News | Business-Indonesia

Bank Indonesia Cuts Benchmark Rate to 5% Amid Growth Support Measures

Bank Indonesia (BI) announced a surprise cut to its benchmark interest rate on Wednesday, lowering the 7-day reverse repurchase rate by 25 basis points to 5.00 percent.

20 Aug 2025
Pertamina Discovers New Gas in North Kalimantan, Near Malaysian Border

PT Pertamina Hulu Indonesia (PHI), through its subsidiary PT Pertamina EP (PEP) Tarakan, has recorded a new gas flow discovery from the Sembakung Deep (SBKD)-001 exploration well in the Sembakung Area

19 Aug 2025
This Week’s Headlines (Aug. 9 - 15, 2025)

Crackdown of illegal resource exploitation and Indonesia's latest retail data are among This Week's Headlines (Issue 174) at Business Indonesia.

15 Aug 2025
Luhut to Meet U.S. Trade Secretary in September Over Tariff Talks

Chairman of the National Economic Council (DEN) Luhut Binsar Pandjaitan is set to meet U.S. Secretary of Commerce Howard Lutnick in September 2025 to advance ongoing sectoral tariff negotiations

14 Aug 2025
Indonesia’s Bioenergy Industry Prepares for Growth in 2025

Indonesia is at a pivotal point in its energy transition, with bioenergy emerging as one of the country’s main resources for achieving a cleaner and more self-sufficient energy system. The sector has

12 Aug 2025
Indonesia Plans Sovereign AI Fund to Boost Technology Development

Indonesia is preparing to establish a “sovereign AI fund” to support its ambition of becoming a regional hub for artificial intelligence, according to a government strategy paper. The proposal is

13 Aug 2025
Indonesia, Peru Sign IP-CEPA to Boost Trade and Investment

Indonesia and Peru have officially signed the Indonesia–Peru Comprehensive Economic Partnership Agreement (IP-CEPA), marking a milestone in trade and investment relations between the two countries.

12 Aug 2025

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BI Cuts Interest Rate to 5.25%, Focuses on Stabilizing Rupiah and Boosting Indonesia’s Economy

Bank Indonesia (BI) officially cut its benchmark interest rate (BI Rate) by 25 basis points to 5.25% during the Board of Governors Meeting (RDG) held on July 15–16, 2025. At the same time, the Deposit

U.S. and Indonesia Reach Trade Agreement with 19% Tariff on Exports

The United States and Indonesia have reached a trade agreement of a reduced 19% tariff on Indonesian goods entering the U.S., along with major purchase commitments by Indonesia in American energy,

International Cooperation

Indonesia-EU CEPA Negotiations Conclude After 10 Years of Talks

President Prabowo Subianto and President of the European Commission Ursula von der Leyen have announced the conclusion of negotiations on the Comprehensive Economic Partnership Agreement (CEPA)

International Cooperation

This Week’s Headlines (Jul. 5 – 11, 2025)

Business-Indonesia This Week's Headlines Issue #169

International Cooperation

Beyond the Slowdown: The Digital and Green Turn in Indonesian Employment

In 2024, Indonesia’s gross domestic product grew by 5.03 percent, and labor force participation continued on a gradual upward trajectory. However, early 2025 brought mixed signs. The Manufacturing

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