Business News
Indonesia’s USD 762 Million Ramadan Stimulus Aims to Boost Economic Momentum
The Indonesian government has introduced a USD 762 million (IDR 12.83 trillion) economic stimulus package ahead of Ramadan and Eid al‑Fitr to support consumption and maintain spending during one of the busiest periods for travel and household purchases. The plan includes transport fare cuts, food assistance, and social support measures…
Indonesia Tops G20 Growth with 5.39% GDP Expansion
Indonesia’s economy expanded by 5.39% in the fourth quarter of 2025, marking the fastest growth among G20 countries, according to Coordinating Minister for Economic Affairs Airlangga Hartarto. The acceleration reflects strong manufacturing activity, rising consumer confidence, and robust domestic demand, with the Consumer Confidence Index climbing to a healthy level…
Indonesia Advances Strategic Investment in Global Hajj Economic Ecosystem
Indonesia is ramping up efforts to play a more strategic role in the global Hajj economic ecosystem, seeking to transform the country’s position from a seasonal participant to a key investor and service provider within the international pilgrimage economy. The initiative, led by government and institutional partners such as the…
Indonesia and U.S. Set to Sign Reciprocal Trade Agreement in Washington
Indonesia is preparing to finalize a major reciprocal trade agreement with the United States, with President Prabowo Subianto expected to sign the deal during his visit to Washington for the Board of Peace summit on February 19, 2026. Known as the Agreement on Reciprocal Trade (ART), the pact has been…
