News | Business-Indonesia

This Week’s Headlines (Oct. 13 - 18, 2024)

Business-Indonesia's This Week's Headlines Issue #134

18 Oct 2024
Investment Realization Reaches US$81 Bn by September

The Indonesian Ministry of Investment reported that investment realization from January to September 2024 surged by 19.78% year-on-year to Rp 1,261 trillion (approximately US$81 billion), with foreign

15 Oct 2024
Indonesia's Agriculture sector resilient amid medium-term risks

Indonesia’s agriculture sector is navigating a period of substantial challenges, with factors such as volatile weather patterns, global commodity price fluctuations, and domestic structural issues pre

11 Oct 2024
Jokowi Opens ISF 2024, Calls for Global Collaboration on Climate Change

Indonesian President Joko Widodo (Jokowi) officially opened the Indonesia International Sustainability Forum (ISF) 2024 in Jakarta on Thursday, September 5. The forum, themed "Towards Sustainable an

05 Sep 2024
Indonesia’s Inflation Remains Within Central Bank Range in August

Indonesia’s annual inflation rate remained stable at 2.12% in August, compared to 2.13% in July, according to data released by Statistics Indonesia (BPS) on Monday. This rate aligns with

04 Sep 2024
Govt’s free-nutritious meal plan, rising income poised to boost Indonesia’s dairy sector

The Indonesian dairy sector is poised for growth, driven by the increasing disposable income of the middle class and rapid urbanization. Trends include consumers with higher purchasing power shifting

23 Aug 2024
Investment Minister Meets with PM Wong and Singaporean Conglomerates, Seeks Increased Investment in Indonesia

Investment Minister Rosan Roeslani aims to boost Singapore’s investment in Indonesia beyond USD 63.17 billion or IDR 979 trillion. Singapore was Rosan’s first destination after being appointed as the

27 Aug 2024
BPS: Indonesia's Q2 2024 Economic Growth Slows to 5.05%

The Indonesian economy experienced slower growth in the second quarter of 2024, as reported by the Central Statistics Agency (BPS). The country's gross domestic product (GDP) at current prices

06 Aug 2024

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Topic

Publication Date

Indonesian Communications Minister Meets with U.S. Ambassador to Discuss Submarine Cable and Satellite Investment

Indonesia's Minister of Communication and Informatics, Budi Arie Setiadi, held a meeting with the U.S. Ambassador to Indonesia, Kamala Shirin Lakhdhir, at the ministry’s office in Jakarta on Thursday

ICT & Digital Economy

Jokowi Breaks Ground on First Foreign Investment in Indonesia’s New Capital

President Joko "Jokowi" Widodo officially broke ground on Wednesday for the first foreign investment project in Indonesia's new capital, Nusantara. The project, backed by the Chinese property firm Del

25 Sep 2024

Business News

IKN

Investment

Layoffs Surge by 23.7%, Textile Workers Among the Most Vulnerable

The Ministry of Manpower (Kemenaker) has reported a significant increase in layoffs (PHK) between January and August 2024, reaching 46,240 people. This marks a 23.71% rise compared to 37,375 layoffs d

24 Sep 2024

Business News

Economy

Business-Indonesia's This Week's Headlines Issue #130

Business-Indonesia's This Week's Headlines Issue #130

Energy Transition

Bank Indonesia Lowers Interest Rate to 6% Amid Stable Inflation

Bank Indonesia (BI) has reduced its benchmark interest rate by 25 basis points (bps) to 6% as of September 2024. The Indonesian central bank also lowered the deposit facility rate to 5.25% and the len

19 Sep 2024

Business News

Economy

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