News


The latest news and information about business in Indonesia.

UAE Exits OPEC, Indonesia Hopes for Stability and Global Energy Supply Security
The Ministry of Foreign Affairs (Kemenlu) hopes that the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) will support market stability and global
30 Apr 2026
Business News
Energy
International Cooperation
Prabowo Launches IDR 116 Trillion Downstreaming Push with 13 New Projects
President Prabowo Subianto has launched the second phase of Indonesia’s downstreaming agenda, breaking ground on 13 projects valued at IDR 116 trillion (around USD 7.5 billion) in a move aimed at
29 Apr 2026
Business News
Chemical
Economy
+3
Government Removes Import Duties on LPG and Plastic Raw Materials to Curb Price Surge
The government is preparing a fiscal incentive package, including the elimination of import duties on LPG and plastic raw materials. Coordinating Minister for Economic Affairs Airlangga Hartarto said
28 Apr 2026
Business News
Economy
Energy
+1
This Week's Headlines (April 18-24, 2026)
This Week: Indonesia to Import 150 Million Barrels of Crude Oil from Russia This Year, BI Holds Rate Steady to Rein in Rupiah's Weakening, Indonesia Will Not Impose Tariffs in Malacca Strait
24 Apr 2026
Economy
Energy
Financial
+1
Indonesia Records IDR 498.8 Trillion Investment Realization in Q1 2026
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, stated that Indonesia’s investment realization in the first quarter of 2026 reached
23 Apr 2026
Business News
Economy
Investment