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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Green hydrogen as instrument for clean energy transition

The industrial revolution has brought a new ray of hope for humans to progress further, though the modernization it brings has continued to trigger costly drastic changes

Energy Transition

Hydrogen in Indonesia

This Week's Headlines (Oct 21 - 27, 2023)

Business-Indonesia This Week’s Headlines Issue #93

Indonesia, US Explore Collaboration in Critical Minerals, Semiconductors

Officials from Indonesia and the United States (US) met in Washington, D.C., on Monday, October 23, 2023, and talked plans to work jointly in the critical minerals, cyber and maritime security, and

Bilateral Trade

This Week's Headlines (Oct 14 - 20, 2023)

Business-Indonesia This Week's Headlines Issu #92

Bilateral Trade

Indonesia Logs Surplus Despite Weakened Trade

Statistics Indonesia (BPS) reported a US$3.42 billion (Rp 53.7 trillion) trade surplus at the end of September 2023, continuing the country's long-running positive balance in world commerce for

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