News | Business-Indonesia

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 inches closer towards moving its capital

President Joko Widodo’s decision of relocating Indonesia’s capital city from Jakarta in the island of Java to East Kalimantan has been given legal grounds. However, there still much to be done before

This Week's Headlines (15 - 21 Jan 2022)

This Week's Headlines Series

This Week's Headlines (8 - 14 Jan 2022)

This Week's Headlines Series

This Week's Headlines (1 - 7 Jan 2022)

This Week's Headlines Series

Indonesia ends negative trend in foreign investment in 2020

After two years of decline, there is an increase in foreign direct investment (FDI) in Indonesia. The reformed investment law should attract more funds in the future.

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