Indonesia's Foreign Exchange Reserves Rise in October 2024
Indonesia’s foreign exchange reserves reached $151.2 billion at the end of October 2024, rising from $149.9 billion in September, according to Bank Indonesia (BI). Learn more!
Indonesia’s foreign exchange reserves reached $151.2 billion at the end of October 2024, rising from $149.9 billion in September, according to Bank Indonesia (BI). Learn more!
Minister of Micro, Small, and Medium Enterprises (MSMEs) Maman Abdurrahman clarified that the newly announced debt relief policy will only apply to MSMEs unable to repay due to severe financial hardship. Learn more!
Chair of Indonesia’s National Economic Council (DEN), Luhut Binsar Pandjaitan, addressed the ban on Apple’s iPhone 16 sales in Indonesia. Learn more!
President Prabowo Subianto signed a Government Regulation to eliminate outstanding debts owed by Micro, Small, and Medium Enterprises (MSMEs) in sectors like agriculture, plantation, livestock, fisheries, and others. Learn more!
Minister of Trade Budi Santoso announced on Tuesday (5/11/2024) that e-commerce platforms could face sanctions if they list the iPhone 16 or Google Pixel for sale in Indonesia. Learn more!
The Ministry of Investment has set goal of attracting $120 million in investments by 2025, equivalent to approximately Rp 1,900 trillion. Learn more!
The government is set to establish a Project Management Officer (PMO) team to address high airfare prices and enhance Indonesia's tourism sector. Learn more!
The National Research and Innovation Agency (BRIN) has highlighted significant opportunities for Indonesian workers in Europe’s healthcare sector. Discover more!
Ngurah Rai International Airport has introduced a new low-cost carrier on its Incheon-Bali-Incheon route. Jeju Air, South Korea's largest budget airline. Read more!
During the IMF and World Bank Annual Meetings this week, Bank Indonesia highlighted the need for a flexible policy mix to navigate growing global uncertainties. Learn more!
The government is taking measures to protect the employees of PT Sri Rejeki Isman (Sritex), the largest textile company in Indonesia, following a bankruptcy ruling by the Semarang District Court. Learn more!
The Indonesia Stock Exchange is targeting an average daily transaction value of Rp 13.5 trillion in 2025, supported by expectations of lower global interest rates and inflation. Learn more!
