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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This Week's Headlines (29 Apr - 5 May 2023)

This Week's Headlines Series

IMF raises growth forecast for Asia, warns against complacency

The International Monetary Fund (IMF) has raised its latest regional economic growth forecast for Asia-Pacific to 4.6% this year, up slightly from the previous forecast of 4.3% issued in its World

This Week's Headlines (22 - 28 April 2023)

This Week's Headlines Series

Agritech has massive potential in Indonesia

Amid Indonesia's push towards becoming an industrialized nation, it’s easy to overlook another major pillar of the country’s economic strength: Agriculture.

Indonesia posts US$8.6Bn budget surplus in Q1

Indonesia posts a budget surplus of more than Rp 128.5 trillion (approximately US$8.65 billion) in the first quarter of the year due to strong revenue collection. The figure is a tenfold year-on-year

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