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 (31 Dec 2022 - 6 Jan 2023)

This Week's Headlines Series

Bauxite Export Ban Starting Mid 2023

Indonesia will impose a bauxite export ban starting from June 2023, President Joko Widodo announced from the Presidential Palace in Jakarta on December 21, 2022. This decision was taken to reduce

Govt. lifts all COVID-19 restrictions

The Indonesian government has decided to lift its public activity restriction policy on COVID-19 in light of steadily declining infection rates in the country.

Indonesian construction market steadily recovers

Apart from some operational disruptions due to the Russia-Ukraine war and the still-ongoing pandemic, the construction industry in Indonesia – which is segmented by the key sectors of commercial,

This Week's Headlines (10 - 16 Dec 2022)

This Week's Headlines Series

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