Markets and Finance
Indonesia to build seven fertilizer plants by 2029, cuts retail prices by 20 percent
The Ministry of Agriculture plans to build seven fertilizer plants worth some Rp 50 trillion (US$3 billion) by 2029, five of which are expected to be completed within that year, said Minister of Agriculture Amran Sulaiman.
Indonesia plans first offshore Yuan Bond sale to tap cheaper funding
The Indonesian government is reportedly preparing to issue its first-ever yuan-denominated sovereign bonds in the offshore market, a move that would add to a record year for dim sum bond issuance worldwide.
Indonesia eyes BRICS markets as new frontier for export expansion
The global economic map is shifting, with the world’s economic axis now tilting southward and eastward and the rise of the BRICS bloc − comprising Brazil, Russia, India, China, and South Africa − marking the emergence of new centers of growth, which have long been dominated by Western countries.
Government eyes Middle East, South Africa, Latin America to boost 2026 exports
Government is set to expand its export markets in 2026, targeting the Middle East, South Africa, and Latin America as new growth frontiers in an effort to sustain its trade surplus momentum, Trade Minister Budi Santoso announced on Wednesday, October 22, 2025.
BI holds key rate at 4.75% to balance growth, stability
After three consecutive rate cuts, the Indonesian Central Bank (BI) has decided to hold its benchmark interest rate at 4.75 percent, maintaining a delicate balance between supporting economic growth and preserving financial stability amid persistent global uncertainty.
BNI shares rally amid market downturn
Shares of state-owned lender PT Bank Negara Indonesia (BNI) have emerged as one of the most sought-after stocks in Indonesia’s banking sector, even as the broader market remains under pressure, with analysts citing the bank’s solid fundamentals, attractive valuation, and supportive government policies as key factors driving optimism for a rebound.
Krista opens ALLPACK INDONESIA 2025, SE Asia’s largest international packaging exhibition
Krista Exhibitions on Tuesday, October 21,2025 opened ALLPACK INDONESIA 2025, Southeast Asia’s largest international exhibition showcasing innovations across the packaging, plastic, processing, printing, recycling, and pharmaceutical industries. Now in its 24th year, the event runs from October 21–24, 2025, at Jakarta International Expo (JIExpo), Kemayoran.
First Stainless Steel Summit launched to strengthen industry competitiveness, green transition
The Indonesian Stainless Steel Development Association (INASSDA) launched the first-ever national Indonesian Stainless Steel Summit (ISSS) 2025 at Grand Mercure Hotel, Kemayoran, Jakarta on Tuesday, October 21, 2025.
Garuda Indonesia announces major leadership reshuffle to strengthen performance
National flag carrier PT Garuda Indonesia has undergone a major leadership shake-up following an Extraordinary General Meeting of Shareholders (EGMS) held on Wednesday, October 15, 2025.
Jakarta–Bandung high speed rail’s soaring debt risks becoming a “time bomb”
Indonesia’s flagship Jakarta–Bandung High-Speed Rail (KCJB) project − known as Whoosh − faces mounting financial pressure after cost overruns pushed total project debt to Rp116 trillion (US$7.2 billion), sparking concern among government and state-owned enterprise (SOE) officials.
Prabowo signs new regulation on Indonesia’s carbon market, emission control framework
President Prabowo Subianto has signed Presidential Regulation (Perpres) No. 110/2025 on the Implementation of Carbon Economic Value (NEK) and National Greenhouse Gas (GHG) Emission Control, marking a significant milestone in Indonesia’s climate policy reform.
Finance Minister calls for full utilization of free nutritious meal budget
Minister of Finance, Purbaya Yudhi Sadewa, has emphasized that the government will continue to push for the full utilization of the Free Nutritious Meal (MBG) budget, warning that unspent funds could burden state finances.