12, 2024 | 11:34 am

Indonesia Eyes 5% Economic Growth in Q2 2024 Amid Strong Household Spending

... 2024, based on household consumption, investment, and exports. Overall economic growth ... -Pacific currencies. For instance, the South Korean won has declined by 6.93 ...
Business Aug 2, 2024 | 5:18 pm

Golden Visa: Kadin Welcomes Indonesia’s Latest Investor Magnet

... Kadin’s head of the investment promotion committee, told the ... this scheme to attract investment and high-net-worth ... coach Shin Tae-Yong -- a South Korean national -- was among the first ... stay will double if their investment reaches $5 million. Individuals ...
Business Jul 26, 2024 | 10:12 am

Jokowi Makes EV Investment Pitch to UAE Leader

... private meeting] mainly focused on investment partnership, among others on the ... : the joint venture established by South Korean automaker Hyundai, Seoul-based battery ... largest source of foreign direct investment in that period.
Business Jul 17, 2024 | 10:25 pm

No Longer Stuck: Lotte Chemical’s Cilegon Plant to Start Production Next March

Jakarta. Investment Minister Bahlil Lahadalia announced Wednesday ... the Cilegon petrochemical project by South Korean giant Lotte Chemical will start ... up 79.6 percent of the investment. The plant will produce a total ...
Business Jul 3, 2024 | 7:12 pm

SE Asia's Largest Glass Factory to Begin Production in August

... the industrial estate. “Speaking of South Korean investments, we have a domestic processing ... is part of an investment deal made by South Korean automaker Hyundai, Seoul ... abundant natural resources. “So the South Korean investment is mainly in the downstream ...
Business Jul 3, 2024 | 2:21 pm

Indonesia Launches ASEAN’s First EV Battery Cell Plant

... Power: the joint venture between South Korean automaker Hyundai, Seoul-based battery ... plant construction follows the $9.8 billion investment deal that Indonesia clinched with ... the Karawang project has an investment value worth around $1 billion and ...
Business Jul 3, 2024 | 12:03 pm

South Korea Considers Supplying Arms to Ukraine after Russia and North Korea Sign Strategic Pact

... by the North’s official Korean Central News Agency, if ... to self-defense. North Korean leader Kim Jong Un and ... trade, investment, cultural and humanitarian ties. The office of South Korean President Yoon ... wars of invasion -- the Korean War and the war in ...
News Jun 20, 2024 | 7:30 pm

Indonesia Looks to New Markets to Counter US Anti-Dumping Duties on Shrimp

... , Japan, Australia, and South Korea. According to ITC Export ... for Maritime Affairs and Investment, and the shrimp industry ... and Thailand," Erwin noted. South Korea also presents a potential ... Indonesia's competitors in the South Korean market include Vietnam and ...
Business Jun 18, 2024 | 9:19 am

Minister Airlangga Attends Nikkei Forum’s Commemorative Dinner

... Tokyo right after a trip to South Korea, during which he met ... zeroed in on data center investment talks, while Airlangga mainly talked ... industry. Airlangga also met with South Korean trade minister Ahn Duk Geun ... bilateral ties between Indonesia and South Korea.
Special Updates May 24, 2024 | 10:41 am

Minister Airlangga Meets LG CNS Boss for Investment Talks

... a subsidiary of the South Korean tech giant LG Corporation ... in on the rising South Korean investments in Indonesia. ... of foreign direct investment (FDI) from South Korea throughout 2023 ... government reported that Indonesia-South Korea bilateral trade amounted ...
Special Updates May 20, 2024 | 3:50 pm

Hyundai-LG Karawang Plant to Produce EV Batteries in April

... production this April, according to Investment Minister Bahlil Lahadalia. The plant ... -- a joint venture that brings together South Korean automaker Hyundai, the Seoul-based ... , which takes up $1.1 billion in investment, encompasses the production of 10 ...
Business Mar 18, 2024 | 5:40 pm
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