Business News
Indonesia Signs USD 4.89 Billion Investment to Build Semiconductor Ecosystem
Indonesia has agreed to a strategic Joint Development Agreement (JDA) worth USD 4.89 billion — with the potential to grow to USD 26.7 billion — to strengthen its semiconductor ecosystem and become firmly embedded in the global industrial value chain. The agreement, witnessed during President Prabowo Subianto’s working visit to…
Indonesia Aims for 75% Sharia Economy Market Share
Indonesia is setting an ambitious goal to expand the national Islamic economy’s market share to reach 75% of the overall economy, signaling strong confidence in the sector’s long-term growth potential. Current estimates show the nation’s Sharia economy accounts for roughly 40% of the market, with continued improvements across Islamic finance,…
IKN Authority Strengthens Regional Ecosystem with Three New Investment Partnerships
The Ibu Kota Nusantara (IKN) Authority has signed three investment cooperation agreements with major private firms, marking a boost to development efforts in Nusantara and advancing the economic ecosystem of the new capital region. The partnerships will develop commercial and public service facilities, including retail centers, culinary zones, and sports…
Indonesia Accelerates 2026 Budget Spending to Boost Growth
Indonesia’s government has started 2026 with a strong budget execution, as Vice Minister of Finance Suahasil Nazara highlighted robust spending performance that aims to stimulate economic activity and strengthen household consumption in the first quarter. Early budget realization shows significant increases across priority programs, particularly social support initiatives and infrastructure…
