Economics

The state-owned company eyes second phase with 160 megawatts capacity.

Body overseeing the new capital's development has launched a report that would serve as a baseline in tracking the city’s SDG commitments.

The loan will support the construction and operation of 800 shared telecommunication towers to help expand digital connectivity for underserved communities.

With parametric insurance, payouts can be made immediately after a typhoon, making it an effective tool to fund the rapid emergency restoration of coral reefs post damage.

The capital is the first city in Indonesia to have a roadmap to achieve net zero by 2045.

Kalimantan, Sulawesi, Maluku, and Papua have untapped ocean resources that could help the country meet and raise its climate ambition.

Foreign direct investment flows to the region hit a record $224 billion in 2022.

In partnership with Japanese companies, Sarawak's SEDC Energy will develop a clean hydrogen supply chain with production facilities in the coastal town of Bintulu.

The subregion is well positioned to cater to the growing global appetite for Shari’ah-compliant financing.

Low demand for manufacturing exports affected particularly the more open, bigger, and trade-oriented economies.