The Indonesian Central Bank (BI) has cut its projection for Indonesian economic growth in 2025 to be below 5.1 percent amid uncertainty due to the U.S.-China trade war.
Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, says that Indonesia’s electric vehicle (EV) battery ecosystem project will continue with a new partner following the decision by South Korea’s LG Energy Solution to partially withdraw its US$9.8 billion investment in the project.
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Indonesia’s recent negotiations with the United States are seen as a strategic move aimed at safeguarding national economic interests rather than signaling a geopolitical shift away from China, said Fithra Faisal Hastiadi, Chief Economist at Samuel Sekuritas Indonesia.
An industry player has praised the Financial Services Authority (OJK) for adjusting the maximum interest rate on consumer fintech online lending platforms (pinjol) − with maximum daily interest at 0.3 percent for tenors under six months and 0.2 percent for tenors over six months − that will take effect on January 1, 2025.
PT Bank SMBC Indonesia (SMBC Indonesia), a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC), has announced the new composition of the board of directors and board of commissioners at the Annual General Meeting of Shareholders (AGMS) held on Tuesday, April 22, 2025.
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Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, says that Indonesia’s electric vehicle (EV) battery ecosystem project will continue with a new partner following the decision by South Korea’s LG Energy Solution to partially withdraw its US$9.8 billion investment in the project.
Indonesia and the Qatar Investment Authority (QIA) have agreed to establish a US$4 billion joint investment fund as a direct result of President Prabowo Subianto’s recent visit to Qatar.
In a push to meet Indonesia’s ambitious investment realization target of US$10.16 billion (Rp162.57 trillion) in Central Sulawesi this year, Deputy Minister of Investment and Downstreaming, Todotua Pasaribu, visited the Palu Special Economic Zone (SEZ) to review key industrial sites and hold high-level meetings with local government leaders.
Deputy Minister of Energy and Mineral Resources (ESDM), Yuliot Tanjung, inaugurated on Wednesday, April 16, 2025 the US$130 million Akatara Gas Processing Facilities (AGPF) project in Bram Itam Raya Village, West Tanjung Jabung Regency, Jambi Province.
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PT Bank SMBC Indonesia (SMBC Indonesia), a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC), has announced the new composition of the board of directors and board of commissioners at the Annual General Meeting of Shareholders (AGMS) held on Tuesday, April 22, 2025.
Astra Property, a subsidiary of Astra International engaged in commercial, residential and industrial properties, is formulating a special strategy to target the first-time homebuyer market segment, in line with the shifting trend of property consumer needs in Indonesia.
State energy company PT Pertamina and PT Pertamina Pedeve Indonesia as shareholders of PT Pelita Air Service have decided to confirm Dendy Kurniawan as President Director of Pelita Air for the second term.
State owned gas distribution company PT Perusahaan Gas Negara (PGN) has partnered with State mining company PT Bukit Asam (PTBA) to develop a Synthetic Natural Gas (SNG) project utilizing coal as feedstock, as part of a broader effort to diversify Indonesia’s energy supply and strengthen national energy resilience.
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Unveil the stories of influential figures transforming Indonesia’s industries, economy, and political landscape.
Sofyan A. Djalil was born in 1953 in Aceh. Djalil is the Minister of Agrarian and Spatial Planning of Indonesia. He was a very persistent person at a young age to reach his goals, that persistence made him successful in studying at the University of Indonesia (UI). At UI, he studied Business Law and graduated in 1984. He then met his future wife, Dr. Ir. Ratna Megawangi, M.Sc. and has 3 children.
Siti Nurbaya Bakar was born in 1956 in Jakarta to Mochamad Bakar and Sri Banon. She is the current Minister of Environment and Forestry. Her father is a retired Betawi Police officer and his mother is from Lambung. Siti is married to Rusli Rachman and has two children: Meitra Mivida NR and Ananda Tohpati.
Sandiaga Salahuddin Uno was born in 1969 in Riau, Indonesia. Uno is the current Minister of Tourism and Creative Economy. During his childhood, he met with Erick Thohir and was in the same elementary school as a schoolmate. Sandiaga Uno was an undergraduate of Wichita State University in the United States, he graduated with a cum laude. He continued his university education in the United States at George Washington University in 1990 after receiving a paid scholarship from William Soerjadjaja and graduated with an MBA in 1992 and a GPA 4.00.
Wahyu Sakti Trenggono was born in Semarang in 1962, He is the current Minister of Maritime Affairs and Fisheries. Trenggono is a person who focuses on business development. He attended a bachelor's degree in Industrial Engineering at the Bandung Institute of Technology in 1986, after which he continued his Masters in Management at the Bandung Institute of Technology.
Mohammad Ridwan Kamil called Kang Emil or Ridwan was born in Bandung in 1971. Kamil is the Governor of West Java since 2018. He is the son of a husband and wife Dr. Atje Misbach, S. H. and Dra. Tjutju Sukaesih. Ridwan is the second of five children. Ridwan has a family, he is married to Atalia Praratya Kamil and has children Camillia Laetitia Azzahra and Emmiril Khan Mumtadz.
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The West Papua National Liberation Army (TPNPB) has claimed responsibility for the execution of 11 illegal gold miners in Yahukimo, Papua, while alleging the casualties as soldiers disguising themselves as gold miners in a mission to infiltrate their operational areas.
The Indonesian Ministry of Foreign Affairs’ Task Force for the Protection of Indonesian Citizens Abroad, in collaboration with the Indonesian Embassies in Bangkok and Yangon, evacuated 169 more Indonesian citizens from Myawaddy, Myanmar on Tuesday, March 18, 2025.
The Indonesian Coast Guard (Bakamla) intercepted an attempted smuggling of 60,000 baby lobsters in the waters near D Island, Thousands Island regency, Jakarta, on Tuesday, March 11, 2025.
The Attorney General's Office (AGO) has named seven individuals − four are top officials within PT Pertamina Group and the other three are business partners − as suspects in a corruption case related to mismanagement of crude oil and refinery products at the State energy company, its subholdings and contractors during the 2018-2023 period.
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
Spokesman of the Indonesian Democratic Party of Struggle (PDI-P), Mohamad Guntur Romli, says that the party has yet to decide on the date for its national congress, dismissing speculations that it will be postponed to a latter time.
Chairman of the National Mandate Party (PAN), Zulkifli Hasan, has announced that the party is open to the possibility of nominating a party cadre as a vice presidential candidate in the 2029 presidential-vice presidential election.
President Prabowo Subianto has inaugurated 31 Ambassadors at the State Palace in Jakarta, Monday, March 24, 2025.
The Indonesian government has appointed Maroef Syamsudin as the new CEO of state-owned mining holding company MIND ID, replacing Hendi Prio Santoso. Lawmakers and industry experts have emphasized that the decision falls entirely under the Ministry of State-Owned Enterprises (BUMN)'s authority.
Powerful insights into the key political players pulling the strings behind government decisions and shaping the nation's future.
Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, says that Indonesia’s electric vehicle (EV) battery ecosystem project will continue with a new partner following the decision by South Korea’s LG Energy Solution to partially withdraw its US$9.8 billion investment in the project.
Indonesia’s recent negotiations with the United States are seen as a strategic move aimed at safeguarding national economic interests rather than signaling a geopolitical shift away from China, said Fithra Faisal Hastiadi, Chief Economist at Samuel Sekuritas Indonesia.
In a historic move to enhance bilateral relations, Indonesia and China held their first-ever 2+2 Dialog in Beijin on Monday, April 21, 2025, involving foreign and defense ministers of both nations.
Coordinating Minister for the Economy, Airlangga Hartarto, has hinted at Indonesia's strategic approach to the recent increase in U.S. tariffs under President Donald Trump’s administration, citing measures to enhance agricultural imports from the U.S. to balance the trade deficit and strengthen bilateral relations.
Explore the global forces shaking the world and their ripple effects on Indonesia’s destiny.
The Board of Governors Meeting of the Indonesian Central Bank (BI) on April 22-23, 2025 decided to maintain the benchmark interest rate (BI Rate) at 5.75 percent over consideration of increased uncertainty amidst U.S.-China trade tariffs war and threat of slowing global economic growth.
Indonesia’s recent negotiations with the United States are seen as a strategic move aimed at safeguarding national economic interests rather than signaling a geopolitical shift away from China, said Fithra Faisal Hastiadi, Chief Economist at Samuel Sekuritas Indonesia.
Jakarta claims to have secured the green light from the Palestinian Government regarding President Prabowo Subianto's proposal to evacuate 1,000 Gaza Strip residents to Indonesia.
The government has affirmed its commitment to maintaining balanced trade relations with all international partners, including the United States and China.
The nation’s ability to manage and recover from challenges is evaluated through its strategies in food security, defense, and energy preparedness. This section assesses Indonesia’s effectiveness in tackling crises and ensuring national resilience.
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Step into the shadowy world of cyber threats, espionage, and national security in the digital age.
French Minister of Foreign Trade Laurent Saint-Martin met with Indonesian Minister of Communication and Digital Application Meutya Hafid on Wednesday, April 9, 2025, , discussing progress update of the National Data Center (PDN-1).
The Ministry of Communication and Digital Application (Komdigi) is reviewing cooperation in building a joint Artificial Intelligence (AI) center in ASEAN along with China, considered to be the largest in terms of cooperation in developing digital infrastructure.
Meutya V. Hafid, Minister of Communication and Digital Application (Komdigi), representing President Prabowo Subianto, is attending the Artificial Intelligence Action Summit (AIAS) Meeting in Paris, France on Monday, February 10-11, 2025.
Hacker Bjorka, who shook Indonesia in 2022 and 2023 when the nation had yet to completely free from the Covid 19 pandemic, now returns with an X account revealing that several private and state-owned banks in Indonesia, such as BCA, BNI, BSI, Bank Mandiri and the Central Bank (BI) will be the next targets of ransomware hacker groups.
The Indonesian and Indian governments have formalized cooperation in the digital sector through the signing of a Memorandum of Understanding (MoU) between the Indonesian Ministry of Communication and Digital (Komdigi) and the Indian Ministry of Electronics and Information Technology.
Minister of Communication and Digital Application (Komdigi) met with Head of the Special Investigation and Development Control Agency (BPPIK) on Thursday, January 9, 2025, discussing the eradication of online gambling, with focus on improving information technology (IT), IT governance, and improving human resources (HR).
A chilling look into the underworld of corruption, illicit wealth, and shadow economies.
JAK TV News Director, Tian Bahtiar (TB), has been named a suspect by the Attorney General's Office (AGO) for allegedly receiving money in return for producing and publishing negative news content about the AGO through social and online media platforms and JAK TV.
Minister of Agriculture Andi Amran Sulaiman has confirmed the legal process against an agricultural observer allegedly involved in a fictitious project that cost the state Rp5 billion (US$300,000).
The Indonesian government has decided to put illegal oil and gas operations under the supervision of State energy company PT Pertamina.
The Ministry of Energy and Mineral Resources (ESDM) has commended the swift action taken by the Specific Crimes Directorate at the National Police Headquarters in apprehending perpetrators involved in the illegal refilling of thousands of Liquefied Petroleum Gas (LPG) cylinders in Gianyar, Bali.
Unravel the intricate threads of justice, societal transformation, and cultural narratives shaping Indonesian society.
A significant majority of Indonesian business executives − 88 percent − support transition from coal to renewable energy before 2035, according to a global survey conducted by Savanta on behalf of the We Mean Business Coalition, E3G, and Beyond Fossil Fuels.
Amidst noisy narrative of green energy, clean energy transition, and booming nickel industry − the backbone of the world's electric vehicles − the Mining Advocacy Network (Jatam) continues to speak up from the margins.
The supreme leader of the Catholic Church and Head of State of the Vatican, Pope Francis, passed away on Monday, April 21, 2025, at 07.35 local time in Vatican.
Escape into the world of indulgence, from serene getaways to the cultural riches that refresh the soul.
Bank DBS Indonesia has recorded funding related to ESG (environmental, social and governance) or Sustainable Business Activities (KKUB) of 14.8 percent throughout 2024 to early 2025.
Financial technology is developing well in Indonesian market. The fintech sector has been expanding in the past three to five years due to, among others, the COVID-19 pandemic, a colossal market, the penetration of internet and the increasing number of smartphone users as well as government support.
The Indonesian Forum for Environment (WALHI) has criticized the government’s plan to open 20 million hectares (ha) of land as reserve forest land for food, energy and water security sources, which could result in various negative impacts in the form of hydrological damage, flooding and landslides from upstream to downstream.
Indonesia's state-owned mining holding company, MIND ID, has announced that the Smelter Grade Alumina Refinery (SGAR) project, a key part of MIND ID's strategy operated by PT Bauxite Alumina Indonesia, is slated to begin operation in September 2024.
