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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Publication Date

BPS: Indonesia's Q2 2024 Economic Growth Slows to 5.05%

The Indonesian economy experienced slower growth in the second quarter of 2024, as reported by the Central Statistics Agency (BPS). The country's gross domestic product (GDP) at current prices

This Week’s Headlines July 27 – Aug 2 (Issue #123)

Business-Indonesia This Week's Headlines Issue #123

Bilateral Cooperation

This Week's Headlines

Indonesia Experiences Three Consecutive Months of Deflation Due to Decline in Food and Beverage Consumption

The Central Statistics Agency (BPS) reported that Indonesia experienced a monthly deflation of 0.18% in July 2024, with the Consumer Price Index (CPI) dropping from 106.28 in June 2024 to 106.09 in Ju

01 Aug 2024

Business News

Economy

Indonesia Accelerates Development of Carbon Capture Sector

The Indonesian government is intensifying efforts to develop its carbon capture and storage (CCS) industry to combat climate change, aiming to leverage its vast storage capacity in saline aquifers and

31 Jul 2024

Business News

Energy Transition

Government Absorbs Rp 829 Trillion in Investment in First Half of 2024, Up 22.3%

The Ministry of Investment/Investment Coordinating Board (BKPM) recorded a total investment of Rp 829.9 trillion in the first half of this year, marking a 22.3% annual increase.

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