News Index
Indonesia Extends Tax Holiday to 2025: A Guide for Investors
The government has officially extended the tax holiday facility until December 31, 2025Business 4 hours ago
Trump’s Win Sparks Trade War and Climate Change Concerns for Indonesia, Says Finance Minister Sri Mulyani
Donald Trump's 2024 election victory is anticipated to bring significant economic implications for IndonesiaBusiness 12 hours ago
Lawmakers Consider House Committee on Sritex Bankruptcy Ruling
Sritex CEO Iwan Kurniawan expressed hope that the Supreme Court would accept the appeal and overturn the bankruptcy ruling.Business Nov 8, 2024 | 2:33 am
Antam Buys 30 Tons of Freeport Gold for $12.5 Billion
Erick Thohir said the gold transactions between local companies could significantly save foreign exchange reserves.Business Nov 7, 2024 | 10:57 pm
Prabowo Introduces New Intelligence Agency under Finance Minister
The agency is expected to establish a secretariat and can open up to six regional offices across the country.Business Nov 7, 2024 | 7:32 pm
XL Axiata Posts 30% Jump in Net Profit
XL Axiata (IDX: EXCL) reported a 6 percent increase in revenue to Rp 25.37 trillion ($1.61 billion) for the first nine months of the yearBusiness Nov 7, 2024 | 5:04 pm
Indonesia’s Palm Oil Industry Welcomes EU’s Deforestation Rule Delay to 2025
The Indonesian palm oil industry welcomes the European Union's decision to postpone its deforestation regulation by a yearBusiness Nov 7, 2024 | 3:20 pm
UAE Investors Want to Create Jobs for Indonesians as 7 Million People Still Unemployed
A diplomat recently said that job creation was high up on the priority list when Emirati investors decide to invest in Indonesia.Business Nov 7, 2024 | 2:16 pm
Indonesia's Car Market Struggles as Prices Soar and Household Incomes Lag
From January to September 2024, total wholesale sales reached 633,218 units, marking a 16.2 percent drop from the same period last yearBusiness Nov 7, 2024 | 1:40 pm
Indonesia’s Foreign Exchange Reserves Rises to $151.2 Billion
This marked a $1.3 billion increase from $149.9 billion as of end-September, the central bank revealed.Business Nov 7, 2024 | 11:41 am
JCI, Asian Markets Retreat as Trump's Return Fuels Economic Uncertainty
JCI fell 0.14%, Nikkei dipped 0.6%, and Hang Seng slid 0.7%, reacting to Donald Trump's win in the US election.Business Nov 7, 2024 | 9:47 am
Maruarar to Build Housing on Land Seized from Corruption Convicts
The Attorney General's Office has agreed to provide at least 200 hectares of land in Banten.Business Nov 7, 2024 | 2:21 am
Indonesia Scraps Minimum Wage Regulation After Constitutional Court Ruling
Sufmi Dasco confirms PP No. 51/2023 on minimum wage is no longer valid following the Constitutional Court's ruling.Business Nov 6, 2024 | 4:32 pm
MNC Land Shares Soar as Trump Inches Closer to Election Win
MNC Land is developing Trump International Golf Club, Trump Residences, and Hyatt Regency Lido in Bogor, West JavaBusiness Nov 6, 2024 | 3:49 pm
Crypto Market Surges as Trump Leads in Initial US Election Vote Count
The crypto market saw a sharp rally over the past 24 hours, buoyed by investor sentiment surrounding the US presidential electionBusiness Nov 6, 2024 | 10:43 am
JCI Turns Red as US Presidential Race Remains Too Close to Call
Jakarta Composite Index (JCI) slipped Wednesday after early gains, turning negative as investors await results of the 2024 US electionBusiness Nov 6, 2024 | 10:11 am
Indonesia-Canada Trade Pact Negotiations Enter Final Stage
Indonesia-Canada trade deal negotiations have entered the final round, and would pave the way for greater market access.Business Nov 6, 2024 | 9:35 am
Indonesia Still Upbeat on 5 Pct Growth This Year
Indonesia remains positive about expanding at around 5 percent this year despite a slower economic growth in the third quarter of 2024.Business Nov 6, 2024 | 6:00 am
Prabowo Signs Regulation to Write Off Rp 10 Trillion in Bad Debts for Farmers, Fishermen, and MSMEs
Prabowo Subianto signed a regulation to eliminate bad debts for farmers, fishermen, and MSME operators from the 1998 and 2008 crisesBusiness Nov 5, 2024 | 8:34 pm
Prabowo's Economic Council Prioritizes Middle-Class Support to Counter Economic Slowdown
President Prabowo Subianto has appointed members of the National Economic Council (DEN), Indonesia's leading economic advisory body.Business Nov 5, 2024 | 6:23 pm
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