News | Business-Indonesia

This Week’s Headlines July 20- 26 (Issue #121)

Business-Indonesia This Week's Headlines Issue #121

26 Jul 2024
Despite significant challenges, Indonesia’s textile sector remains prospective

Indonesia's textile industry faces significant hurdles due to global economic conditions. Factors such as high interest rates in the US and economic slowdowns in key markets like the US and Europe are

24 Jul 2024
Government Expands Simbara System to Enhance Mining Sector Governance, Prevent Fraud

The Indonesian government has expanded the Mineral and Coal Information System (Simbara) to include nickel and tin commodities, aiming to increase state revenue and improve governance in the mining

23 Jul 2024
Jokowi Returns from Abu Dhabi, Brings Nickel Cooperation and IKN Investment

President Joko Widodo (Jokowi) has concluded his state visit to Abu Dhabi, United Arab Emirates (UAE). He arrived at the Halim Perdanakusuma Air Force Base in Jakarta at around 4:05 AM Western Indones

18 Jul 2024
Indonesia's Trade Balance Surplus Narrows to US$2.39 Billion in June 2024

Indonesia’s trade balance surplus decreased to US$2.39 billion in June 2024, a reduction of $0.54 billion from the previous month’s $2.92 billion, according to Indonesia's Central Statistics Agency

16 Jul 2024
Indonesian Government Forms Task Force to Address High Domestic Airfare Prices

The Indonesian government has formed a task force to address the issue of high domestic airfare prices, which have remained elevated since the COVID-19 pandemic. This initiative aims to reduce ticket

17 Jul 2024

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Publication Date

World Bank Projects Steady Growth for Indonesian Economy Amid Fiscal Challenges

Indonesia's economy is expected to grow steadily over the next few years, supported by robust domestic consumption and investment, according to a World Bank report released on Monday. The report

This Week’s Headlines (Jun 15-21, 2024)

Business-Indonesia This Week’s Headlines Issue #118

Electric Vehicles

Energy Transition

Indonesia climbs 7 places, surpasses Malaysia, Japan and UK, in IMD competitiveness ranking

Indonesia has advanced to the 27th position in the 2024 IMD World Competitiveness Ranking (WCR), a significant improvement from 34th place in 2023, placing the nation ahead of Malaysia, Japan, and

This Week's Headlines (Jun 8 - 14, 2024)

Business-Indonesia This Week’s Headlines Issue #117

Electric Vehicles

Indonesia’s automotive industry still recovering, remains resilient

Indonesia's automotive industry, a crucial pillar of the nation's economy, is still recovering amidst various economic and political challenges. While the sector has faced hurdles in the past year,

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