Danantara Set for Launch on Feb. 24 with $20 Billion Initial Capital
President Prabowo Subianto will launch the much-awaited investment superholding Danantara on Feb. 24.
BusinessSri Mulyani: 2026 State Budget to Follow 2025 Austerity Measures
Finance Minister Sri Mulyani Indrawati confirms Indonesia’s 2026 state budget will follow 2025 efficiency measures.
BusinessInternational Delegation Inspects Progress of Nusantara Development
Indonesia has received various forms of assistance from at least 20 countries in the ongoing Nusantara construction.
BusinessGov’t Offers Free Land to Foreign Countries for Embassies in Nusantara Before 2028
The offer was made by Basuki Hadimuljono, head of the Nusantara Authority, during a gathering with envoys and foreign guests.
BusinessManpower Minister to Launch Career-Ready Program for School Graduates
The program will provide soft skills training and industry-specific skills to help recent graduates identify suitable career paths.
BusinessManpower Ministry Calls on Police to Crack Down on Factory Raids and Vandalism
There have been multiple reports of labor unions and other groups storming factories and forcing on-duty workers to join strikes.
BusinessFreeport Indonesia Delivers First Gold Bars to Antam to Mark New Milestone
Freeport becomes Indonesia’s first fully integrated mining company, capable of refining anodes from impure metals into gold bars.
BusinessCoal Exporters Brace for New Pricing Rule as Indonesia Moves to Enforce HBA
Indonesia plans to enforce HBA pricing for coal exports. Aspebindo backs the move, urging a Green Coal Index.
BusinessTurkish Defense Firm Baykar Inks Deal to Build Drone Factory in Indonesia
Baykar has partnered with Indonesian defense holding Republikorp to set up a joint venture for a local drone production.
BusinessPublic Works Ministry Cancels Maintenance Funds for 47,000 Kilometers of Roads
Public Works Minister Dody Hanggodo said the budget cuts would impact 24,600 construction workers.
BusinessTurkiye’s Erdogan Wants A ‘Balanced’ $10 Billion Trade with Indonesia
Turkiye wants greater but a more balanced trade with Indonesia as Ankara runs a deficit when trading with Jakarta.
BusinessBRI Reports $3.7 Billion Profit in 2024 on Strong MSME Lending
BRI (BBRI) posted a Rp 60.64 trillion ($3.7 billion) net profit in 2024, driven by strong MSME lending and digital banking growth via BRImo.
BusinessGov’t to Blacklist Sloppy Housing Developers
The government’s subsidy program aims to help low-income families purchase affordable homes while ensuring profitability for developers.
BusinessEmirates Airlines Plans to Expand Operations in Indonesia
Indonesia, Emirates discuss adding more flights, larger aircraft to boost tourism and business travel in major cities like Jakarta, Bali.
BusinessICOPE 2025: Striking a Balance Between Palm Oil Growth and Sustainability
Indonesia pushes for sustainable palm oil at ICOPE 2025, balancing growth & environment with ISPO certification & eco-friendly practices.
BusinessSri Mulyani Assures Foreign Investors: Budget Cuts Won't Hinder Growth
Sri Mulyani highlights Indonesia's budget cuts at the Mandiri Investment Forum, focusing on public programs and driving economic growth.
BusinessOJK Introduces New Crypto Listing Rules After Taking Over from Bappebti
OJK introduces new crypto trading rules after taking over from Bappebti, focusing on investor protection, transparency, and market stability
BusinessMinister Bahlil Suspends Oil and Gas Director-General Achmad Muchtasyar
He didn’t mention the new role for Achmad, who had led the oil and gas directorate general for less than a month before his removal.
BusinessEU Vows Tough Countermeasures to US Tariffs
“Tariffs are taxes -- bad for business, worse for consumers,” von der Leyen said.
BusinessJCI Drops 2% to 18-Month Low; IDX Chief Calls It "Time to Buy"
Jakarta Composite Index falls 2% to 6,513, hitting an 18-month low. IDX Chief urges investors to buy blue-chip stocks
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