Business News

10 Top Destinations for Indonesian Woven Fabric Exports in First Half of 2025

In the first half of 2025, Indonesia’s woven fabric exports reached a total value of USD 316.98 million. The United Arab Emirates emerged as the leading destination, importing about USD 60.59 million, followed by Japan with USD 50.74 million. Other important markets included India and Malaysia, which absorbed nearly the…

Prabowo Revises 2025 Government Work Plan: Sets Economic Growth Target at 5.3%, and Exchange Rate IDR 16,000–16,900 per USD

President Prabowo Subianto has officially updated Indonesia’s 2025 Government Work Plan (RKP) with Presidential Regulation (Peraturan Presiden/Perpres) Number 79 of 2025, replacing the previous regulation (Perpres Number 109 of 2024). The revision adjusts several macroeconomic assumptions: the economic growth target is fixed at 5.3% (narrowed from the prior 5.3-5.6%), and…

Indonesia Unveils Nearly USD 1 Billion Economic Stimulus Package

Indonesia has announced a stimulus package worth about USD 989 million (IDR 16.23 trillion) to be implemented in the last quarter of 2025, with some programs extending into 2026. The package includes food aid in the form of 10 kilograms of rice for 18.3 million households, the elimination of personal…

The Indonesia-Europe Business Forum 2025: Synergy for New and Renewable Energy

On 8-9 September 2025, the Indonesia-Europe Business Forum (IEBF) 2025, with the theme 'Indonesia-Europe Synergy for New and Renewable Energy', was held in Oslo, Norway. This event is part of a series of IEBF events previously held in Berlin. The 2025 IEBF in Oslo was attended by 16 agencies from…
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