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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Commitment to Net Zero Emission, PHE Explores the Geological Hydrogen Exploration Potential in Indonesia

PT Pertamina Hulu Energi (PHE), Pertamina's Upstream Subholding, continues to pursue various innovations and developments in the exploration field as part of the company's efforts to enhance

Energy Transition

Hydrogen in Indonesia

This Week's Headlines (May 4-10, 2024)

Business Indonesia This Week's Headlines Issue#119

New capital Nusantara as key to National Hydrogen Strategy

Indonesia is wealthy, in terms of new and renewable energy (NRE), and possesses abundant water resources due to large numbers and areas of lakes, rivers, and seas in addition to near-constant sunshine

09 May 2024

Business News

Energy Transition

Hydrogen in Indonesia

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Indonesia posts 5.11% economic growth in Q1 2024

Indonesia’s economy outpaced forecasts by posting an annual growth of 5.11% (year-on-year) in the first quarter of 2024 following increased public spending due to the national elections and increased

This Week’s Headlines (Apr 27 - May 3, 2024)

Business-Indonesia This Week’s Headlines Issue #118

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