Ministry of Industry to review Apple's USD 100 million investment proposal
The Ministry of Industry will hold an internal leadership meeting today, November 21, to discuss Apple’s investment proposal of USD 100 million, or equivalent to IDR 1.6 trillion. If approved, the dea
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21 Nov 2024
Business News
Tech
Bank Indonesia Maintains Interest Rate at 6% to Stabilize Rupiah, Curb Inflation
Bank Indonesia (BI) announced its decision to keep its benchmark interest rate at 6% during the November 2024 monetary policy review. This move aligns with the central bank's focus on stabilizing the
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20 Nov 2024
Business News
Economy
Indonesia Aims for USD 400 Billion in Exports by 2029 to Drive 8% Economic Growth
Indonesia’s target of 8% economic growth is projected to be achievable only by 2029, coinciding with the end of President Prabowo Subianto’s term. The Ministry of Trade estimates that exports will nee
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19 Nov 2024
Business News
Economy
Export & Import
This Week’s Headlines (Nov. 9 - 15, 2024)
Business-Indonesia's This Week's Headlines Issue #138
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15 Nov 2024
Agribusiness
Economy
Export & Import
+2
8 Global Tech Giants Announce Investment Interest Early in Prabowo Administration
At least eight global tech giants have expressed interest in investing in Indonesia at the onset of the Prabowo Subianto – Gibran Rakabuming Raka administration. These companies are looking to establi
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14 Nov 2024
Business News
Digital Economy
Technology
Indonesia Targets 75 GW of Renewable Energy by 2039
Indonesia has outlined an ambitious plan to build 75 gigawatts (GW) of renewable energy capacity over the next 15 years, according to special presidential envoy Hashim Djojohadikusumo.
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13 Nov 2024
Business News
Energy
Energy Transition
China Pledges Funding Support for Prabowo's Free Nutritious Meal Program
The Chinese government has committed to supporting the free nutritious meal program being prepared by the administration of President Prabowo Subianto. The funding will be channeled through the "Food
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12 Nov 2024
Business News
Education
Food & Beverages
+1
This Week’s Headlines (Nov. 2 - 8, 2024)
Business-Indonesia's This Week's Headlines Issue #137
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08 Nov 2024
Economy
Investment
Regulation
+2
Free Medical Check-Ups: Another Boon to Indonesia’s Pharmaceutical Industry
In late September of this year, it was announced that President Prabowo Subianto would allocate Rp 3.3 trillion (roughly US$209.8 million) to provide free medical check-ups starting in 2025. The progr
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08 Nov 2024
Health & Medical
Insights
Pharmaceuticals
Indonesia and Canada to Accelerate Free Trade Agreement
Coordinating Minister for Economic Affairs, Airlangga Hartarto, met with Canada's Ambassador to Indonesia and Timor-Leste, Jess Dutton, in Jakarta on Wednesday, November 6. The two discussed expeditin
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07 Nov 2024
Business News
International Cooperation
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