Latest Updates

Prabowo Seeks Brazil’s Support to Accelerate Indonesia–Mercosur Trade Agreement
President Prabowo Subianto has urged Brazilian President Luiz Inácio Lula da Silva to expedite negotiations on a trade agreement between Indonesia and the Mercosur bloc. Mercosur is a Latin American  ... Read More
23 Oct 2025
Business News
Economy
International Cooperation
Against Expectations, Bank Indonesia Keeps Benchmark Rate at 4.75%
Bank Indonesia (BI) held its benchmark 7-day reverse repurchase rate at 4.75% during its Board of Governors Meeting on October 21–22, 2025, surprising markets that had expected another rate cut.  ... Read More
22 Oct 2025
Business News
Economy
Financial
Indonesia to Have National Car Within Three Years: Prabowo
President Prabowo Subianto announced that the government has begun initial steps to produce a domestically made car within the next three years. He stated that this initiative marks a significant  ... Read More
21 Oct 2025
Automotive
Business News
Economy
+1
This Week’s Headlines (Oct.11 – Oct. 17, 2025)
Indonesia’s investment momentum slows in Q3, its rupiah seen rebounding on stronger inflows, and new radiation checks mandated for factories are among This Week’s Headlines (Oct. 11–17, 2025).  ... Read More
17 Oct 2025
Agribusiness
Economy
Energy
+5
Indonesia to Allow Foreign Nationals to Lead State-Owned Enterprises
President Prabowo Subianto announced that he has amended regulations to allow expatriates or foreign nationals (Warga Negara Asing or WNA) to lead Indonesia’s State-Owned Enterprises (SOEs).  ... Read More
16 Oct 2025
Business News
Economy
Government Considers VAT Reduction
The Finance Ministry is considering a reduction in the value-added tax (VAT) rate to boost household spending as tax revenue slows and economic activity shows signs of weakening.  ... Read More
15 Oct 2025
Business News
Economy
Financial
+1
IDR 112.4 Trillion in Loans Distributed from IDR 200 Trillion of Injected State Funds, Minister Says
Finance Minister Purbaya Yudhi Sadewa announced that state-owned banks under the Himpunan Bank Milik Negara (Himbara) have disbursed productive loans amounting to IDR 112.4 trillion from the  ... Read More
14 Oct 2025
Business News
Economy
Financial
This Week’s Headlines (Oct. 4 – Oct. 10, 2025)
Indonesia’s talks with China on high-speed rail debt, its delayed peak emissions goal, and ASEAN’s 2026 digital economy pact are among This Week’s Headlines (Oct. 4–10, 2025).  ... Read More
10 Oct 2025
Digital Economy
Economy
Energy Transition
+1
US Keeps Door Open for Shrimp Imports from Indonesia Despite Radioactive Substance Case
The United States will keep its doors open for shrimp imports from Indonesia, despite recent discoveries of radioactive contamination involving cesium-137, the Indonesian government stated.  ... Read More
09 Oct 2025
Agribusiness
Business News
Commodities
+3
Indonesia’s Retail Remains Firm as Consumers Tighten Choice
Retail in Indonesia remains firm. Household consumption continues to anchor the economy, inflation remains subdued, and retail sales show consistent year-on-year growth. With GDP expected to expand by  ... Read More
08 Oct 2025
Economy
Insights
Retail