Finance Minister Confident Indonesia’s Economy Will Hit 5.5% in 2025, Property Sector Tipped as Key Driver
Finance Minister targets 5.5% growth in 2025, with property, consumption, and stimulus seen as key economic drivers. Learn more.
Category 'Economy'
Economy
Economy
Indonesia, Switzerland Boost Economic Ties Ahead of 75th Diplomatic Anniversary
Indonesia and Switzerland step up economic ties through JETC talks in Jakarta, paving the way for new investments and trade growth ahead of 75 years of relations. Read more.
Economy
Freeport Agrees to Hand Over 12% Stake to Indonesia for Free: Danantara
Freeport-McMoRan agrees to transfer 12% of its shares in PT Freeport Indonesia to the government free of charge, boosting state ownership to 63% by 2041. Read the details here.
Economy
Vale CEO Links Pipeline Leak to Earthquake in Central Sulawesi
Vale Indonesia CEO suspects earthquake-triggered land shifts caused oil pipeline leak in Sulawesi, pledging full accountability and compensation. Read the news.
Economy
Every Village Resident Automatically Becomes a Member of Merah Putih Cooperative: President Prabowo
President Prabowo Subianto announces automatic membership of every village resident in the Red and White Cooperative, promising cheaper goods, energy independence, and new housing. Read the news.
Economy
9,600 Indonesian Products to Enter EU Tariff-Free
Indonesia secures EU trade deal granting zero tariffs for 9,637 products, from palm oil to coffee and seafood. Learn how this boosts exports—read the news here.
Economy
Industry Ministry to Draft New Rules to Crack Down on Illegal Cigarettes
Indonesia prepares new rules to fight illegal cigarettes as market share surges, threatening legal tobacco producers and jobs. Read the full update.
Economy
Bali Airport Adds Direct Flights to China and South Korea
Bali’s Ngurah Rai Airport adds direct flights to Chengdu and Cheongju via Sichuan Airlines and T’way Air, boosting Chinese and Korean tourist arrivals. Read more here.
Economy
Shell Indonesia Denies Job Cuts Amid Fuel Import Policy Speculation
Shell Indonesia refutes reports of layoffs tied to fuel import policy, clarifying social media rumors while confirming supply adjustments at stations. Read more here.
Economy
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.
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.
