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
Bilateral Cooperation
Business News
Export & Import
+1
Minister of Environment Plans to End Waste Imports
The Minister of Environment/Environmental Control Agency, Hanif Faisol Nurofiq, stated that the government plans to end waste imports into Indonesia. This plan is one of the solutions to address the o
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22 Oct 2024
Business News
Export & Import
Waste Management
This Week’s Headlines (Oct. 13 - 18, 2024)
Business-Indonesia's This Week's Headlines Issue #134
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18 Oct 2024
Economy
Electric Vehicles
This Week's Headlines
+1
Bank Indonesia Maintains 6% Interest Rate in October 2024, Signals Room for Future Cuts
Bank Indonesia (BI) has decided to keep its benchmark interest rate, the BI-Rate, steady at 6% in October 2024, following a 25-basis point cut in the previous month. The central bank also maintained t
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17 Oct 2024
Business News
Economy
Prabowo Subianto Asks Sri Mulyani to Remain Finance Minister
Indonesia's incoming president, Prabowo Subianto, has asked Sri Mulyani Indrawati to remain as finance minister in his upcoming administration, a move that has garnered positive reactions from both lo
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16 Oct 2024
2024 Elections
Business News
Economy
Investment Realization Reaches US$81 Bn by September
The Indonesian Ministry of Investment reported that investment realization from January to September 2024 surged by 19.78% year-on-year to Rp 1,261 trillion (approximately US$81 billion), with foreign
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15 Oct 2024
Economy
Investment
Logistics & Transports
+1
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