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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Publication Date

Indonesia’s GDP grew 4.94% in third quarter of 2023

Indonesia's economy from July to September 2023 posted a 4.94% growth compared to the same quarter last year (y-to-y)

Report: e-commerce to fuel Indonesia’s digital economy growth to $110 Bn by 2025

Indonesia’s digital economy is expected to bounce back to its pre-pandemic levels with e-commerce steadily leading the path in both growth and profitability

Digital Economy

Black & Veatch Advances Green Hydrogen Production in Indonesia

Augustus Global Investment engaged Black & Veatch to conduct a study - found to be technically and economically feasible - on green hydrogen generation for its USD 500 million project in Indonesia’s

07 Nov 2023

Business News

Energy Transition

Hydrogen in Indonesia

This Week's Headlines (Oct 28 - 3 Nov 2023)

Business-Indonesia This Week's Headlines #94

Energy Transition

Indonesia expedites effort towards OECD Membership

Indonesian is expediting its efforts to be a full member of the Organization for Economic Cooperation and Development's (OECD). Indonesian Trade Minister Zulkifli Hasan, in a meeting with the

Multilateral Cooperation

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