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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Indonesia to launch golden visa soon

The Indonesian government will launch its Golden Visa scheme in the near future, Minister of Tourism and Creative Economy Sandiaga Uno announced following a cabinet meeting held between President

Indonesia’s downstreaming policy gives its mining sector significant room for growth

Read our Mining Insight from the monthy Insights issue. Indonesia’s mining sector has seen its share in GDP contribution growing rapidly in the last five years, from just 7.18% in 2016 to over 12%

This Week’s Headlines (20 - 26 May 2023)

Business-Indonesia This Week's Headlines Issue #74

Indonesia, Japan signs agreements on IKN development

Indonesia and Japan have signed five memoranda of understanding (MoUs) and 24 letters of intent (LoIs) on the development of the New Capital City (IKN) project initiated by President Joko Widodo.

State-owned firms plan $4bn nuclear hydrogen project in Indonesia powered by 1GW of small modular reactors

A new 1GW nuclear power plant dedicated to the production of clean hydrogen and ammonia will be built in Indonesia, if plans unveiled by two local state-owned firms, three Danish companies and one

Energy Transition

Hydrogen in Indonesia

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