social dynamics

Indonesia's Economic Coordinating Minister, Foreign Minister, and Finance Minister will serve as President Prabowo's government delegation to Washington, D.C., April 16-23, 2025, to negotiate with the U.S. Trade Representative, the Treasury Secretary, and the Secretary of Commerce to take advantage of the Trump...

Indonesia's foreign exchange reserves amounted to $157.1 billion at the end of March 2025, up from $154.5 billion the previous month, according to Bank Indonesia. The rise in foreign exchange reserves was driven by higher tax and service revenues, as well as the government's recovery of foreign loans; Indonesia requires...

Indonesia's BPI Danantara Investment Authority pointed out that the business of waste-to-energy can return to profitability in 5-6 years, and has received attention from Singapore, South Korea, Japan, China, and Europe, although no investor has entered yet. The agency first ...

Indonesia's installed capacity of coal power plants continues to rise, adding 1.9 GW in 2024, the third largest in the world, of which 801 TP3T is specific purpose (captive power plants). As of 2024, Indonesia has 130 captive coal power plants with installed capacity of 30 MW and above in...

President Prabowo has called for the elimination of import quota regulations involving essential goods for the population, arguing that businesses with the capacity to do so should be given the freedom to import, reduce cumbersome bureaucratic procedures, simplify the import process, and create a more liberal business environment for businesses,...

The U.S. imposed 32% import tariffs on Indonesia because Indonesia has a $17 billion trade surplus with the U.S. President Prabowo said Indonesia has a strong negotiating strategy, offering to buy $17 billion in U.S. products to balance the trade surplus. Indonesia ...

Sun Yong, the vice governor of China's Anhui Province, has once again visited East Kalimantan Province in Indonesia to promote matters related to cooperation between the two sides. The vice governor of East Kalimantan province said that the cooperation with Anhui province started a few years ago, and this visit is a good follow-up to the previous...

President Prabowo, who will host an open house on Eid al-Fitr 2025, plans to first perform the Eid al-Fitr prayer ceremony at Jakarta's Istiklal Mosque on March 31, 2025 (the day of Eid al-Fitr), before heading to the Independence Palace to host...

Car sales in Indonesia showed a positive trend in February 2025, with wholesale sales reaching 72,295 units, up 16.71 TP3T YoY and 2.21 TP3T YoY. retail sales increased 9.11 TP3T to 69,872 units from 64,029 units in January, but were still down 0...

Indonesia has a processing plant with a capacity of up to 50 tons of gold per year, the Precious Metals Refinery (PMR) owned by Freeport Indonesia (PTFI) in the Gresik Special Economic Zone in East Java, which was opened on March 17, 2025 by President Prabowo for the...