News


The latest news and information about business in Indonesia.

Indonesia, EU Sign CEPA to Expand Trade and Investment
Indonesia and the European Union (EU) signed the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) on Tuesday after almost a decade of negotiations.
24 Sep 2025
Economy
International Cooperation
Trade
IKN Status Clarified: Remains to be the New Capital City
State Secretary Minister Prasetyo Hadi has clarified the meaning of Nusantara Capital City (IKN) in East Kalimantan being designated as the political capital in 2028. Prasetyo stated that there is
23 Sep 2025
Business News
Economy
This Week’s Headlines (Sep. 13 - 19, 2025)
BI’s surprise rate cut lifting the IDX, parliament’s push to expand Prabowo’s 2026 budget, and Indonesia’s drive to start Mercosur trade talks are among This Week’s Headlines (Sep. 13–19, 2025).
19 Sep 2025
Business News
Economy
Financial
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Prabowo to Inaugurate Lumut Balai 2 Geothermal Power Plant in South Sumatra
President Prabowo Subianto is set to inaugurate the Lumut Balai 2 geothermal power plant (PLTP) in South Sumatra, according to Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia.
18 Sep 2025
Business News
Economy
Energy Transition
Indonesia Central Bank Delivers Consecutive Rate Cuts to 4.75%
Bank Indonesia (BI) lowered its benchmark interest rate by 25 basis points (bps) to 4.75%, its sixth cut since September last year and the lowest since late 2022. The decision, taken at
17 Sep 2025
Business News
Economy
Financial