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Category 'Economy'

indonesia-ready-to-establish-gold-bullion-bank-state-owned-enterprises-ministry
Economy

Indonesia Ready to Establish Gold Bullion Bank: State-Owned Enterprises Ministry

Indonesia is set to establish its own gold bank, or bullion bank, as the country advances its domestic gold bar production capabilities. Learn more!

indonesias-2025-state-budget-set-at-rp-27014-trillion
Economy

Indonesia's 2025 State Budget Set at Rp 2.701.4 Trillion

The Ministry of Finance set the 2025 State Budget at a total of Rp 2,701.4 trillion, with significant allocations for food and energy self-sufficiency, free nutritious meals, and enhanced social protection programs. Learn more!

2025-budget-to-safeguard-stability-amid-geopolitical-uncertainty-president-prabowo
Economy

2025 Budget to Safeguard Stability Amid Geopolitical Uncertainty: President Prabowo

Indonesia designed the 2025 State Budget to maintain stability, particularly in the face of global geopolitical uncertainties, according to President Prabowo Subianto. Learn more!

indonesia-to-end-imports-of-salt-sugar-rice-and-corn-by-2025
Economy

Indonesia to End Imports of Salt, Sugar, Rice, and Corn by 2025

Coordinating Minister for Food Affairs Zulkifli Hasan announced on Monday (9/12/2024) Indonesia aims to stop importing salt, sugar, rice, and corn for animal feed by 2025. Learn more!

fuel-and-lpg-supplies-are-sufficient-for-holiday-season-pertamina
Economy

Fuel and LPG Supplies are Sufficient for Holiday Season: Pertamina

PT Pertamina (Persero) has confirmed that its fuel and LPG supplies are adequate for the upcoming Christmas 2024 and New Year 2025, despite the anticipated surge in demand. Read more!

finance-minister-calls-for-greater-indonesian-representation-in-isdb
Economy

Finance Minister Calls for Greater Indonesian Representation in IsDB

Minister of Finance Sri Mulyani Indrawati has urged the Islamic Development Bank (IsDB) to increase its recruitment of Indonesian professionals. Learn more!

indonesia-records-rp-513-trillion-net-foreign-capital-outflow-bi
Economy

Indonesia Records Rp 5.13 Trillion Net Foreign Capital Outflow: BI

Bank Indonesia reported a net outflow of foreign capital amounting to Rp 5.13 trillion in the domestic financial market from 2 to 5 December2024. Read more!

12-vat-aims-to-boost-sustainable-growth-dpr-budget-committee
Economy

12% VAT Aims to Boost Sustainable Growth: DPR Budget Committee

The House of Representatives (DPR)’s Budget Committee has endorsed a 12% value-added tax (VAT) to support sustainable economic growth starting in 2025. Read more!

krakatau-steel-secures-monthly-sales-agreements-of-up-to-38500-tons
Economy

Krakatau Steel Secures Monthly Sales Agreements of Up to 38,500 Tons

PT Krakatau Baja Industri (PT KBI), a subsidiary of PT Krakatau Steel (Persero) Tbk, signed a Long Term Supply Agreement (LTSA) with 23 companies

kai-reports-803626-train-tickets-sold-for-christmas-and-new-year-holidays
Economy

KAI Reports 803,626 Train Tickets Sold for Christmas and New Year Holidays

State-owned railway company PT Kereta Api Indonesia (KAI) has sold 803,626 tickets for medium- and long-distance trains ahead of the Christmas and New Year holiday season, this year.

12-vat-policy-to-be-law-compliant-and-selective-president-prabowo
Economy

12% VAT Policy to Be Law-Compliant and Selective:  President Prabowo

President Prabowo Subianto emphasized that the implementation of the 12% Value Added Tax (VAT), effective from 2025, will strictly adhere to existing laws while being selectively applied. Learn more!

garuda-indonesia-to-add-15-20-aircraft-in-2025
Economy

Garuda Indonesia to Add 15-20 Aircraft in 2025

PT Garuda Indonesia (Persero) plans to expand its fleet by 15-20 aircraft in 2025, CEO Wamildan Tsani Panjaitan announced in a press conference on Friday (6/12/2024). Learn more!

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