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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Topic

Publication Date

This Week’s Headlines (Feb 24 – Mar 1, 2024)

Business-Indonesia This Week's Headlines Issue #110

Bilateral Cooperation

Electric Vehicles

Energy Transition

Solar PV still has significant potential in Indonesia

In 2021, Indonesia has identified solar energy as a key resource for the nation, with the Ministry of Energy and Mineral Resources (MEMR) estimating a vast potential of 3,294 GW.

Energy Transition

Indonesia Prepares Incentives for Carbon Capture Projects

The government is gearing up to introduce implementingregulations to incentivize CCS projects, as confirmed by Mr. Tutuka Ariadji,

Energy Transition

Locally produced green hydrogen is the cheapest way to fuel cars in Indonesia, says state-owned power monopoly

Indonesia’s state-owned power giant PLN has said that locally produced green hydrogen is the cheapest transport fuel in the country — with a lower per-km cost than electrons for battery electric

Energy Transition

Hydrogen in Indonesia

This Week’s Headlines (Feb 17 - 23, 2024)

Business-Indonesia This Week's Headlines Issue #109

Bilateral Cooperation

Electric Vehicles

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