Rupiah's Exchange Rate Remains Stable, Shows Signs of Strengthening: Bank Indonesia Governor
Bank Indonesia said that the Indonesian rupiah's exchange rate against the U.S. dollar remains stable, with potential for further strengthening. Learn more.
Category 'Economy'
Economy
Economy
Government Targets Nuclear Plant Development by 2029
The government is planning to accelerate the development of Indonesia’s first nuclear power plant to 2029, moving it ahead from the original target of 2032. Read more,
Economy
20.6 Million Hectares for Food, Energy Without Deforestation: Minister Raja Juli
Minister of Forestry Raja Juli Antoni insisted that the plan to utilize 20.6 million hectares of forest for food, energy, and water reserves will not involve deforestation. Learn more.
Economy
Apple’s AirTag Factory Investment in Batam Only $200 Million: Industry Ministry
Apple’s investment in its planned AirTag production facility in Batam amounts to just $200 million, far less than the $1 billion stated in the company's initial proposal. Read more.
Economy
Minister Bahlil Confirms No Extension for 50% Electricity Discount
The 50% electricity discount for PT PLN (Persero) residential customers with power up to 2,200 VA will not be extended beyond two months. Learn more.
Economy
President Prabowo Allocates Rp 48.8 Trillion for Continued Development of IKN
President Prabowo Subianto has approved an allocation of Rp 48.8 trillion for the continued development of the Nusantara Capital City (IKN) over the next five years.
Economy
Bali Sets Target of 6.5 Million Foreign Tourists for 2025
Bali's administration is aiming for 6.5 million foreign tourist arrivals in 2025. Learn more,
Economy
PSN in PIK 2 Only Related to Tropical Coastland Development: Minister Airlangga
The National Strategic Project (PSN) in the Pantai Indah Kapuk (PIK) 2 area in Tangerang, Banten, is exclusively focused on the development of the Tropical Coastland ecotourism project. Learn more.
Economy
Bojonegoro Methanol Plant to Be Funded by Domestic Investors: Energy Minister
The government’s planned methanol plant in Bojonegoro, East Java, will be entirely financed by domestic private investors. Learn more.
Economy
Indonesia Wins WTO Case, Validates CPO-Based Biodiesel
Indonesia’s victory at the World Trade Organization (WTO) confirms global recognition of palm oil-based biodiesel (CPO). Learn more.
Economy
DEN Chairman Luhut to Propose Launch of ‘Family Office’ in February
Inp.polri.go.id - Jakarta. Chairman of the National Economic Council (DEN), Luhut Binsar Pandjaitan, plans to propose the launch of a ‘family office’ initiative to President Prabowo Subianto by February 2025. Learn more.
Economy
Indonesia to Import 200,000 Dairy Cows for Free Nutritious Meals Program by 2025
The Ministry of Agriculture will import 200,000 dairy cows by the end of 2025 to boost milk production for the Free Nutritious Meal program. Learn morse.
