European firm commits to invest 2 billion USD in Indonesia’s renewable energy
Indonesia has secured a 2 billion USD worth of investment commitment in the renewable energy sector at the Indonesian-Europe Business Forum (IEBF) held recently in Jakarta, according to the Ministry of Foreign Affairs.
The Indonesia-Europe Business Forum in Jakarta on October 17. (Photo courtesy of Indonesia's Ministry of Foreign Affairs)
Jakarta (VNA)꧟ – Indonesia has secured a 2 billion USD worth of investment commitment inthe renewable energy sector at the Indonesian-Europe Business Forum (IEBF)held recently in Jakarta, according to the Ministry of ForeignAffairs.
The commitment is expected to fast-track Indonesia’s energytransition, the ministry said in a statement released on October 19. Although the identity of the investor has not been disclosed, Indonesiansenior diplomat Umar Hadi shared that the investment commitments are worthapproximately fivefold of the transaction deals that IEBF and the INA-LAC, a businessgathering that brought together Indonesian as well as Latin American andCaribbean firms, had recorded. Governmentestimates showed that the accumulated total of business transactions and signedcooperation agreements topped 482 million USD. One of them is a memorandum of understanding (MoU) oncooperation between Ecoener, a Spanish renewable energy developer and Dredolf, an Indonesian company specialisingin operations and maintenance for power generation and electricity distribution. According to Umar, major European investments seem to be headingto Indonesia. Last week, a European company announced a project to build anickel refinery in this Southeast Asian country./.
Head of Indonesia’s National Food Agency (Bapanas), Arief Prasetyo Adi, stated on October 16 that the government is implementing a number of measures, including food aid, to counter the rising trend in rice prices.
The Indonesian Health Ministry's transformation communication staff member Ngabila Salama on October 16 stated that cigarettes are the root of various problems that are multidimensional in nature in the country and also the world.
Indonesia’s rice production in 2023 will reduce by 650,000 tonnes or 2.05% compared to that of last year, according to Indonesia’s Central Statistics Agency (BPS).
Indonesia wants to develop projects on new energy sources such as nuclear, hydrogen and ammonia to achieve its Net Zero Emissions (NZE) by 2060 or sooner, according to the Ministry of Energy and Mineral Resources (ESDM).
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
The Indonesia-Europe Business Forum in Jakarta on October 17. (Photo courtesy of Indonesia's Ministry of Foreign Affairs) 
