News | Business-Indonesia

Prabowo Inaugurates IDR 25 Trillion Worth of Renewable Energy Plant Projects in 15 Provinces

President Prabowo Subianto has officially inaugurated renewable energy power plants across 15 provinces simultaneously. Minister of Energy and Mineral Resources, Bahlil Lahadalia, announced that the

26 Jun 2025
Indonesia Targets 2034 for First Nuclear Power Plant, Considers Canada and Russia as Partners

Indonesia is preparing to launch its first nuclear power plant by 2034, a milestone move intended to boost long-term energy security and support the country’s transition to low-emission energy sources

25 Jun 2025
Minister: Iran-Israel Crisis May Hit Indonesian Industries, Govt. to Focus on Mitigating Layoffs

The escalating conflict between Iran and Israel is expected to have ripple effects on Indonesia’s industrial and employment sectors, particularly among export-oriented companies. Minister of Manpower

24 Jun 2025
BI Keeps Benchmark Interest Rate at 5.5%

Bank Indonesia (BI) has decided to maintain its benchmark interest rate (BI Rate) at 5.5% in June 2025. This decision takes into account controlled inflation and a stable rupiah exchange rate amid

19 Jun 2025
World Bank Approves USD 2.13 Billion Financing Package for Indonesia Economic Development

The World Bank has approved a total blended finance package of USD 2.13 billion to support Indonesia’s efforts to achieve high-income status by 2045. The financing comprises two major programs aimed

18 Jun 2025
Indonesia-Singapore to Develop Green Industrial Zone in Riau Islands, Use Clean Electricity

The governments of Indonesia and Singapore will develop an integrated green industrial zone in the Riau Islands. This development is part of a strategic cooperation agreed upon by both countries

17 Jun 2025
This Week’s Headlines (Jun. 7-13, 2025)

Business-Indonesia This Week's Headlines Issue #166

13 Jun 2025
Indonesia’s Manufacturing Sector: Growth Amid Global and Domestic Pressures

Indonesia’s manufacturing sector has experienced notable volatility in the first half of 2025. The S&P Global Manufacturing Purchasing Managers’ Index (PMI) showed signs of early strength, rising to

12 Jun 2025

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Indonesia’s trade surplus still beats expectations as export and import plunges

Indonesia posted another trade surplus at the end of April 2023 despite steep drops in both exports and imports amidst declining commodity prices. Indonesia exports in April 2023 dropped

This Week's Headlines (6 - 12 May 2023)

This Week's Headlines Series

Indonesia overtakes Australia as second world largest cobalt producer in 2022

Indonesia emerged as the second largest producer of cobalt, overtaking established producers like Australia and The Philippines with 5% of the supply in 2022, according to a report from UK-based

This Week's Headlines (29 Apr - 5 May 2023)

This Week's Headlines Series

IMF raises growth forecast for Asia, warns against complacency

The International Monetary Fund (IMF) has raised its latest regional economic growth forecast for Asia-Pacific to 4.6% this year, up slightly from the previous forecast of 4.3% issued in its World

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