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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Investment speeds up in first quarter, opportunities in Merauke’s sugar industry

Indonesia reported an investment realization of Rp 401.5 trillion (US$24.7 billion) in the first quarter of 2024, representing a 22.1% increase from the previous year, according to data release

Indonesia has massive potential in green housing and data centers

The need for green buildings has increasingly become a defined priority worldwide. According to the Paris-based International Energy Agency, the operations of buildings account for 30% of global

This Week's Headlines (Apr. 20 – 26, 2024)

Business-Indonesia This Week's Headlines Issue #117

Electric Vehicles

Indonesia’s March trade surplus hits 13-month high

Indonesia’s March trade surplus soared to a 13-month high of US$4.47 billion, fueled by robust export and a decline in imports, as per the latest data from the Indonesian Statistic Agency (BPS) releas

Export & Import

This Week’s Headlines (Apr. 13–19, 2024)

Business-Indonesia This Week’s Headlines Issue #116

Digital Economy

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