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 to establish Rp 2 trillion tourism fund

The Indonesian government is on track to establish an Indonesia Tourism Fund (ITF) by 2024, Indonesia’s Tourism and Creative Minister Sandiaga Uno announced following a limited meeting with President

ACWA Power unveils plans for 'more-than-$1bn' green hydrogen project in Indonesia

One of the developers behind the giant Neom green hydrogen facility has announced a plan to team up with two state-owned companies to build a renewable H2 project in Indonesia at a cost of more than

Energy Transition

Hydrogen in Indonesia

This Week’s Headlines (Nov 25 - Dec 1, 2023)

Business-Indonesia This Week’s Headlines Issue #98

Energy Transition

BI to keep rate steady until 2024

Bank Indonesia (BI) will maintain its benchmark interest rate at its current level of 6% until 2024 barring any major changes in global dynamics, BI Governor Perry Warjiyo said on

This Week’s Headlines (Nov 18 – 24, 2023)

Business-Indonesia This Week’s Headlines Issue #97

Energy Transition

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