News | Business-Indonesia

Against Expectations, Bank Indonesia Keeps Benchmark Rate at 4.75%

Bank Indonesia (BI) held its benchmark 7-day reverse repurchase rate at 4.75% during its Board of Governors Meeting on October 21–22, 2025, surprising markets that had expected another rate cut.

22 Oct 2025
Indonesia to Have National Car Within Three Years: Prabowo

President Prabowo Subianto announced that the government has begun initial steps to produce a domestically made car within the next three years. He stated that this initiative marks a significant

21 Oct 2025
This Week’s Headlines (Oct.11 – Oct. 17, 2025)

Indonesia’s investment momentum slows in Q3, its rupiah seen rebounding on stronger inflows, and new radiation checks mandated for factories are among This Week’s Headlines (Oct. 11–17, 2025).

17 Oct 2025
Indonesia to Allow Foreign Nationals to Lead State-Owned Enterprises

President Prabowo Subianto announced that he has amended regulations to allow expatriates or foreign nationals (Warga Negara Asing or WNA) to lead Indonesia’s State-Owned Enterprises (SOEs).

16 Oct 2025
Government Considers VAT Reduction

The Finance Ministry is considering a reduction in the value-added tax (VAT) rate to boost household spending as tax revenue slows and economic activity shows signs of weakening.

15 Oct 2025
Indonesia’s Retail Remains Firm as Consumers Tighten Choice

Retail in Indonesia remains firm. Household consumption continues to anchor the economy, inflation remains subdued, and retail sales show consistent year-on-year growth. With GDP expected to expand by

08 Oct 2025
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

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Indonesia’s New Investment Regulation to Accelerate Licensing Process

Minister of Investment and Downstream Industry and Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, stated that the investment licensing process in Indonesia has undergone

Indonesia Eyes Australian Lithium to Boost EV Battery Ambitions

Indonesia is intensifying efforts to secure lithium imports from Australia as part of its strategy to become a global hub for electric vehicle (EV) battery manufacturing. The move aims to fill a

Energy Transition

Indonesia’s Economy Grows 5.12% in Q2 2025, Driven by Exports and Consumption

Statistics Indonesia (BPS) recorded Indonesia’s economic growth in the second quarter of 2025 at 5.12% year-on-year, rising from 5.05% in the same period last year. This figure reflects a continue

Export & Import

This Week’s Headlines (Jul. 26 - Aug. 1, 2025)

Business-Indonesia This Week's Headlines Issue #172

Export & Import

International Cooperation

Vale Indonesia Begins Construction of Pomalaa Nickel Project in Southeast Sulawesi

PT Vale Indonesia Tbk has officially commenced the construction phase of infrastructure for the Indonesia Growth Project (IGP) in Pomalaa, Kolaka Regency, Southeast Sulawesi.

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