OIKN Grants Land Rights to 5 Local Investors in Nusantara with a Total Investment of IDR 2.42 Trillion
The Nusantara Capital City Authority (OIKN) has granted land rights to five investors who have committed a total of IDR 2.42 trillion in fresh funds. This move aims to provide legal certainty for
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20 Mar 2025
Business News
Investment
Bank Indonesia Holds Rates In the Midst of Market Uncertainties
Bank Indonesia (BI) has kept its benchmark 7-day reverse repurchase rate unchanged at 5.75% for the second consecutive meeting. The central bank also maintained the Deposit Facility rate at 5.00% and
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19 Mar 2025
Business News
Economy
OECD Cuts Indonesia's Economic Growth Projection for This Year to 4.9%
The Organisation for Economic Co-operation and Development (OECD) has revised down its economic growth forecast for Indonesia this year, lowering it from 5.2% to 4.9%. The growth projection for
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18 Mar 2025
Business News
Economy
Indonesia’s Banking: Cautiously Optimistic
Economic growth in Indonesia is forecasted to remain moderate between 4.9% and 5.1% year-on-year (YoY) in 2025. Meanwhile, inflationary pressures remain elevated due to rising domestic costs and
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17 Mar 2025
Economy
Financial
Insights
This Week’s Headlines (Mar. 8 – 14, 2025)
Business-Indonesia This Week’s Headlines Issue #155
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14 Mar 2025
Economy
Mining
Taxation
+1
Luhut and Coordinating Minister Airlangga Agrees to Establish Special Team to Address Investment Barriers
Chairman of the National Economic Council (DEN), Luhut Binsar Pandjaitan and Coordinating Minister for Economic Affairs, Airlangga Hartarto, have agreed to establish a special team to analyze barriers
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13 Mar 2025
Business News
Investment
VinFast to Build 100,000 Public Charging Stations Across Indonesia
Vietnamese electric vehicle (EV) manufacturer VinFast is set to significantly enhance Indonesia's EV infrastructure by planning the installation of up to 100,000 public charging stations (SPKLU)
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12 Mar 2025
Business News
Electric Vehicles
Energy
+1
Indonesia and Vietnam Set IDR 294 Trillion Cooperation Target, Including the Automotive Sector
President Prabowo Subianto and the Secretary-General of the Central Committee of the Communist Party of Vietnam (CPV), Tô Lâm, have agreed to elevate bilateral relations to a Comprehensive Strategic
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11 Mar 2025
Automotive
Business News
Economy
+1
This Week’s Headlines (Mar. 1 – 7, 2025)
Business-Indonesia This Week’s Headlines Issue #154
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07 Mar 2025
Commodities
Economy
Energy
+1
Despite Setbacks, Growth Potential Remains for Indonesian Furniture
Indonesia’s furniture industry, long recognized for its rich supply of natural materials and skilled craftsmanship, is at a crossroads. While export performance has softened in recent years, long-term
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06 Mar 2025
Insights
Manufacturing
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