News | Business-Indonesia

PLN to Build 40 MW Geothermal Power Plant in Ambon

State-owned electricity company PT Perusahaan Listrik Negara (PLN) plans to build a geothermal power plant (PLTP) with a capacity of 40 megawatts (MW). The project is part of the 2025–2034 Electricity

10 Apr 2025
Indonesia Pursues Strategic Engagement in Response to Trump Tariffs

Indonesia is opting for diplomacy and economic concessions in response to the sweeping 32% tariffs imposed by U.S. President Donald Trump. The policy, which affects several Southeast Asian economies,

09 Apr 2025
BPS Records 1.65% Inflation in March

Indonesia’s Statistics Agency (BPS) reported a Consumer Price Index (CPI) inflation of 1.65% month-on-month in March 2025, following two straight months of deflation. The increase was mainly driven by

08 Apr 2025
This Week’s Headlines (Mar. 29-Apr. 4, 2025)

Business-Indonesia This Week's Headlines Issue #158

04 Apr 2025
Indonesia’s Banking: Cautiously Optimistic

Economic growth in Indonesia is forecasted to remain moderate between 4.9% and 5.1% year-on-year (YoY) in 2025. Meanwhile, inflationary pressures remain elevated due to rising domestic costs and

17 Mar 2025

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Luhut Signals 12% VAT Postponement, Focuses on Power Subsidies for Middle Class

Chairman of the National Economic Council (DEN) Luhut Binsar Pandjaitan has indicated that the planned increase in Value-Added Tax (VAT) to 12% on January 1, 2025, will likely be postponed.

International Cooperation

Prabowo Secures Investment Commitments Worth IDR 294 Tn from Six Strategic Nations

In the past two weeks, President Prabowo Subianto has undertaken visits to several countries, including China, the United States, Peru, Brazil, the United Arab Emirates, and the United Kingdom. Throug

26 Nov 2024

Business News

International Cooperation

Investment

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

Insights

Logistics & Transports

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

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

Energy Transition

International Cooperation

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

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