• Saturday, 18 January 2025

Business

Bank Indonesia Lowers Interest Rate to 5.75 Pct. as per January 2...

Bank Indonesia Lowers Interest Rate to 5.75 Pct. as per January 2...

Bank Indonesia (BI) has announced a 25-basis-point (bps) reduction in its benchmark BI 7-day Repo Rate (BI7DRR), bringing it down to 5.75 percent.

Forbes Lists the 10 Richest Indonesians for 2025

Forbes Lists the 10 Richest Indonesians for 2025

Forbes has unveiled the list of Indonesia’s 10 richest individuals for early 2025, with Prajogo Pangestu, the owner of Barito Pacific Group, claiming the top spot.

Indonesia, Qatar Agreed on Joint Building of 1 Million Units of A...

Indonesia, Qatar Agreed on Joint Building of 1 Million Units of A...

The governments of Indonesia and Qatar signed a memorandum of understanding (MoU) for investment in the development of the 1 Million Residential Unit Project for the lower middle class in Indonesia, Wednesday (1/8).

Apple to Build AirTag Factory in Batam Valued at USD 1 Billion

Apple to Build AirTag Factory in Batam Valued at USD 1 Billion

US company Apple has committed to build an AirTag vendor factory in Batam, Riau Islands, worth USD 1 billion (IDR 16 trillion).

Indonesia Records Lowest Annual Inflation in December 2024

Indonesia Records Lowest Annual Inflation in December 2024

Indonesia hit the lowest annual inflation in its history at 1.57 percent in December 2024, according to the Central Statistics Agency (BPS) on Thursday (2/1).

2024 State Budget Closed Relatively Healthy and Safe, Minister of...

2024 State Budget Closed Relatively Healthy and Safe, Minister of...

The 2024 State Budget (APBN) was closed relatively healthily and safely. That way, this condition can be a strong provision to enter 2025.

President Prabowo Announces VAT Increase to 12 Pct. Only for Luxu...

President Prabowo Announces VAT Increase to 12 Pct. Only for Luxu...

Indonesian President Prabowo Subianto officially announced that the increase of the Value Added Tax (VAT) from 11 percent to 12 percent will be effective on January 1, 2025.

Indonesia Eyes 400,000 EVs by 2025, Faces Market Challenges

Indonesia Eyes 400,000 EVs by 2025, Faces Market Challenges

Indonesia remains determined to achieve its goal of 400,000 electric vehicles (EVs) on the road by 2025, despite slow adoption due to key market challenges.

Indonesia Accelerates Public Service Modernization with South Kor...

Indonesia Accelerates Public Service Modernization with South Kor...

Indonesia is advancing public service governance by launching the integrated digital portal lapor.go.id. Designated as the National Public Service Complaint Management System (SP4N), this platform centralizes citizen com...

Oil and Gas Institute and ITB Research Confirm Pertamax Does Not...

Oil and Gas Institute and ITB Research Confirm Pertamax Does Not...

Pertamina guarantees that Pertamax products are in accordance with the specified quality standards.

President Prabowo Secures IDR 294 Trillion in Foreign Investments...

President Prabowo Secures IDR 294 Trillion in Foreign Investments...

From his visit over the past two weeks, President Prabowo received investment commitments worth a total of US$18.57 billion or around Rp294.80 trillion (assuming an exchange rate of Rp15,880.00 per US dollar).

Pertamina Shares Self-Sustaining Energy Village Success Stories a...

Pertamina Shares Self-Sustaining Energy Village Success Stories a...

PT Pertamina (Persero) operates with a strong focus on sustainability and creating direct positive impacts on society. One of its standout programs, Desa Energi Berdikari (DEB) or Self-sustaining Energy Village, exemplif...

President Prabowo Highlights Indonesia's Renewable Energy Commitm...

President Prabowo Highlights Indonesia's Renewable Energy Commitm...

President Prabowo also explained that Indonesia has great potential in developing green energy, including geothermal, hydro, solar power, and bioenergy.

Finance Minister Affirms VAT Increase to 12 Pct. Starting Januar...

Finance Minister Affirms VAT Increase to 12 Pct. Starting Januar...

She also mentioned that, despite the increase, the government is preparing several tax exemption or reduction facilities. Therefore, Minister Sri Mulyani emphasized the need to provide explanations to the public.

Indonesia-Malaysia Investment Forum 2024: Strengthening Strategic...

Indonesia-Malaysia Investment Forum 2024: Strengthening Strategic...

Indonesia - Malaysia Investment Forum 2024: Strengthening Strategic Partnerships for Investment Opportunities

Sunway Medical Centre Penang Becomes First Hospital in Penang to...

Sunway Medical Centre Penang Becomes First Hospital in Penang to...

Sunway Medical Centre Penang has become the first leading hospital in Penang, Malaysia, to accept QRIS as a payment transaction method.

President Prabowo Oversees $10.07 Billion Deal Between Indonesian...

President Prabowo Oversees $10.07 Billion Deal Between Indonesian...

resident Prabowo Subianto attended the signing of a memorandum of understanding (MoU) between Indonesian and Chinese companies, totaling $10.07 billion.

Minister Erick Thohir Cancels Rp14 Trillion Terminal 4 Project at...

Minister Erick Thohir Cancels Rp14 Trillion Terminal 4 Project at...

Minister of State-Owned Enterprises (SOE) Erick Thohir announced on Monday (11/4) that the ministry has decided to cancel the Rp14 trillion project to build Terminal 4 at Soekarno-Hatta International Airport in Cengkaren...

Indonesia-Malaysia Business Forum: Fostering Investment with Poli...

Indonesia-Malaysia Business Forum: Fostering Investment with Poli...

The investment relationship between Indonesia and Malaysia is a crucial element in the economic ties between the two ASEAN neighbours. Both countries are prominent players in the Southeast Asian economy, and their invest...

Industry Ministry: iPhone 16 Cannot be Sold in Indonesia without...

Industry Ministry: iPhone 16 Cannot be Sold in Indonesia without...

The Indonesian Ministry of Industry (Kemenperin) has announced that Apple's latest release, the iPhone 16, cannot be legally sold in Indonesia until it meets the required standards for local component use, known as TKDN...

OJK Strengthens Islamic Banking to Support Economic Growth

OJK Strengthens Islamic Banking to Support Economic Growth

(OJK) has reinforced its commitment to growing Indonesia’s Islamic banking sector, recognizing its potential to drive economic growth.

Food Prices Continue to Rise on October 21, with Shallots Reachin...

Food Prices Continue to Rise on October 21, with Shallots Reachin...

As of Monday morning, (10/21/2024), Indonesia saw a rise in the prices of several key food commodities, including a notable increase in the price of shallots.

Jakarta Muslim Fashion Week 2025 Officially Closed, Recorded Rp31...

Jakarta Muslim Fashion Week 2025 Officially Closed, Recorded Rp31...

Jakarta Muslim Fashion Week (JMFW) 2025 was officially closed by Director General of National Export Development (Dirjen PEN) Mardyana Listyowati.

President Joko Widodo: Indonesia Has Potential to Become New Asia...

President Joko Widodo: Indonesia Has Potential to Become New Asia...

President Joko "Jokowi" Widodo said that Indonesia has the potential to become one of the new economic powers in Asia, along with India and China.

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Apple to Build AirTag Factory in Batam Valued at USD 1 Billion

Apple to Build AirTag Factory in Batam Valued at USD 1 Billion

President Prabowo Secures IDR 294 Trillion in Foreign Investments...

From his visit over the past two weeks, President Prabowo received investment commitments worth a total of US$18.57 billion or around Rp294.80 trillion (assuming an exchange rate of Rp15,880.00 per US dollar).

Indonesia-Malaysia Investment Forum 2024: Strengthening Strategic...

Indonesia - Malaysia Investment Forum 2024: Strengthening Strategic Partnerships for Investment Opportunities

President Prabowo Oversees $10.07 Billion Deal Between Indonesian...

resident Prabowo Subianto attended the signing of a memorandum of understanding (MoU) between Indonesian and Chinese companies, totaling $10.07 billion.

President Joko Widodo: Indonesia Has Potential to Become New Asia...

President Joko "Jokowi" Widodo said that Indonesia has the potential to become one of the new economic powers in Asia, along with India and China.

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