News | Business-Indonesia

Stable Growth for Indonesia’s Logistics Sector

Indonesia's logistics sector continues to demonstrate steady growth, driven by increased investments, government reforms, and substantial contributions to the nation's GDP. However, challenges remain,

25 Nov 2024
This Week’s Headlines (Nov. 16 - 22, 2024)

Business-Indonesia's This Week's Headlines Issue #139

22 Nov 2024
Ministry of Industry to review Apple's USD 100 million investment proposal

The Ministry of Industry will hold an internal leadership meeting today, November 21, to discuss Apple’s investment proposal of USD 100 million, or equivalent to IDR 1.6 trillion. If approved, the dea

21 Nov 2024
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
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
Free Medical Check-Ups: Another Boon to Indonesia’s Pharmaceutical Industry

In late September of this year, it was announced that President Prabowo Subianto would allocate Rp 3.3 trillion (roughly US$209.8 million) to provide free medical check-ups starting in 2025. The progr

08 Nov 2024

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QRIS Transactions Surge, ATM Card Usage Declines

Bank Indonesia has reported a significant surge in transactions made through the Quick Response Code Indonesian Standard (QRIS), with a 207.44% increase recorded in July 2024. In contrast, the usage o

22 Aug 2024

Business News

Digital Economy

Govt. To Start Free Nutritious Meal Program on Jan. 25, 2025

The free nutritious meal program, a flagship campaign promise of President-elect Prabowo Subianto, is set to begin on January 2, 2025. The program will be managed by the newly established National Nut

21 Aug 2024

Business News

Dairy Products

Food & Beverages

Rosan Roeslani Takes Office as Minister of Investment Amidst Cabinet Reshuffle

Rosan Roeslani officially began his duties as Minister of Investment and Head of the Investment Coordinating Board (BKPM) on Monday, August 19, following a major cabinet reshuffle by President Joko “J

This Week’s Headlines (Aug. 10 – Aug. 16, 2024)

Business-Indonesia This Week’s Headlines Issue #125

Export & Import

Prabowo-Gibran Economic Team to Establish Carbon Agency

The Presidential Staff Office (KSP) and the Economic Team of President and Vice President-Elect Prabowo Subianto and Gibran Rakabuming Raka are working on establishing a carbon agency. This organizati

15 Aug 2024

Business News

Energy

Energy Transition

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