Business & Investment

Indonesia boosts semiconductor sector to strengthen competitiveness

Indonesia is accelerating the development of a national semiconductor ecosystem in a bid to capture high-tech ...

MRT Jakarta partners with seven developers for East-West phase 2 line

PT MRT Jakarta (Perseroda) has partnered with seven private developers for the construction of the East-West Phase 2 ...

Indonesia sees 2026 economic growth at 5.4 percent, KSSK says

Indonesia’s Financial System Stability Committee (KSSK) forecasts economic growth of 5.4 percent in 2026, ...

Ministry prioritizes maintaining Sumatra connectivity after floods

Transportation Minister Dudy Purwagandhi said his ministry is prioritizing efforts to keep transportation connectivity ...

Purbaya plans major reshuffle for Indonesian customs officials

Indonesian Finance Minister Purbaya Yudhi Sadewa has announced imminent plans for a major organizational overhaul ...

Indonesia widens budget deficit to avert 1998-style economic crisis

Indonesia has widened its budget deficit to near the 3 percent legal ceiling to prevent a repeat of the 1997-1998 ...

Govt allots Rp1.8T social assistance for Aceh, N Sumatra, W Sumatra

Indonesia will allocate 1.8 trillion rupiah (US$115 million) in regular social assistance for beneficiaries in three ...

Indonesia to ship spices, meals to Saudi for 2026 Hajj

 Indonesia will ship about 400 tonnes of locally sourced spices and 3.9 million ready-to-eat meals to Saudi Arabia ...

Indonesia to launch transportation decarbonization roadmap in May

The Indonesian government is set to launch a roadmap for decarbonization in the transportation sector in May 2026, ...

OJK orders blocking of over 30,000 bank accounts linked to gambling

Indonesia’s Financial Services Authority (OJK), has instructed banks to block more than 30,000 bank accounts ...

Indonesia trains coastal communities in Red and White Villages program

The Ministry of Marine Affairs and Fisheries has reaffirmed its commitment to developing the Red and White Fishing ...

Indonesia's ATM networks shrink as digital banking surges

Indonesia’s Financial Services Authority (OJK) expects the number of automated teller machines (ATM) to continue ...

Industry Ministry prepares US$18.9 million for Sumatra SME recovery

Industry Minister Agus Gumiwang Kartasasmita announced a Rp318 billion (US$18.9 million) recovery program for ...

Pupuk Indonesia secures Algeria phosphate for food self-sufficiency

PT Pupuk Indonesia has signed a memorandum of understanding (MoU) with Algeria’s state-owned phosphate mining ...

Govt to set minimum price for tin to support Bangka Belitung economy

Energy and Mineral Resources Minister Bahlil Lahadalia announced plans to introduce a Minimum Cost Price for tin, aimed ...