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 kickstarts policy plan for JETP-fund driven energy transition

The Indonesian government, on Tuesday, November 21, 2023, finally launched its Comprehensive Investment Policy Plan (CIPP) in its effort to realize the US$20 billion (or roughly Rp 311.4 trillion)

Bilateral Cooperation

Energy Transition

PLN Launches 21 Green Hydrogen Plants; Highest in Southeast Asia

Indonesian-owned electricity giant PT PLN inaugurated 21 Green Hydrogen Plants (GHP) spread across the archipelago at the Tanjung Priok Steam Gas Power Plant (PLTGU), Jakarta on Monday, November 20

Energy Transition

Hydrogen in Indonesia

This Week’s Headlines (Nov 11 - 17, 2023)

Business-Indonesia This Week’s Headlines Issue #96

Electric Vehicles

Energy Transition

Indonesia, US to elevate partnership status, economic cooperation

Indonesian President Joko Widodo met with US President Joe Biden at the White House in Washington, D.C., on Monday, November 13, 2023. During the meeting, both leaders agreed to elevate the countries'

15 Nov 2023

Bilateral Cooperation

This Week’s Headlines (November 4 - 10, 2023)

Business-Indonesia This Week's Headlines Issue #95

Bilateral Cooperation

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