News | Business-Indonesia

Indonesia to Allow Foreign Nationals to Lead State-Owned Enterprises

President Prabowo Subianto announced that he has amended regulations to allow expatriates or foreign nationals (Warga Negara Asing or WNA) to lead Indonesia’s State-Owned Enterprises (SOEs).

16 Oct 2025
Government Considers VAT Reduction

The Finance Ministry is considering a reduction in the value-added tax (VAT) rate to boost household spending as tax revenue slows and economic activity shows signs of weakening.

15 Oct 2025
Indonesia’s Retail Remains Firm as Consumers Tighten Choice

Retail in Indonesia remains firm. Household consumption continues to anchor the economy, inflation remains subdued, and retail sales show consistent year-on-year growth. With GDP expected to expand by

08 Oct 2025
IDR 112.4 Trillion in Loans Distributed from IDR 200 Trillion of Injected State Funds, Minister Says

Finance Minister Purbaya Yudhi Sadewa announced that state-owned banks under the Himpunan Bank Milik Negara (Himbara) have disbursed productive loans amounting to IDR 112.4 trillion from the

14 Oct 2025
This Week’s Headlines (Oct. 4 – Oct. 10, 2025)

Indonesia’s talks with China on high-speed rail debt, its delayed peak emissions goal, and ASEAN’s 2026 digital economy pact are among This Week’s Headlines (Oct. 4–10, 2025).

10 Oct 2025
US Keeps Door Open for Shrimp Imports from Indonesia Despite Radioactive Substance Case

The United States will keep its doors open for shrimp imports from Indonesia, despite recent discoveries of radioactive contamination involving cesium-137, the Indonesian government stated.

09 Oct 2025
Indonesia, EU Sign CEPA to Expand Trade and Investment

Indonesia and the European Union (EU) signed the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) on Tuesday after almost a decade of negotiations.

24 Sep 2025

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Government Plans 70 Residential Towers to Elevate IKN’s Housing Horizon

The Authority for the Nusantara Capital City (OIKN) has unveiled plans to kick off the construction of 70 residential towers in the forthcoming capital city later this year, leveraging a

Indonesia’s construction sector remains sturdy

Mr. Subianto’s likely electoral victory may be regarded as a sign of certainty for the prospects of the country’s construction sector as a whole

This Week’s Headlines (Mar 2 – 8, 2024)

Business-Indonesia This Week’s Headlines Issue #111

This Week's Headlines

Indonesia Maintains Inflation Rate Amid Food Price Surge

Indonesia managed to maintain its inflation rate within the central bank's target range of 1.5% to 3.5% in February 2024, despite a notable increase in volatile food prices, latest figures from the In

05 Mar 2024

Business News

Economy

This Week’s Headlines (Feb 24 – Mar 1, 2024)

Business-Indonesia This Week's Headlines Issue #110

Electric Vehicles

Energy Transition

International Cooperation

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