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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Upstream Oil and Gas Investment Reaches IDR 117 Tn in First Half of 2025

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) recorded that investment in Indonesia’s upstream oil and gas sector reached USD 7.19 billion or IDR 117.23 trillion

This Week’s Headlines (Jul. 12 - 18, 2025)

Business-Indonesia This Week's Headlines Issue #170

Digital Economy

International Cooperation

BI Cuts Interest Rate to 5.25%, Focuses on Stabilizing Rupiah and Boosting Indonesia’s Economy

Bank Indonesia (BI) officially cut its benchmark interest rate (BI Rate) by 25 basis points to 5.25% during the Board of Governors Meeting (RDG) held on July 15–16, 2025. At the same time, the Deposit

U.S. and Indonesia Reach Trade Agreement with 19% Tariff on Exports

The United States and Indonesia have reached a trade agreement of a reduced 19% tariff on Indonesian goods entering the U.S., along with major purchase commitments by Indonesia in American energy,

International Cooperation

Indonesia-EU CEPA Negotiations Conclude After 10 Years of Talks

President Prabowo Subianto and President of the European Commission Ursula von der Leyen have announced the conclusion of negotiations on the Comprehensive Economic Partnership Agreement (CEPA)

International Cooperation

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