News | Business-Indonesia

Indonesia to Build a USD 1.2 Bn Methanol Plant in Bojonegoro

Indonesia is planning to construct a methanol plant in Bojonegoro, East Java. The Minister of Energy and Mineral Resources, Bahlil Lahadalia, announced that the investment value of the plant is estima

12 Dec 2024
XL Axiata and Smartfren to Merge, Forming USD 6.5 Bn Telecom Giant

Indonesian telecommunications companies XL Axiata (EXCL) and Smartfren Telecom, along with its subsidiary Smart Telcom, have announced a strategic merger to create XLSmart.

11 Dec 2024
OECD Predicts Middling Economic Growth Under Prabowo Administration: 5.2% in 2025

The Organization for Economic Co-operation and Development (OECD) forecasts that Indonesia's economy will grow by only 5.2% in the first year of President Prabowo Subianto's administration, 2025. This

10 Dec 2024
Indonesia’s Digital Economy Still on Growth Track

On November 14, Indonesia played host to Jensen Huang, CEO of Nvidia, the world's most valuable company as of October 2024, with a market valuation reaching USD 3.53 trillion.

09 Dec 2024
This Week’s Headlines (Nov. 30 - Dec. 6, 2024)

Business-Indonesia's This Week's Headlines Issue #141

06 Dec 2024
Stable Growth for Indonesia’s Logistics Sector

Indonesia's logistics sector continues to demonstrate steady growth, driven by increased investments, government reforms, and substantial contributions to the nation's GDP. However, challenges remain,

25 Nov 2024

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Ministry of Industry launches Indonesia Manufacturing Center

The Ministry of Industry held a groundbreaking of the Indonesia Manufacturing Center (IMC) in Purwakarta, West Java, on Monday, December 5, 2022. Launched by Minister of Industry Agus Gumiwang

This Week's Headlines (26 Nov - 2 Dec 2022)

This Week's Headlines Series

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

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