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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Prabowo Submits Presidential Letter Proposing Destry Damayanti as Sole Candidate for BI Governor to DPR

President Prabowo Subianto submitted a Presidential Letter (Surpres) regarding the definitive candidate for the Governor of Bank Indonesia (BI) to the House of Representatives (DPR) on Monday.

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).

Electric Vehicles

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

Economy

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Investment

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.

Indonesia’s Imports Surge 34.27% in June 2026, Driven by Raw Materials

Indonesia’s Central Statistics Agency (BPS) recorded Indonesia’s import value in June 2026 at USD 25.91 billion, up 34.27% compared with the same period last year.

Export & Import

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