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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Indonesia looks to nearly double the revenue of furniture export

Furniture makers in Indonesia aim to reach US$5 billion from furniture and handicrafts exports by the end of 2024, up from $2.9 billion in 2022. This should be possible as long as the Indonesian

For Indonesia, 2023 should be the year of energy transition

Since Russia launched a large-scale invasion of Ukraine back in February 2022, the global energy market has been hit hard. Most countries, including Indonesia, suffer from price volatility,

Indonesia on track to becoming a global EV supply-chain player

Investments into the country’s nickel mining and processing industry is looking to grow even bigger as companies race to build capital and take advantage of Indonesia’s vast nickel reserves.

This Week's Headlines (25 Feb - 3 Mar 2023)

This Week's Headlines Series

Indonesia to Ease Event Permits

Indonesia plans to make it easier for events to be organized in the country. During a weekly briefing between the Ministry of Tourism and Creative Economy and the press on February 27, 2023, Minister

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