News


News and information about business as well as COVID-19 developments in Indonesia.

Bank Indonesia Maintains Interest Rate at 6% to Stabilize Rupiah, Curb Inflation
Bank Indonesia (BI) announced its decision to keep its benchmark interest rate at 6% during the November 2024 monetary policy review. This move aligns with the central bank's focus on stabilizing the
20 Nov 2024
Business News
Economy
Indonesia Aims for USD 400 Billion in Exports by 2029 to Drive 8% Economic Growth
Indonesia’s target of 8% economic growth is projected to be achievable only by 2029, coinciding with the end of President Prabowo Subianto’s term. The Ministry of Trade estimates that exports will nee
19 Nov 2024
Business News
Economy
Export & Import
This Week’s Headlines (Nov. 9 - 15, 2024)
Business-Indonesia's This Week's Headlines Issue #138
15 Nov 2024
Agribusiness
Economy
Export & Import
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8 Global Tech Giants Announce Investment Interest Early in Prabowo Administration
At least eight global tech giants have expressed interest in investing in Indonesia at the onset of the Prabowo Subianto – Gibran Rakabuming Raka administration. These companies are looking to establi
14 Nov 2024
Business News
Digital Economy
Technology
Indonesia Targets 75 GW of Renewable Energy by 2039
Indonesia has outlined an ambitious plan to build 75 gigawatts (GW) of renewable energy capacity over the next 15 years, according to special presidential envoy Hashim Djojohadikusumo.
13 Nov 2024
Business News
Energy
Energy Transition