News


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

Indonesia Rolls Out USD 51.65 Bn Stimulus Package Ahead of VAT Increase
The Indonesian government has unveiled an economic stimulus package worth IDR 827 trillion (USD 51.65 billion) to ease the impact of the VAT increase from 11% to 12%, set to take effect on January 1,
18 Dec 2024
Business News
Economy
Taxation
Imports Plummet, Trade Balance Surplus Rises to USD 4.4 Bn in November
The Central Statistics Agency (BPS) recorded a trade balance surplus of USD 4.42 billion in November 2024. This surplus is higher compared to the previous month’s USD 2.48 billion and the same period
17 Dec 2024
Business News
Economy
Export & Import
This Week’s Headlines (Dec. 7 - 13, 2024)
Business-Indonesia's This Week's Headlines Issue #142
13 Dec 2024
Commodities
Economy
Investment
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XL Axiata and Smartfren to Merge, Forming USD 6.5 Bn Telecom Giant
Indonesian telecommunications companies XL Axiata (EXCL) and Smartfren Telecom, along with its subsidiary Smart Telcom, have announced a strategic merger to create XLSmart.
11 Dec 2024
Business News
Economy