News Index
Indonesia Prepares New Poverty Line Formula to Align with Global Standards
In April, the World Bank’s Macro Poverty Outlook reported that 60.3 percent of Indonesians lived below the poverty line in 2024.Business 1 hours ago
Pertamina Posts $3.1 Billion in Net Profit for 2024, Announces New Board Members
Pertamina supplied 69 percent of the country’s oil and 37 percent of its gas needs in 2024.Business 15 hours ago
Sri Mulyani: Government Can Only Fund 40% of $625B Infrastructure Needs
“This gap will require private sector participation, strong partnerships, and innovative financing strategies,” she said.Business 20 hours ago
Achmad Ardianto Appointed as New President Director of Antam
Achmad brings with him an extensive background in state-owned enterprises and human capital leadership.Business 20 hours ago
China-Led Investments to Offset Indonesia’s Recent Job Cuts, Luhut Says
Luhut says 67,000 new jobs could open by end-2025, fueled by Chinese-led factory projects in small towns despite current mass layoffs.Business 24 hours ago
Qantas Closes Jetstar Asia to Fund A$500m Fleet Renewal
Qantas will shut Jetstar Asia by July 31, freeing A$500m to renew its fleet and expand core operations in Australia and New Zealand.Business Jun 12, 2025 | 11:19 am
Nusantara to Complete 40-Meter-Wide Main Road in Six Months
The six-month timeline aligns with the government’s 2025 budget schedule, as the funding is sourced from the current fiscal year.Business Jun 12, 2025 | 4:08 am
Indonesia Opens $12.3 Billion in Infrastructure Projects to Global Investors
A total of 46 projects are being offered for investment, including major toll road developments.Business Jun 12, 2025 | 3:09 am
Trump Says Tariffs on Chinese Goods Will Total 55%
The US will provide China “what was agreed to,” including allowing Chinese students to attend American colleges and universities.Business Jun 11, 2025 | 11:56 pm
Indonesia’s Car Sales Drop 15% in May Amid Weak Consumer Demand
The surge of Chinese carmakers to Indonesia’s top ten car producers indicates a market transformation marked by growing EV demands.Business Jun 11, 2025 | 7:16 pm
No Indonesian Will Live in Poverty By 2045, Prabowo Says
Indonesia will celebrate its centennial in 2045, and Prabowo doesn't want anyone in the country to live in poverty by then.Business Jun 11, 2025 | 7:02 pm
New OJK Rule Requires Patients to Share Medical Bills
Starting Jan 1, 2026, new health insurance policies in Indonesia will require patients to pay at least 10% of medical costs as co-payment.Business Jun 11, 2025 | 2:08 pm
Middle-Class Businesses Overlooked, HIPMI Warns on Entrepreneurship Day
HIPMI urges gov’t to support Indonesia’s middle-class entrepreneurs, citing imbalance in policy focus and untapped growth potential.Business Jun 11, 2025 | 11:30 am
Gag Nikel Stays, Others Go: Government Moves on Raja Ampat Mining Row
Bahlil presented aerial photos and videos taken during a recent site visit to Gag Island to dismiss environmental concerns in Raja Ampat.Business Jun 10, 2025 | 8:58 pm
Prabowo’s $1.5 Billion Economic Stimuli: Are They Good Enough?
Analysts sayPrabowo's latest economic stimuli the middle class, and is only a short-term strategy to boost consumption.Business Jun 10, 2025 | 6:33 pm
Dutch Government Sets Aside $300 Million to Back Key Indonesian Programs
An envoy informed that 120 Dutch companies are scheduled to visit Indonesia on a trade and investment mission on June 16.Business Jun 10, 2025 | 12:40 pm
Indonesia Revokes Mining Permits of Four Companies in Raja Ampat
The move comes after sustained pressure from environmental activists who have voiced opposition to industrial activity in Raja Ampat.Business Jun 10, 2025 | 11:49 am
Danantara: No Official Discussion on GoTo Investment Yet
Neither GoTo nor Grab has publicly confirmed the potential merger, which has become a major topic of speculation in Indonesia.Business Jun 10, 2025 | 10:16 am
Dharma Satya Sets Rp800b Capex for Palm Oil Replanting, Renewable Energy
DSNG sets Rp800b 2025 capex for palm oil replanting, green energy, and upgrade. Company books Rp367b Q1 profit on strong CPO prices.Business Jun 9, 2025 | 7:15 pm
China Says Its Exports to the US Fell 35% in May
Exports will likely rebound somewhat in June thanks to a 90-day suspension of most of the tariffs China and the US imposed on each other.Business Jun 9, 2025 | 4:19 pm
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