News | Business-Indonesia

Indonesia to Allow Foreign Nationals to Lead State-Owned Enterprises

President Prabowo Subianto announced that he has amended regulations to allow expatriates or foreign nationals (Warga Negara Asing or WNA) to lead Indonesia’s State-Owned Enterprises (SOEs).

16 Oct 2025
Government Considers VAT Reduction

The Finance Ministry is considering a reduction in the value-added tax (VAT) rate to boost household spending as tax revenue slows and economic activity shows signs of weakening.

15 Oct 2025
Indonesia’s Retail Remains Firm as Consumers Tighten Choice

Retail in Indonesia remains firm. Household consumption continues to anchor the economy, inflation remains subdued, and retail sales show consistent year-on-year growth. With GDP expected to expand by

08 Oct 2025
IDR 112.4 Trillion in Loans Distributed from IDR 200 Trillion of Injected State Funds, Minister Says

Finance Minister Purbaya Yudhi Sadewa announced that state-owned banks under the Himpunan Bank Milik Negara (Himbara) have disbursed productive loans amounting to IDR 112.4 trillion from the

14 Oct 2025
This Week’s Headlines (Oct. 4 – Oct. 10, 2025)

Indonesia’s talks with China on high-speed rail debt, its delayed peak emissions goal, and ASEAN’s 2026 digital economy pact are among This Week’s Headlines (Oct. 4–10, 2025).

10 Oct 2025
US Keeps Door Open for Shrimp Imports from Indonesia Despite Radioactive Substance Case

The United States will keep its doors open for shrimp imports from Indonesia, despite recent discoveries of radioactive contamination involving cesium-137, the Indonesian government stated.

09 Oct 2025
Indonesia, EU Sign CEPA to Expand Trade and Investment

Indonesia and the European Union (EU) signed the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) on Tuesday after almost a decade of negotiations.

24 Sep 2025

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IKN Status Clarified: Remains to be the New Capital City

State Secretary Minister Prasetyo Hadi has clarified the meaning of Nusantara Capital City (IKN) in East Kalimantan being designated as the political capital in 2028. Prasetyo stated that there is

This Week’s Headlines (Sep. 13 - 19, 2025)

BI’s surprise rate cut lifting the IDX, parliament’s push to expand Prabowo’s 2026 budget, and Indonesia’s drive to start Mercosur trade talks are among This Week’s Headlines (Sep. 13–19, 2025).

Prabowo to Inaugurate Lumut Balai 2 Geothermal Power Plant in South Sumatra

President Prabowo Subianto is set to inaugurate the Lumut Balai 2 geothermal power plant (PLTP) in South Sumatra, according to Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia.

Energy Transition

Indonesia Central Bank Delivers Consecutive Rate Cuts to 4.75%

Bank Indonesia (BI) lowered its benchmark interest rate by 25 basis points (bps) to 4.75%, its sixth cut since September last year and the lowest since late 2022. The decision, taken at

Prabowo Launches 8+4+5 Economic Package: Internships, Labor-Intensive Projects, and Food Aid

President Prabowo Subianto has introduced an economic package program with a total incentive value of IDR 16.2 trillion (approx. USD 990 million). The program, called 8+4+5, consists of several

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