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 pushes onwards on implementation of MLFF Toll Road System

Indonesia remains on course for the implementation of a Multi Lane Free Flow (MLFF) non-stop toll system with partnering Hungarian company Roatex Ltd. Zrt, which has claimed that it has realized more

12 Jul 2023

Infrastructure

Investment

This Week's Headlines (1 - 7 July 2023)

Business-Indonesia This Week's Headlines Issue #78

Electric Vehicles

Indonesia reacquires upper-middle-income status after growth rebound

A powerful post-pandemic recovery has brought Indonesia back to being categorized as an upper middle-income country based on the latest classification from the World Bank issued in July 2023.

This Week’s Headlines (24 - 30 June 2023)

Business-Indonesia This Week's Headlines Issue #77

Energy Transition

Indonesia secures US$500 mln investment in green energy sector

Indonesia has received an investment commitment amounting to US$500 million, or IDR 7.5 trillion, to build a solar panel and module manufacturing industry with a capacity of 5 gigawatts (GW) in the

Bilateral Trade

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