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

Indonesia Needs to Incentivize EV Battery Recycling Industry: Expert

... that nickel smelters enjoyed. The Investment Affairs Coordinating Ministry revealed last ... that nickel smelters with an investment of at least Rp 30 ... the metal’s processing facilities domestically. South Korean automaker Hyundai and Seoul-based ...
Business Feb 20, 2024 | 6:15 pm

Bahlil Denies Nickel Being Less Popular Than LFP Batteries

... vehicle (EV) market, according to Investment Minister Bahlil Lahadalia. Indonesia has ... in investment for its EV battery ecosystem. About $9.8 billion came from South Korean ... said. Thomas headed the country’s investment agency during President Joko “Jokowi ...
Business Jan 24, 2024 | 7:12 pm

Global Trade Is Facing Complex Challenges in 2024

... Gaza, increased tensions in the Korean Peninsula, a new conflict at the ... potentially a military standoff in the South China Sea. Predicting the specific ... restrictions on inbound and outbound investment. It is also believed that ...
Opinion Jan 22, 2024 | 3:37 pm

Indonesian Nickel Mining Firm AKP Unveils IPO and LXI Korea Acquisition

... the company's shares, to a South Korean investor LX International Corp (LXI ... Indonesian nickel mine with an investment of KRW 133 billion ( ... is involved in the development, investment, and operation of coal ... in the development and investment in oil and gas ...
Business Jan 4, 2024 | 9:59 am

How Indonesia's Ambitious Nusantara Project Play Out in 2023

... -art technology -- calls for a substantial investment of $33 billion. Indonesia only ... . Agung Wicaksono, the deputy for investment at the Nusantara authority body ... a memorandum of understanding (MoU) with South Korean automotive giant Hyundai to have ...
News Jan 2, 2024 | 4:16 pm

EGCO Group Makes $194m Equity Investment in Chandra Asri Group

... Chandra Asri Group. This investment will give EGCO a 30 ... EGCO Group, said: “The investment aligned with the company’s ... profitable power plants. This investment will strengthen our power ... -powered power plant with South Korean giant Posco International. In ...
Business Dec 13, 2023 | 3:00 pm

Indonesian Firm to Import Hyundai Electric Buses

Jakarta. Jakarta-based investment company Indika Energy has reached ... electric buses produced by the South Korean company. The Hyundai buses will ...
Business Dec 3, 2023 | 11:46 pm

South Korean Firms Enjoy Lucrative Businesses in Indonesia: Airlangga

... is trying to attract more South Korean investors into the country ... direct investment (FDI) from South Korea totaled $2.3 billion that year. South Korean investment amounted ... as an investment destination. “I can say that the South Korean companies, including ...
Business Nov 30, 2023 | 8:32 pm

G7’s Anti-Coercion Campaign against China Could Backfire

... electric vehicle manufacturers that used South Korean battery packs. Trade relations between ... measures that affect trade or investment relations between those countries. But ... nearly 3,000 protectionist measures affecting investment and trade in goods and ...
Opinion Oct 31, 2023 | 12:06 pm

Gov’t Mulls Giving Incentives to Electric Car Producers

... two electric car producers -- namely South Korea's Hyundai and China's Wuling ... at the Coordinating Ministry for Investment Affairs. “We are thinking of ... 40 percent local content. The South Korean automotive giant has a manufacturing plant ...
Business Oct 26, 2023 | 6:40 am

Jokowi Says Hyundai-LG's EV Battery Plant in Indonesia is Southeast Asia's Largest

... battery plant, owned by South Korean companies Hyundai and LG in ... president during the visit, Investment Minister Bahlil Lahadalia revealed ... have been sent to South Korea to acquire the ... Minister Zulkifli Hasan and South Korean Ambassador to Indonesia Lee ...
Business Sep 14, 2023 | 7:26 pm

Jokowi Holds Talks on Nusantara with South Korean and Chinese Leaders

... its investment potential," Bahlil said. During the meeting with the South Korean leader ... has attracted substantial investments from South Korean companies such as Hyundai ... Regarding his meeting with the South Korean President, Jokowi mentioned discussions on ...
Business Sep 8, 2023 | 7:10 pm

S. Korea Waits for Election Results Before Investing in Nusantara

Jakarta. South Korean investors prefer to ... Jakarta to East Kalimantan. South Korean investors are in wait- ... better clarity on the investment prospects and industries in ... trillion. Government data shows South Korean investment in Indonesia totaled an estimated ...
Business Aug 24, 2023 | 10:41 am

Indonesia Working with LG Consortium to Construct EV Battery Plant with $9.8B Investment

... with a consortium led by South Korean multinational electronics company LG to ... associated facilities, entailing a substantial investment of $9.8 billion. This ambitious ... significant employment opportunities. "The Investment Ministry is committed to ...
Business Aug 4, 2023 | 2:22 pm

Foreign Investors to Wait-and-See Leading Up to 2024 Election

... on,” Rao said. Foreign direct investment trends around the election. “T” refers ... DBS Group Research report reads. Investment Minister Bahlil Lahadalia recently talked ... Monday, shortly after meeting with South Korean delegates in Jakarta. The General ...
Business May 16, 2023 | 8:58 pm

Korean Financial Firms Eye Indonesian Market: FSS Chief

... B Universe journalists, among others, on South Korean investment in Indonesia's financial industry. According ... attractive in the eyes of South Korean investors. The Indonesian market ... — to be a challenge for South Korean financial firms. “And there are ...
Business May 12, 2023 | 2:55 pm

Upgraded ASEAN-Korea Free Trade Agreement in Pipeline

... South Korea ASEAN’s fifth-largest trading partner. In 2021, foreign direct investment ... inflows from South Korea in ASEAN reached ... -CEPA removes 95.5 percent of South Korean tariffs. Under this agreement, Indonesia ...
Business Apr 12, 2023 | 5:24 pm

S. Korea to Make Indonesia Production Base in ASEAN with IK-CEPA

... one of the most noteworthy South Korean investors in Indonesia. Hyundai ... the Coordinating Ministry for Investment, said that South Korean investors like Hyundai have ... throughout 2022. According to Ferry, South Korean investment in Indonesia will grow by ...
Business Jan 26, 2023 | 7:46 pm

IK-CEPA Paves Way for Indonesian Exports to S. Korea

... or 95.5 percent of the South Korean tariff posts. This would represent ... competitive, open and attractive for South Korean investors, by making Indonesia as ... deal is expected to attract South Korean investment to Indonesia. Trade Ministry reported ...
Business Jan 3, 2023 | 2:29 pm
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