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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Leaders set to address Indonesian-German Business Summit 2023 at Hannover Messe

On April 17, 2023, the Asia-Pacific Committee of German Business (APA), Hannover Messe, and the Indonesian Chamber of Commerce and Industry Indonesia (KADIN) will organize the

This Week’s Headlines (18 - 24 Mar 2023)

This Week's Headlines Series

Govt. Grants Incentives to Attract Foreign Investors to IKN

On March 6, 2023, the Indonesian government issued Government Regulation (PP) No. 12/2023 on the granting of business licenses, ease of doing business, and investment facilities for business actors

This Week’s Headline (11 - 17 Mar 2023)

This Week's Headlines Series

Indonesia maintains steady expansion of its manufacturing sector

Indonesia’s manufacturing sector remains expansive towards the end of the first quarter of 2023 and is expected to continue growing throughout the year as solid domestic demand should offset the

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