News | Business-Indonesia

Indonesia to Have National Car Within Three Years: Prabowo

President Prabowo Subianto announced that the government has begun initial steps to produce a domestically made car within the next three years. He stated that this initiative marks a significant

21 Oct 2025
This Week’s Headlines (Oct.11 – Oct. 17, 2025)

Indonesia’s investment momentum slows in Q3, its rupiah seen rebounding on stronger inflows, and new radiation checks mandated for factories are among This Week’s Headlines (Oct. 11–17, 2025).

17 Oct 2025
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
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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This Week's Headlines (10 - 16 Dec 2022)

This Week's Headlines Series

Easing Business Visit to Indonesia with e-VoA

The Directorate General of Immigration of the Republic of Indonesia (“Director-General”) has issued Circular No. IMI-0794-GR.01.01 of 2022 concerning Immigration Policies for the e-Voa, Visa-on-

This Week's Headlines (3 - 9 Dec 2022)

This Week's Headlines Series

Indonesia’s new capital construction underway

The construction of Indonesia’s new capital city Nusantara goes underway as the government actively seeks foreign funds needed to fulfill the city’s ambition of being a quintessential modern

Ministry of Industry launches Indonesia Manufacturing Center

The Ministry of Industry held a groundbreaking of the Indonesia Manufacturing Center (IMC) in Purwakarta, West Java, on Monday, December 5, 2022. Launched by Minister of Industry Agus Gumiwang

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