News | Business-Indonesia

This Week’s Headlines (Oct. 18 – Oct. 24, 2025)

Indonesia backs Brazil’s USD 125 billion forestry fund, plans bioethanol-blended fuel by 2027, and cuts year-end airfares by up to 14% in This Week’s Headlines (Oct. 18–24, 2025).

24 Oct 2025
Prabowo Seeks Brazil’s Support to Accelerate Indonesia–Mercosur Trade Agreement

President Prabowo Subianto has urged Brazilian President Luiz Inácio Lula da Silva to expedite negotiations on a trade agreement between Indonesia and the Mercosur bloc. Mercosur is a Latin American

23 Oct 2025
Against Expectations, Bank Indonesia Keeps Benchmark Rate at 4.75%

Bank Indonesia (BI) held its benchmark 7-day reverse repurchase rate at 4.75% during its Board of Governors Meeting on October 21–22, 2025, surprising markets that had expected another rate cut.

22 Oct 2025
Indonesia to Have National Car Within Three Years: Prabowo

President Prabowo Subianto announced that the government has begun initial steps to produce a domestically made car within the next three years. He stated that this initiative marks a significant

21 Oct 2025
Indonesia to Allow Foreign Nationals to Lead State-Owned Enterprises

President Prabowo Subianto announced that he has amended regulations to allow expatriates or foreign nationals (Warga Negara Asing or WNA) to lead Indonesia’s State-Owned Enterprises (SOEs).

16 Oct 2025
Indonesia’s Retail Remains Firm as Consumers Tighten Choice

Retail in Indonesia remains firm. Household consumption continues to anchor the economy, inflation remains subdued, and retail sales show consistent year-on-year growth. With GDP expected to expand by

08 Oct 2025
Indonesia, EU Sign CEPA to Expand Trade and Investment

Indonesia and the European Union (EU) signed the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) on Tuesday after almost a decade of negotiations.

24 Sep 2025

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IKN Status Clarified: Remains to be the New Capital City

State Secretary Minister Prasetyo Hadi has clarified the meaning of Nusantara Capital City (IKN) in East Kalimantan being designated as the political capital in 2028. Prasetyo stated that there is

This Week’s Headlines (Sep. 13 - 19, 2025)

BI’s surprise rate cut lifting the IDX, parliament’s push to expand Prabowo’s 2026 budget, and Indonesia’s drive to start Mercosur trade talks are among This Week’s Headlines (Sep. 13–19, 2025).

Prabowo to Inaugurate Lumut Balai 2 Geothermal Power Plant in South Sumatra

President Prabowo Subianto is set to inaugurate the Lumut Balai 2 geothermal power plant (PLTP) in South Sumatra, according to Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia.

Energy Transition

Indonesia Central Bank Delivers Consecutive Rate Cuts to 4.75%

Bank Indonesia (BI) lowered its benchmark interest rate by 25 basis points (bps) to 4.75%, its sixth cut since September last year and the lowest since late 2022. The decision, taken at

Prabowo Launches 8+4+5 Economic Package: Internships, Labor-Intensive Projects, and Food Aid

President Prabowo Subianto has introduced an economic package program with a total incentive value of IDR 16.2 trillion (approx. USD 990 million). The program, called 8+4+5, consists of several

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