News | Business-Indonesia

Indonesia's Economy Beats Forecasts, Expands 5.29% in Second Quarter

The Indonesian economy grew 5.29 percent year-on-year in the second quarter of 2026, outpacing the 5.10 percent growth economists had forecast in a Reuters poll.

05 Aug 2026
Textile Industry Investment Rises by Double Digits in First Half, Reaches IDR 11.4 Trillion

Investment in the textile and textile products (TPT) industry reached IDR 11.40 trillion (approximately USD 636.34 Million) in the first half of 2026, up 11.85% compared with the same period last year

06 Aug 2026
This Week's Headlines (August 3-7, 2026)

Indonesia and the European Union are on track to officially sign the long-awaited Indonesia-EU Comprehensive Economic Partnership Agreement (IEU-CEPA).

07 Aug 2026
Rupiah Poised to Strengthen After the Fed Holds Interest Rates Steady

The Indonesian rupiah began trading ahead of the weekend on a weaker note against the U.S. dollar on Thursday, July 30, following the U.S. Federal Reserve's decision to keep interest rates unchanged.

30 Jul 2026
Indonesia Seeks US Tariff Exemption for Palm Oil Exports

Indonesia has asked the United States to exempt palm oil from new import tariffs imposed under a Section 301 investigation, while a separate US review of excess manufacturing capacity remains underway

29 Jul 2026
House of Representatives Passes Indonesia International Financial Center Bill, Paving the Way for a Financial Hub with Its Own Judicial System

Indonesia's House of Representatives (DPR) has officially passed the Bill on the Indonesia International Financial Center (PFII) into law. Through this legislation, Indonesia will establish an

21 Jul 2026

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Airlangga Denies US Allegations Calling Indonesia Involved in Transshipment Scandal

Coordinating Minister for Economic Affairs Airlangga Hartarto denied allegations that Indonesia is involved in a global transshipment network used to reroute goods from China to the United States (US)

Nusantara Buildout Accelerates as Total Funding Reaches IDR 257.56 Trillion Ahead of 2028 Target

Development of Indonesia’s new capital, Nusantara (IKN), continues with total funding reaching IDR 257.56 trillion (roughly USD 14.44 billion) as the government works toward making the region the coun

Minister of Industry: IDR 5 Million Electric Motorcycle Incentive Still Awaiting Purbaya's PMK

Minister of Industry (Menperin) Agus Gumiwang Kartasasmita stated that the implementation of the IDR 5 million per unit incentive for electric motorcycle purchases is still awaiting the issuance of a

Electric Vehicles

This Week’s Headlines (8-14 August 2026)

President Prabowo Subianto has unveiled plans to centralize exports of all strategic commodities, saying that the current trade shakeup has generated billions of dollars of additional foreign currency

Electric Vehicles

MSCI Maintains Indonesia's Status as Emerging Market

MSCI has maintained Indonesia's status as an emerging market country based on the results of the August 2026 Index Review announced on Wednesday, 12 August, local time.

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