Indonesia’s Market Struggles: Rupiah Falls, Trade Risks
Indonesia’s economy is under increasing strain as the rupiah weakens, stock markets decline, and new U.S. tariffs threaten key export industries. In response, Bank Indonesia...
Lulu Company Expands Indonesia Retail Investment, LGI Grows
Lulu Group International (LGI) is strengthening its presence in Indonesia with a new meat processing facility. Indonesia's Coordinating Minister for Economic Affairs, Airlangga Hartarto confirmed...
Indonesia Introduces A Four-Day Work Week
Indonesia’s Ministry of State-Owned Enterprises has introduced a four-day work week. Some praise the move for improving work-life balance. Others worry about its impact on...
Indonesia Bans Apple Over Local Component Rules
Indonesia has rejected Apple’s proposed $100 million investment plan to lift a sales ban on the iPhone 16. The Southeast Asian nation imposed the ban...
Indonesia Debt Challenges Under Prabowo Leadership
Indonesia faces significant debt challenges as President-elect Prabowo Subianto prepares to take office. State-owned enterprises (SOEs) carry $186 billion in debt. This is a legacy...
Indonesia’s Travel Tourism Visitors Surge, But Recovery Lags
Indonesia’s tourism industry continues to rebound, with international arrivals surpassing 9 million by August 2024. According to the Central Statistics Agency (BPS), 9.1 million foreign...
Indonesia Airport Expansion Boosts Air Transport Infrastructure
Airport infrastructure in Indonesia has experienced significant growth under President Joko Widodo’s administration. Increased air connectivity will unlock new economic potential across the archipelago. Economist...
Jemaah Islamiyah (JI) Terrorist Group Disbands, Urges Peace in Indonesia
Former senior leaders of the defunct terrorist group Jemaah Islamiyah (JI) have embarked on a nationwide tour to persuade ex-members to disarm and reintegrate into...
Telkomsel Enhances Nusantara Network Service
As a leading digital telecommunications provider in Indonesia, Telkomsel plays a pivotal role in supporting government programs. This includes the 79th Independence Day celebration themed...
President Biden Ends Campaign: ASEAN and Democrats Ponder
In a historic and unexpected move, President Joe Biden has withdrawn from the 2024 presidential race. Mounting calls from within his own party influenced this...