Indonesia-Vietnam Set $18 Billion Bilateral Trade Target
Indonesia and Vietnam have set a bilateral trade target of $18 billion by 2028, strengthening economic ties between the two nations. Read more.
Category 'Economy'
Economy
Economy
American Investor Ray Dalio Joins Danantara’s Advisory Board: Danantara Chief Rosan
merican investor Ray Dalio has been officially appointed as a member of the Advisory Board of Indonesia’ sovereign wealth fund Danantara Investment Authority, according to Danantara CEO Rosan Perkasa Roeslani. Learn more.
Economy
President Prabowo Meets Indonesia’s Leading Conglomerates to Discuss Key National Programs
President Prabowo Subianto met with eight top Indonesian conglomerate owners at the Presidential Palace to discuss strategic national programs on Thursday (6/3/2025). Learn more.
Economy
Attorney General Office Urges Public to Trust Pertamina Amid Investigation
The Deputy Attorney General for Special Crimes, Febrie Adriansyah urged the public not to abandon state-owned energy company PT Pertamina (Persero) amid an ongoing corruption probe. Learn more.
Economy
President Prabowo to Establish 70,000 Village Cooperatives to Stabilize Rice Prices: NFA
President Prabowo Subianto plans to establish 70,000 Koperasi Desa Merah Putih, literally Read and White Village Cooperatives, to stabilize rice prices and support farmers. Read more.
Economy
MIND ID Reshuffles Board of Directors and Commissioners
State-owned Mining Industry Indonesia (MIND ID) has appointed Maroef Sjamsoeddin as its new President Director, following a General Meeting of Shareholders (GMS) on Monday. Read more.
Economy
AGO Guarantees No Asset Seizure to Maintain Operations: PT Pertamina
State-owned energy company PT Pertamina (Persero)’s Chief Financial Officer, Emma Sri Martini, confirmed that the Attorney General’s Office (AGO) has assured that no critical assets will be seized or sealed. Read more.
Economy
INP Chief Targets Completion of 100,000 Subsidized Homes for Police Personnel in 2025
Indonesian National Police Chief General Listyo Sigit Prabowo has set a goal to complete 100,000 subsidized homes for police personnel by the end of 2025. Learn more.
Economy
58,000 Jobs to Open Soon Amid Factory Closures: Deputy Manpower Minister
Deputy Minister of Manpower Immanuel “Noel” Ebenezer Gerungan announced that 58,000 job opportunities will soon be available, deemed a positive sign amid recent factory closures in Indonesia. Learn more.
Economy
Pertamina CEO Apologizes Over Public Concerns of Fuel Blending
State-owned energy company PT Pertamina CEO Simon Aloysius Mantiri issued a formal apology for public concerns over alleged corruption in crude oil and refinery product management.
Economy
Domestic Airfares Drop 13-14% for Eid Travel: Transportation Minister
Minister of Transportation Dudy Purwagandhi announced a 13-14% reduction in domestic economy-class airfares during the 2025 Eid travel period to ease costs for passengers. Learn more.
Economy
PT KAI Prepares 3.4 Million Long-Distance Train Tickets for Eid Travel
State-owned railway company PT Kereta Api Indonesia (KAI) has allocated 3,443,832 long-distance train tickets for Eid Al-Fitr travel from 21 March to 11 April 2025, to accommodate increased demand. Read more.
