News | Business-Indonesia

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
This Week’s Headlines (Nov. 9 - 15, 2024)

Business-Indonesia's This Week's Headlines Issue #138

15 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
Prabowo’s Economic Plans

On Sunday, October 20, 2024, Indonesia officially sworn in its eighth President, retired general Prabowo Subianto.

29 Oct 2024

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Indonesia’s PMI remains resilient amid regional expansion

Indonesia's manufacturing sector continues to show resilience, maintaining its Purchasing Managers' Index (PMI) in expansion territory for the 33rd consecutive month.

Indonesia allocates US$455 Million for electric motorcycle subsidy

Director General of New, Renewable Energy, and Energy Conservation at the Energy and Mineral Resources Ministry Dadan Kusdiana delivered that statement at the International Energy Agency’s (IEA) 9th

29 May 2024

Automotive

Business News

Manufacturing

Five Highly Prospective Indonesian Provinces in 2024

Indonesia's diverse provinces are demonstrating remarkable potential for economic growth, each driven by unique industries and strategic investments. Here are five provinces that stand out in 2024 for

28 May 2024

Economy

Insights

Investment

This Week’s Headlines (May 18–24, 2024)

This Week’s Headlines May 18–24 (Issue #121)

Electric Vehicles

Hyundai, Indonesia discuss hydrogen, EV cooperation

Hyundai Motor Group Chairman Chung Euisun has discussed cooperation on hydrogen-fueled cars and electric vehicles (EVs) with the Indonesian economy minister, as the automotive group plans to double

Bilateral Cooperation

Energy Transition

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