Indonesia’s Digital Economy Still on Growth Track
On November 14, Indonesia played host to Jensen Huang, CEO of Nvidia, the world's most valuable company as of October 2024, with a market valuation reaching USD 3.53 trillion.
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09 Dec 2024
Digital Economy
E-Commerce
ICT & Digital Economy
+2
This Week’s Headlines (Nov. 30 - Dec. 6, 2024)
Business-Indonesia's This Week's Headlines Issue #141
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06 Dec 2024
Economy
Energy
Regulation
+1
Prabowo Approves 12% VAT Effective January 1, 2025, Limited to Luxury Goods
Representatives from the Indonesian House of Representatives (DPR) met with President Prabowo Subianto to discuss the implementation of the 12% Value-Added Tax (VAT), which has been decided to take ef
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05 Dec 2024
Business News
Investment
Tech
Indonesia Anticipates USD 1 Bn Investment from Apple Amid iPhone 16 Ban
Indonesia is set to receive a USD 1 billion investment commitment from Apple Inc., according to Investment and Downstreaming Minister Rosan Roeslani.
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04 Dec 2024
Business News
Investment
Tech
Indonesia's PMI Contracts for Five Consecutive Months, Lags Behind Other ASEAN Countries
The rating agency S&P Global reports that Indonesia's Manufacturing Purchasing Managers' Index (PMI) has been in contraction for five consecutive months. The index rose from 49.2 in October to 49.6 in
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03 Dec 2024
Business News
Manufacturing
This Week’s Headlines (Nov. 23 - 29, 2024)
Business-Indonesia's This Week's Headlines Issue #140
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29 Nov 2024
Investment
Regulation
Tech
+2
Luhut Signals 12% VAT Postponement, Focuses on Power Subsidies for Middle Class
Chairman of the National Economic Council (DEN) Luhut Binsar Pandjaitan has indicated that the planned increase in Value-Added Tax (VAT) to 12% on January 1, 2025, will likely be postponed.
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28 Nov 2024
Business News
International Cooperation
Investment
Prabowo Secures Investment Commitments Worth IDR 294 Tn from Six Strategic Nations
In the past two weeks, President Prabowo Subianto has undertaken visits to several countries, including China, the United States, Peru, Brazil, the United Arab Emirates, and the United Kingdom. Throug
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26 Nov 2024
Business News
International Cooperation
Investment
Stable Growth for Indonesia’s Logistics Sector
Indonesia's logistics sector continues to demonstrate steady growth, driven by increased investments, government reforms, and substantial contributions to the nation's GDP. However, challenges remain,
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25 Nov 2024
Insights
Logistics & Transports
This Week’s Headlines (Nov. 16 - 22, 2024)
Business-Indonesia's This Week's Headlines Issue #139
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22 Nov 2024
Energy
Energy Transition
International Cooperation
+2
News
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