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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HBA in August reaches US$321.59 per ton due to European gas supply condition

European gas supply condition has had a significant effect on the Reference Coal Price (HBA) in August 2022 of US$2.59 per ton from the previous month. Thus,

This Week's Headlines (23 - 29 Jul 2022)

This Week's Headlines Series

Double-Digit Growth: Manufacturing Sector Investment Exceeds Rp 230 Trillion

The manufacturing industry is increasingly disbursing funds to increase capacity and make Indonesia a production base in an effort to meet the demand of the domestic and export markets. This is reflec

27 Jul 2022

This Week's Headllines (16 - 22 Jul 2022)

Business-Indonesia This Week's Headlines Series

Q2 FDI highest in last decade

Indonesia recorded the highest second quarter increase in foreign direct investment in over a decade, according to the Ministry of Investment, a continuation of the trend in foreign investment from th

21 Jul 2022

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