Business News
International Monetary Fund (IMF) Increases Indonesia's Economic Growth Projection in 2025 to 4.9%
The International Monetary Fund (IMF) has raised its projection for Indonesia’s economic growth in 2025 to 4.9%, up from the previous estimate of 4.8%, as stated in its October 2025 World Economic Outlook report. The upward revision reflects confidence in Indonesia’s strong economic fundamentals, consistent fiscal discipline, and ongoing institutional…
Airlangga to Establish Special Task Force for Investment Barriers, Presidential Decree Pending
Coordinating Minister for Economic Affairs Airlangga Hartarto announced that the government will soon form a Special Task Force for the Acceleration of Priority Development Programs. The establishment of this task force, aimed at tackling investment bottlenecks in strategic economic sectors, will be formalized through a Presidential Regulation (Perpres), which has…
Indonesia and UAE Reaffirm Commitment to Indonesia-United Arab Emirates Comprehensive Economic Partnership Agreement (IUAE-CEPA) Implementation
Indonesian Trade Minister Budi Santoso and UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi met on 10 October 2025 in Gqebera, South Africa, during the G20 Trade and Investment Ministerial Meeting. The bilateral meeting focused on enhancing the implementation of the Indonesia-United Arab Emirates Comprehensive Economic Partnership Agreement…
West Java Partners with Global Investor to Unlock Oil Field Potential
The West Java Provincial Government, through its Economic Bureau, has initiated a strategic collaboration to attract high-value investment by facilitating a partnership between regional-owned enterprise PT Migas Utama Jabar (MUJ) and PT Enerproco Global Indonesia, a global energy technology company with expertise in Chemical Enhanced Oil Recovery (C-EOR). This move…
