Haikou–Jakarta Direct Flight Officially Launched by Hainan Airlines
Hainan Airlines launched a new Haikou–Jakarta direct flight, with four weekly services to boost tourism and economic ties. Read more here.
Category 'Economy'
Economy
Economy
Finance Chief Freezes 2026 Tobacco Tax, DPR Backs Move
Indonesia’s Finance Minister freezes 2026 tobacco tax hike, with Parliament backing the move to protect industry and workers. Read the full report here.
Economy
Finance Minister Denies Ordering State Banks to Raise FX Deposit Rates
Finance Minister Purbaya denies ordering state banks to lift FX deposit rates, stressing pro-market policy stance. Read more on Indonesia’s banking strategy.
Economy
Indonesia Issues 1,012 Golden Visas, Attracts $2.9 Billion in Investment
Indonesia issues 1,012 Golden Visas with $2.9B investment inflows from 61 countries. Learn how the program boosts the economy and attracts global talent. Read more.
Economy
Indonesia Pushes IMF, World Bank Reform at G77 Meeting in New York
Indonesia urges IMF and World Bank reform at G77 UN meeting, citing unfair voting power that sidelines emerging economies. Read more from New York.
Economy
Bulog Races to Distribute 1.1 Million Tons of SPHP Rice by December
Bulog must distribute 1.1 million tons of SPHP rice by December to meet Indonesia’s 2025 target, says Bapanas. Learn how the program stabilizes prices. Read more.
Economy
ICA-CEPA Signed in Ottawa as President Prabowo and PM Carney Hail ‘Game Changer’ Deal
Indonesia and Canada sign ICA-CEPA, a sweeping trade deal hailed by Prabowo and Carney as a game changer. Read how it reshapes economic and defense ties.
Economy
Indonesia to Host 25,000 Subsidized Home Contracts Signing Next Week
Indonesia to launch its biggest subsidized housing program with 25,000 units signed in one day, with President Prabowo set to attend. Read the full news.
Economy
Jakarta Cuts Local Taxes to Ease Burden on Citizens and Businesses
Jakarta Governor Pramono Anung announces sweeping tax cuts on property, vehicles, advertising, and education to ease the burden on residents and businesses. Read the full story here.
Economy
SOEs Ministry Downgraded Into Administration Agency: Deputy House Speaker Dasco
Indonesia’s House of Representatives (DPR) plans to downgrade the Ministry of SOEs into a new body, citing overlapping functions with the state wealth fund. Read more here.
Economy
Govt May Downgrade State-Owned Enterprises Ministry to Agency: State Secretary
Indonesia may downgrade its Ministry of State-Owned Enterprises into an agency as parliament reviews a new bill. Read the full update here.
Economy
Indonesia and EU Seal IEU-CEPA Trade Pact Slashing Tariffs to Boost Jobs and Exports
Indonesia and the EU sign a historic IEU-CEPA deal to remove tariffs on nearly all goods, boosting exports, jobs, and SMEs. Read the full story now.
