Business & Investment

Prabowo assures full responsibility for Whoosh high-speed rail debt

President Prabowo Subianto has urged state-owned railway operator PT KAI not to worry about the debt related to the ...

Q4 2025 will mark Indonesia’s strongest growth this year: Minister

Coordinating Minister for Economic Affairs Airlangga Hartarto expressed confidence that Indonesia’s economic ...

Prabowo orders expansion of national railway network

President Prabowo Subianto has instructed Coordinating Minister for Infrastructure and Regional Development Agus ...

Prabowo allocates Rp5 trillion to boost Jakarta's commuter rail fleet

President Prabowo Subianto on Tuesday allocated Rp5 trillion (approximately US$300 million) to state-owned railway ...

Prabowo plans to extend Whoosh high-speed rail to Banyuwangi

Indonesian President Prabowo Subianto has reaffirmed his ambition to extend the Whoosh Jakarta-Bandung High-Speed ...

Prabowo launches revamped Tanah Abang Station to boost rail services

President Prabowo Subianto inaugurated the upgraded Tanah Abang Train Station, now named Tanah Abang Baru Station, in ...

Railway system a vital priority for Indonesia, says Prabowo

President Prabowo Subianto has highlighted railway development as a top priority for his administration, citing its ...

Indonesia eyes zero tariffs for key commodities in US deal

Indonesia is optimistic that its leading national commodities will be exempt from import tariffs in the final trade ...

Modernization key to attracting youngsters to village co-ops: minister

Cooperatives Minister Ferry Juliantono stated that modernization is key to attracting the younger generation to ...

President Prabowo calls for railway infra development outside of Java

President Prabowo Subianto instructed that railway infrastructure development must be expanded to other regions of ...

Rp200 trillion in state banks boosts liquidity: Finance Minister

Finance Minister Purbaya Yudhi Sadewa said that placing Rp200 trillion (approximately $11.97 billion) in excess budget ...

Bapanas sends team to reduce rice prices in 51 districts

Head of the National Food Agency (Bapanas) Andi Amran Sulaiman has deployed a special team to help lower rice prices in ...

LPS urges banks to lower deposit rates, expand financial inclusion

Chairman of the Indonesia Deposit Insurance Corporation (LPS) Board of Commissioners, Anggito Abimanyu, has called on ...

RI logs 11 mln foreign tourist arrivals in Jan-Sep 2025, up from 2024

Indonesia recorded 11.43 million foreign tourist arrivals from January to September 2025, reflecting an increase of ...

Indonesia dismisses "ghost city" fears over Nusantara project

Indonesia's Finance Minister Purbaya Yudhi Sadewa has assured that the development of the new capital Nusantara ...