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, Finland Discuss Cooperation Opportunities for IKN

Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono held a bilateral meeting with Deputy Minister of Foreign Affairs for International Trade of the Finnish Ministry of

This Week's Headlines (19 - 25 Nov 2022)

This Week's Headlines Series

Indonesian Exports Continue to Show Positive Performance

Indonesian exports continue to perform positively. In October 2022, exports were recorded at US$24.81 billion, or an increase of 12.3% year-on-year (yoy). This increase in exports was driven by

DFS holds great promise in Indonesia’s internet economy growth

With Indonesia’s digital economy set to hit US$77 billion in 2022, the future of digital financial services (DFS) sector looks bright as investors seek to diversify from the traditional growth drivers

This Week's Headlines (12 - 18 Nov 2022)

This Week's Headlines Series

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