Prabowo Cancels Debts for Farmers, Fishermen, and MSMEs
President Prabowo Subianto has signed Government Regulation No. 47 of 2024, granting debt forgiveness to approximately one million farmers, fishermen, and micro, small, and medium enterprises (MSMEs).
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06 Nov 2024
Agribusiness
Business News
Economy
+1
Indonesia’s Economy Grows 4.95% in Q3 2024, Below Government Target
The Central Bureau of Statistics (BPS) recorded Indonesia’s economic growth at 4.95% in the third quarter of 2024, below the Indonesian government’s own projection, and the slowest since the fourth qu
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05 Nov 2024
Business News
Economy
This Week’s Headlines (Oct. 26 – Nov. 1, 2024)
Business-Indonesia's This Week's Headlines Issue #136
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01 Nov 2024
Agribusiness
Automotive
Electric Vehicles
+4
Development of IKN Under Prabowo Will Not Be as Fast as Jokowi’s Era: Minister
Minister of Public Works Dody Hanggodo stated that the development of the Nusantara Capital City (IKN) will slow down during President Prabowo Subianto’s administration. The head of state is expected
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31 Oct 2024
Business News
IKN
Govt. readies plan to rescue textile giant Sritex, averts mass layoffs
In a bid to prevent mass layoffs, the Indonesian government is preparing a rescue plan for the struggling textile giant, PT Sri Rejeki Isman (Sritex). President Prabowo Subianto, recently inaugurated,
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30 Oct 2024
Business News
Manufacturing
Textiles
Housing Ministry Aims to Utilize Seized Land for 3 Million Homes Program
Housing and Settlement Minister Maruarar Sirait has identified 1,000 hectares of land in Banten, seized by the Attorney General’s Office, as a potential asset for next year’s target of building three
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29 Oct 2024
Business News
Construction
Property
Prabowo’s Economic Plans
On Sunday, October 20, 2024, Indonesia officially sworn in its eighth President, retired general Prabowo Subianto.
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29 Oct 2024
2024 Elections
Economy
Insights
This Week’s Headlines (Oct. 19 - 25, 2024)
Business-Indonesia's This Week's Headlines Issue #135
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25 Oct 2024
2024 Elections
Agribusiness
Economy
+2
Prabowo Aims for Hundreds of Trillions in Additional State Revenue from Tax Evaders
Gerindra Party Deputy Chairman Hashim Djojohadikusumo has stated that the government is expected to gain nearly Rp 500 trillion (roughly US$32 billion) in additional revenue next year. This windfall i
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24 Oct 2024
Business News
Export & Import
Waste Management
New Trade Minister Vows to Conclude IEU-CEPA in 100 Days
Indonesia’s newly appointed Trade Minister, Budi Santoso, has set an ambitious goal to finalize the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) within his first 10
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23 Oct 2024
Business News
Export & Import
International Cooperation
+1
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