Business News

Government Encourages Foreign Investment to Strengthen Indonesia’s Steel Industry

The Indonesian government is actively promoting foreign investment to enhance the national steel industry and reduce dependence on imports. By inviting investors from Europe, China, and Vietnam to establish steel plants in Indonesia, the government aims to increase domestic production capacity while providing investors access to the local market. Currently,…

Indonesia and South Korea Ink MoU to Promote Indonesian Coffee in Goyang

Indonesia and South Korea have signed a memorandum of understanding (MoU) to enhance the marketing of Indonesian coffee in South Korea. The agreement, signed on November 6, 2025, by Husodo Kuncoro Yakti, head of the Indonesia Trade Promotion Center (ITPC) in Busan, and Goyang Mayor Lee Dong-hwa, aims to establish…

Domestic Investment Drives Batam’s Economic Growth, Reaching IDR 54.7 Trillion

Batam’s economy is showing strong momentum as domestic investment (PMDN) emerges as the main growth driver. According to the Batam Indonesia Free Zone Authority (BP Batam), total investment in the region reached IDR 54.7 trillion by the third quarter of 2025—an increase of 25.58% compared to the same period last…

Indonesia’s Bond Market Strengthened by Domestic Policy and Liquidity

Indonesia’s bond market is increasingly shaped by domestic economic policy rather than global sentiment, marking a major shift in its structure and resilience. The steep fall in 10-year bond yields to multiyear lows reflects not foreign speculation, but the dominance of local institutions—particularly Bank Indonesia (BI) and state-owned banks—as the…
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