This Week’s Headlines Sep. 28 – Oct. 5 (Issue #132)
Business-Indonesia's This Week's Headlines Issue #132
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04 Oct 2024
Economy
Energy
Regulation
+2
OJK Reports Electric Vehicle Financing Reaches IDR 29 Trillion, Predicted to Keep Rising
The Financial Services Authority (OJK) recorded that electric vehicle financing as of August 2024 reached Rp 29.07 trillion (roughly US$1.8 billion), accounting for 5.53 percent of total financing rec
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03 Oct 2024
Business News
Economy
Electric Vehicles
Indonesia’s Inflation Rate Drops to 1.84% in September, Lowest Since 2021
Indonesia's inflation rate fell to its lowest level in nearly three years, reaching 1.84% in September, according to data released by Statistics Indonesia (BPS) on Tuesday. This marked a decline from
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02 Oct 2024
Business News
Economy
Indonesia's Manufacturing PMI Weak in September, Contracts for Three Consecutive Months
The credit rating agency S&P Global reported that Indonesia's manufacturing sector remained in contraction in September 2024, although the situation improved slightly compared to the previous month. T
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01 Oct 2024
Business News
Economy
Manufacturing
This Week’s Headlines Sep. 21 – Sep. 27 (Issue #131)
Business-Indonesia's This Week's Headlines Issue #131
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27 Sep 2024
Bilateral Cooperation
Manufacturing
Mining
+2
Indonesian Communications Minister Meets with U.S. Ambassador to Discuss Submarine Cable and Satellite Investment
Indonesia's Minister of Communication and Informatics, Budi Arie Setiadi, held a meeting with the U.S. Ambassador to Indonesia, Kamala Shirin Lakhdhir, at the ministry’s office in Jakarta on Thursday
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26 Sep 2024
Business News
ICT & Digital Economy
Investment
Jokowi Breaks Ground on First Foreign Investment in Indonesia’s New Capital
President Joko "Jokowi" Widodo officially broke ground on Wednesday for the first foreign investment project in Indonesia's new capital, Nusantara. The project, backed by the Chinese property firm Del
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25 Sep 2024
Business News
IKN
Investment
Layoffs Surge by 23.7%, Textile Workers Among the Most Vulnerable
The Ministry of Manpower (Kemenaker) has reported a significant increase in layoffs (PHK) between January and August 2024, reaching 46,240 people. This marks a 23.71% rise compared to 37,375 layoffs d
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24 Sep 2024
Business News
Economy
Business-Indonesia's This Week's Headlines Issue #130
Business-Indonesia's This Week's Headlines Issue #130
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20 Sep 2024
Energy
Energy Transition
Mining
+1
Bank Indonesia Lowers Interest Rate to 6% Amid Stable Inflation
Bank Indonesia (BI) has reduced its benchmark interest rate by 25 basis points (bps) to 6% as of September 2024. The Indonesian central bank also lowered the deposit facility rate to 5.25% and the len
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19 Sep 2024
Business News
Economy
News
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