Business News
Indonesia and Saudi Arabia to Enhance Trade Cooperation
Indonesia and Saudi Arabia are poised to strengthen their trade ties following a virtual meeting between Indonesia’s Trade Minister Budi Santoso (“Busan”) and Saudi Arabia’s Trade Minister Majid bin Abdullah Al-Kassabi. In 2024, bilateral trade reached approximately US$6.6 billion—Indonesia exported goods worth US$2.6 billion, while imports stood at US$4.4 billion.…
Manufacturing Industry Has Opportunity to Improve Export Performance
In July 2025, Indonesia’s manufacturing Purchasing Managers Index (PMI) rose to 49.2—still below the 50-point expansion threshold, but showing notable improvement from June's 46.9, suggesting a slower pace of contraction. Concurrently, the Industrial Confidence Index (IKI) climbed to 52.89 from 51.84. This improvement was supported by three key indicators: the…
Indonesia Sees Investment Growth Outside Java Island in the First Half of 2025
In the first half of 2025, Indonesia achieved a total investment realization of approximately IDR 942.9 trillion—a year-on-year increase of 13.6%—which accounted for nearly half of the annual target of IDR 1,905.6 trillion. Domestic investment led the way, contributing 54.1%, while foreign investment made up 45.9%. Notably, investments directed to…
The Indonesian Business Council Promotes Inclusive Economic Growth Through the Indonesia Economic Summit 2026
On 26 August 2025, a press conference for the Kick-off Indonesia Economic Summit (IES) 2026 was held at the Fairmont Hotel Jakarta. IES 2026 is a designated forum for discussions on economic trends, energy transition, talent development, and the direction of Indonesia's future policies. The event will take place on…
