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Return to the Upper-Middle-Income Economy

With a gross national income (GNI, simplified: income of residents) per capita of US$4,580, Indonesia has risen again to the upper-middle income economy. This term designates a so-called Lending Group of the World Bank as a rough measure of creditworthiness. The lower limit is US$ 4,465. In 2020, Indonesia was declared an upper-middle-income economy for the first time. The archipelago's per capita GNI had nominally increased sevenfold since the end of the Asian crisis at the turn of the millennium. In the corona crisis, Indonesia then fell back into the lower-middle-income economy category.

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PRESS RELEASE: EKONID pilots first ever GDVET in Hotel Management program in Indonesia

Bali (10/7) – On July 1, 2023, the German-Indonesian Chamber of Industry and Commerce, also known as AHK Indonesia or EKONID, has started the first ever German Dual Vocational Education and Training (GDVET) program in Hotel Management.

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JETP aims to make Indonesia less dependent on coal

With Just Energy Transition Partnerships (JETP), a group of industrialized nations wants to subsidize a fair energy transition in selected emerging and developing countries and thus promote climate protection. At the G20 summit in Bali in November 2022, the JETP was announced between Indonesia and the G7 countries as well as Denmark and Norway. It is intended to contribute to the Indonesian energy transition.

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TIA Portal V18: your gateway to automation in the Digital Enterprise

Over the coming decades, digital technologies will make the manufacturing industry more connected, intelligent, efficient, reliable, and sustainable. Hence, businesses will seek the best technological solution to help them to reduce time to market and increase their plant's productivity. Siemens is offering the new V18 version of the Totally Integrated Automation (TIA) Portal at the TIA Portal Tech-Connext event on 30 - 31 May 2023 in Ayana Hotel Jakarta.

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Siemens presents 2 billion euros investment strategy to boost future growth, innovation, and resilience

To boost future growth, drive innovation and increase resilience, Siemens today, July 16, 2023, presented its investment strategy which includes €2 billion mainly for new manufacturing capacity as well as innovation labs, education centers and other own sites.

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Construction Conference Paves Way for more Collaboration between German and Indonesian Companies

The German-Indonesian Chamber of Commerce and Industry (EKONID) successfully held on Tuesday, June 13, a Business Conference on Construction Machinery & Building Material Plants as part of a German trade mission to Indonesia to help bridge companies from both countries in establishing business relations.

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ALBA Group starts construction of US$60 million plant in Kendal, C. Java

ALBA Group, the German-based world-leading recycling and environmental services company as well as raw material provider, has started the construction of its US$60 million waste processing facility in Kendal Industrial Park (KIP), Central Java.

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Beiersdorf inaugurates factory expansion in Malang, E. Java

Beiersdorf, the German-based manufacturer of personal care products known for its Nivea skincare product lineup, inaugurated the expansion of its factory in Malang, East Java, as part of its commitment to strengthening its presence and fulfilling the growing demand for personal care.

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Green construction critically needed in Indonesia

Indonesia’s per-capita income continues to grow from year to year and so do its population. Meanwhile, the environmental threats from climate change loom and sustainable and ecological-friendly property and infrastructure are increasingly in demand. Amidst all this, technological sufficiency and human resources capacity hamper Indonesia’s construction industry.