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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State-owned firms plan $4bn nuclear hydrogen project in Indonesia powered by 1GW of small modular reactors

A new 1GW nuclear power plant dedicated to the production of clean hydrogen and ammonia will be built in Indonesia, if plans unveiled by two local state-owned firms, three Danish companies and one

Energy Transition

Hydrogen in Indonesia

This Week’s Headline (13 - 19 May 2023)

This Week's Headlines Series

Indonesia’s trade surplus still beats expectations as export and import plunges

Indonesia posted another trade surplus at the end of April 2023 despite steep drops in both exports and imports amidst declining commodity prices. Indonesia exports in April 2023 dropped

This Week's Headlines (6 - 12 May 2023)

This Week's Headlines Series

Indonesia overtakes Australia as second world largest cobalt producer in 2022

Indonesia emerged as the second largest producer of cobalt, overtaking established producers like Australia and The Philippines with 5% of the supply in 2022, according to a report from UK-based

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