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 is walking the carbon capture talk

In early 2024, the Ministry of Energy and Mineral Resources (ESDM) revealed that Indonesia boasts a national carbon storage potential of 572 gigatons of CO2 in saline aquifers and an additional 4.85

Apple and Microsoft CEOs to meet Jokowi this April

CEO of Apple Inc. Tim Cook and CEO of Microsoft Satya Nadella, are scheduled for a meeting with President Joko Widodo in Jakarta, Indonesia, as confirmed by Nezar Patria, Deputy Minister of

This Week's Headlines (March 16 - 22, 2024)

Business-Indonesia This Week's Headlines Issue #113

Trade Minister to revisit carry-on import restrictions

The Ministry of Trade plans to revise the newly imposed limitations on carry-on items for international travelers, a few days after the regulations took effect on March 10, 2024.

Export & Import

Getting to know green hydrogen: its types, benefits, and challenges for Indonesia's energy transition

Green hydrogen is becoming the belle of clean energy to accelerate the renewable energy transition. The whole world is competing to produce this environmentally friendly energy source

Energy Transition

Hydrogen in Indonesia

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