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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This Week's Headlines (Jul. 13 - 19, 2024)

Business-Indonesia This Week's Headlines Issue #121

Jokowi Returns from Abu Dhabi, Brings Nickel Cooperation and IKN Investment

President Joko Widodo (Jokowi) has concluded his state visit to Abu Dhabi, United Arab Emirates (UAE). He arrived at the Halim Perdanakusuma Air Force Base in Jakarta at around 4:05 AM Western Indones

18 Jul 2024

Energy Transition

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Investment

Indonesian Government Forms Task Force to Address High Domestic Airfare Prices

The Indonesian government has formed a task force to address the issue of high domestic airfare prices, which have remained elevated since the COVID-19 pandemic. This initiative aims to reduce ticket

Indonesia's Trade Balance Surplus Narrows to US$2.39 Billion in June 2024

Indonesia’s trade balance surplus decreased to US$2.39 billion in June 2024, a reduction of $0.54 billion from the previous month’s $2.92 billion, according to Indonesia's Central Statistics Agency

This Week's Headlines (Jul. 6 -12, 2024)

Business-Indonesia This Week’s Headlines Issue #120

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