News Index


Jakarta to Operate Chinese-Made Electric Commuter Trains

Each carriage is required to complete 4,000 kilometers of trial runs before being cleared for regular operation.
Business 9 hours ago

Fore Coffee Targets $23M IPO as Indonesia’s Coffee Market Booms

Fore Coffee plans a $24M IPO to fund expansion, adding 140 stores in two years as Indonesia’s premium coffee market sees rapid growth.
Business Mar 21, 2025 | 8:42 pm

JCI Slumps Nearly 2 Pct as Fed Signals Caution, China Uncertainty Lingers

JCI fell 1.94% to 6,258.1 as US job data, FTSE rebalancing, and China policy uncertainty drove investors to risk-off mode.
Business Mar 21, 2025 | 5:52 pm

New Polish Ambassador Calls Indonesia 'Important Economic Partner'

Government data shows that Indonesia-Poland trade had jumped from $997.1 million in 2023 to $1 billion the following year.
Business Mar 21, 2025 | 2:57 pm

Gov't Told to Be Careful with Foreign Business Deals after Navayo Dispute

Senior minister Yusril says that the government should pay attention to the dispute settlement chapter in a foreign business deal.
Business Mar 20, 2025 | 9:29 pm

Thai Ambassador Leads Business Delegation to Nusantara to Explore Investment Opportunities

The Indonesian government envisions Nusantara as a sustainable and environmentally friendly city.
Business Mar 20, 2025 | 8:04 pm

Prabowo Wants Batang Industropolis to Be Indonesia's Shenzhen

Batang Industropolis became the first special economic zone (SEZ) for Prabowo to launch since assuming power last October. 
Business Mar 20, 2025 | 5:20 pm

President Prabowo Moves to Calm Markets After JCI’s 6 Pct Plunge

President Prabowo seeks to reassure investors after the JCI plunges 6.12%, arranging a meeting to restore market confidence.
Business Mar 20, 2025 | 9:58 am

Prabowo to Inaugurate Batang Special Economic Zone

The president will also review the progress of the Two Countries Twin Parks project, a collaboration with China’s Fujian Province.
Business Mar 20, 2025 | 8:29 am

Japan Seeks to Hire More Indonesian Workers in Fishery Sector

Japan has been facing a significant decline in its fishery workforce, dropping from 238,000 workers in 2003 to 123,000 in 2022.
Business Mar 20, 2025 | 4:47 am

Indonesia’s Richest Woman Loses $3.6 Billion in Three Days

Earlier this month, Marina had a net worth of $7.5 billion after the company’s stock surged beyond the upper trading limit.
Business Mar 20, 2025 | 4:19 am

Government Earmarks Rp 20 Trillion to Rescue Labor-Intensive Industries

The textile industry alone employs over four million people and generates more than $2 billion in exports annually.
Business Mar 20, 2025 | 12:09 am

Travel Spending During Eid Holidays Estimated at Rp 375 Trillion

Widiyanti cited a recent survey by her ministry, which estimates that the holiday period will see 146 million trips.
Business Mar 19, 2025 | 9:07 pm

Indonesia, Russia to Have Trade Talks Ahead of Prabowo-Putin Meeting

Chief Economic Affairs Minister Airlangga Hartarto and Russian First Deputy Prime Minister Denis Manturov will co-chair this meeting.
Business Mar 19, 2025 | 8:53 pm

Bank Indonesia Keeps Interest Rate Steady at 5.75 Pct as Expected

The central bank also decided to maintain a 5-percent deposit facility rate.
Business Mar 19, 2025 | 3:28 pm

Indonesia, EU Still Can't Agree on Trade Pact's Import Permit

Indonesia and the EU have been negotiating a comprehensive economic partnership agreement (CEPA) since July 2016.
Business Mar 19, 2025 | 3:21 pm

Frugal Ramadan Spending Puts Pressure on Indonesia's Economy

Indonesia’s Ramadan economy slows as weaker consumer spending, mass layoffs, and deflation curb growth amid economic uncertainty.
Business Mar 19, 2025 | 2:39 pm

Bayan Resources Shuts Down Australian Unit in Corporate Streamlining

Bayan Resources (BYAN) dissolves its Australian unit Kangaroo Minerals in a corporate restructuring move, assuring no impact on operations.
Business Mar 19, 2025 | 1:46 pm

OJK Eases Buyback Rules to Stabilize Market

Indonesia’s OJK allows listed firms to buy back shares without shareholder approval, aiming to stabilize stocks amid market volatility.
Business Mar 19, 2025 | 1:15 pm

How Trading Halts Work and Indonesia’s Worst Market Crashes

Learn how trading halts prevent market panic and explore Indonesia’s biggest stock crashes, from the Bali bombing to the COVID-19 crisis.
Business Mar 19, 2025 | 12:39 pm

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