News | Business-Indonesia

This Week's Headlines (22-28 August)

The House of Representatives has confirmed Destry Damayanti for the Bank Indonesia (BI) governor position for a full five-year term. Muhammad Misbakhun, chairman of House Commission XI, which oversees

28 Aug 2026
This Week’s Headlines (15-21 August)

The Indonesian and German governments are stepping up cooperation in new and renewable energy (NRE), as well as education and vocational training.

21 Aug 2026
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)

20 Aug 2026
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

19 Aug 2026
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

18 Aug 2026
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

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Steel Industry Faces Demand and Import Pressure Amid Indonesia's Manufacturing PMI Contraction

The national iron and steel industry continues to face pressure in the second half of 2026, occurring alongside a renewed weakening of national manufacturing activity.

Export & Import

Anak Krakatau Ash Disrupts Flights as Indonesia Activates Alternative Airports

Volcanic ash from the eruption of Anak Krakatau disrupted air travel across Indonesia on Monday,

This Week's Headlines (1-4 September)

President Prabowo Subianto has pitched a shared economic future between Jakarta and Moscow, expressing hopes to host his Russian counterpart Vladimir Putin in Indonesia.

Government Targets B60 Implementation in 2027

The Ministry of Energy and Mineral Resources (ESDM) is targeting the implementation of 60% biodiesel, or B60, next year. Deputy Energy and Mineral Resources Minister Yuliot Tanjung said the rollout

Indonesia’s Inflation Rises to 3.19 Percent in August as Economic Activity Expands

Indonesia’s economy demonstrated ongoing expansion in August 2026 as consumer activity and price levels picked up, lifting the country's annual inflation rate to 3.19 percent from the previous month

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