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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Indonesian Parliament approves additional budget for IKN

The Indonesian Parliament (DPR) officially approved on Friday, June 6, the government’s request for additional funding to accelerate the construction of the New Capital City Nusantara (IKN or Nusantar

This Week’s Headlines (3 - 9 June 2023)

Business-Indonesia This Week’s Headlines Issue #74

Indonesia to simplify e-bike subsidy scheme

The Indonesian government may be revising its electric motorcycle subsidy scheme and relax the subsidy's eligibility requirements to speed up e-bike adoption in the country.

Electric Vehicles

National Strategy on Business and Human Rights expected to be signed in August

The Presidential Decree (Perpres) for the National Strategy on Business and Human Rights could be signed by the President as early as August of this year, an Indonesian senior official said.

This Week’s Headlines (27 May - 2 Jun 2023)

Business-Indonesia This Week's Headlines Issue #75

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