News | Business-Indonesia

This Week’s Headlines (Oct. 13 - 18, 2024)

Business-Indonesia's This Week's Headlines Issue #134

18 Oct 2024
Investment Realization Reaches US$81 Bn by September

The Indonesian Ministry of Investment reported that investment realization from January to September 2024 surged by 19.78% year-on-year to Rp 1,261 trillion (approximately US$81 billion), with foreign

15 Oct 2024
Indonesia's Agriculture sector resilient amid medium-term risks

Indonesia’s agriculture sector is navigating a period of substantial challenges, with factors such as volatile weather patterns, global commodity price fluctuations, and domestic structural issues pre

11 Oct 2024
Jokowi Opens ISF 2024, Calls for Global Collaboration on Climate Change

Indonesian President Joko Widodo (Jokowi) officially opened the Indonesia International Sustainability Forum (ISF) 2024 in Jakarta on Thursday, September 5. The forum, themed "Towards Sustainable an

05 Sep 2024
Indonesia’s Inflation Remains Within Central Bank Range in August

Indonesia’s annual inflation rate remained stable at 2.12% in August, compared to 2.13% in July, according to data released by Statistics Indonesia (BPS) on Monday. This rate aligns with

04 Sep 2024
Govt’s free-nutritious meal plan, rising income poised to boost Indonesia’s dairy sector

The Indonesian dairy sector is poised for growth, driven by the increasing disposable income of the middle class and rapid urbanization. Trends include consumers with higher purchasing power shifting

23 Aug 2024
Investment Minister Meets with PM Wong and Singaporean Conglomerates, Seeks Increased Investment in Indonesia

Investment Minister Rosan Roeslani aims to boost Singapore’s investment in Indonesia beyond USD 63.17 billion or IDR 979 trillion. Singapore was Rosan’s first destination after being appointed as the

27 Aug 2024
BPS: Indonesia's Q2 2024 Economic Growth Slows to 5.05%

The Indonesian economy experienced slower growth in the second quarter of 2024, as reported by the Central Statistics Agency (BPS). The country's gross domestic product (GDP) at current prices

06 Aug 2024

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Indonesia's Parliament Approves Higher Spending for Incoming Prabowo Government

Indonesia’s key parliamentary budget committee has approved a 6% rise in spending for the incoming administration of President-elect Prabowo Subianto.

Indonesia's Trade Surplus Reaches 52 Consecutive Months with $ 2.90 Bn

Indonesia's trade balance recorded a surplus in August 2024, marking the 52nd consecutive month of surplus since May 2020, according to the Central Statistics Agency (BPS).

Indonesia’s Cosmetics Sector Remains Radiant Amidst Global Economic Downturn

Indonesia's cosmetics industry is looking bright, defying global economic challenges with strong growth fueled by its large and youthful consumer base. The sector's expansion is driven by rising consu

13 Sep 2024

Cosmetics

Insights

This Week’s Headlines Sep 7 – Sep 13

Business-Indonesia's This Week's Headlines Issue #129

Logistics & Transports

Finance Ministry to Extend Tax-Free Home Purchase Incentive

The Ministry of Finance has announced plans to extend the 100% Government-Borne Value Added Tax (PPN DTP) incentive for home purchases until the end of the year.

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