BI Cuts Interest Rate to 5.75% in January 2025, Defies Predictions
Bank Indonesia (BI) made a surprising move by lowering its benchmark interest rate, or BI-Rate, by 25 basis points to 5.75% in January 2025. Alongside this, the central bank also reduced the deposit f
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16 Jan 2025
Business News
Economy
Car Sales in Indonesia Decline Amid Rising EV Popularity
ndonesia’s car sales continued their downward trend in 2024, marking a 13.9 percent year-on-year decline in wholesales, from just over 1 million units in 2023 to 865,723 units, according to the Indone
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15 Jan 2025
Automotive
Business News
Electric Vehicles
Indonesia Proposes Trade Tariff Reductions to the US Through Bilateral Cooperation
Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that Indonesia is seeking to propose trade tariff reductions with the United States (US) through bilateral cooperation. This init
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14 Jan 2025
Business News
International Cooperation
Trade
This Week’s Headlines (Jan. 4 - 10, 2025)
Business-Indonesia's This Week's Headlines Issue #146
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10 Jan 2025
Food & Beverages
Manufacturing
This Week's Headlines
+1
Sri Mulyani Issues Luxury Tax Incentives for Electric Cars
Finance Minister Sri Mulyani Indrawati has issued a new regulation regarding the Luxury Sales Tax (PPnBM) incentives for four-wheeled electric motor vehicles. This regulation is outlined in Minister o
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09 Jan 2025
Business News
Electric Vehicles
Regulation
+1
Indonesia Economic Outlook 2025: Steady Amid Global Pressure
Indonesia’s economic outlook for 2025 presents a mixed yet promising picture. Amid global economic uncertainties, the nation is poised to maintain stability while seeking growth opportunities through
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09 Jan 2025
Economy
Insights
Indonesia Signs Deal with Qatar to Build One Million Affordable Homes
Indonesia has signed a Memorandum of Understanding (MoU) with Qatar to construct one million affordable homes, a part of President Prabowo Subianto's three-million-housing program.
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08 Jan 2025
Business News
Construction
Investment
Indonesia Officially Becomes a Member of BRICS
The 2025 BRICS presidency holder, Brazil, announced on Monday, January 6, local time that Indonesia has officially become a member of this international organization. In a press statement, the Brazili
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07 Jan 2025
Business News
International Cooperation
This Week’s Headlines (28 December 2024 - 3 January 2025)
Business-Indonesia's This Week's Headlines Issue #152
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03 Jan 2025
Automotive
Economy
Electric Vehicles
+2
Indonesia's Manufacturing PMI Returns to Expansion Level as Production Rises
The rating agency S&P Global reported that Indonesia's manufacturing Purchasing Managers' Index (PMI) rose by 1.6 points month-on-month to 51.2 in December 2024. This increase was driven by optimism a
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02 Jan 2025
Business News
Manufacturing
News
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