News | Business-Indonesia

BI Holds Interest Rate at 4.75% to Maintain Rupiah Stability Amid Iran–US Conflict

Bank Indonesia maintained its benchmark interest rate at 4.75% during the Board of Governors Meeting (RDG) held on March 16–17, 2026. The decision was taken amid weakening rupiah conditions, which had

17 Mar 2026
Indonesia’s Maritime Economy Enters 2026 With Growth Ambitions, but Security Still Shapes the Trade Outlook

Indonesia’s maritime sector enters 2026 contributing around 7% to GDP, alongside expanding shipping activity, transport services trade, logistics development, and maritime security.

13 Mar 2026
Indonesia’s Crude Oil Price Rises 6.8% to USD 68.79 per Barrel

The Ministry of Energy and Mineral Resources (ESDM) has set the average Indonesian Crude Price (ICP) at USD 68.79 per barrel in February, representing an increase of 6.8% from USD 64.41 per barrel

12 Mar 2026
Ramadan Spending Lifts Indonesia Retail Sales Despite Softer Consumer Confidence

Retail sales in Indonesia strengthened in February ahead of the Ramadan and Idul Fitri festive season, although consumer confidence weakened as households grew more cautious about the economic outlook

11 Mar 2026
Indonesia Commits to Strengthening Pension Fund System at OECD Forum

Indonesia reaffirmed its commitment to strengthening its national pension fund system during OECD Financial Markets Week in Paris as part of its OECD accession process. OJK presented a self-evaluation

10 Mar 2026
This Week's Headlines (Feb. 28 - Mar. 6, 2026)

In This Week’s Headlines: Indonesia to Boost Oil Storage; Govt Rolls Out Holiday Allowances Ahead of Idul Fitri; OJK Reassures Markets After Fitch Outlook Revision.

06 Mar 2026
Fitch Revises Indonesia’s Outlook to Negative, Airlangga Calls Free Nutritious Meals a Long-Term Investment

Global rating agency Fitch Ratings highlighted Indonesia’s Free Nutritious Meals (MBG) program in its decision to revise the country’s debt outlook from stable to negative. Coordinating Minister

05 Mar 2026

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This Week’s Headlines (Nov. 15 - 21, 2025)

Indonesia hailed as ‘bright spot’ by IMF, foreign debt drops to IDR 7,100T, and Indonesia–Jordan advance long-term fertilizer cooperation in This Week’s Headlines (Nov. 15 - 21, 2025).

International Cooperation

Pertamina Discovers Oil and Gas Well in Rokan, Largest in 10 Years

PT Pertamina (Persero) announced that the company has identified potential reserves of 724 million barrels of oil equivalent (MMBOE) from a non-conventional oil and gas (MNK) well in the Rokan Working

20 Nov 2025

Business News

Energy

Bosch Breaks Ground on First Global Modular Factory in Indonesia

Bosch has begun construction of its first modular manufacturing facility worldwide in Cikarang, Bekasi, following a groundbreaking ceremony on November 19, 2025. The 82,000-square-meter site will be

PLN, EU to Collaborate for Green Electricity Infrastructure to Support NZE 2060 Target

PT PLN (Persero) is cooperating with the European Union, KfW Development Bank, and PT Sarana Multi Infrastruktur (Persero) or SMI for a large-scale pumped storage hydropower renewable energy projectPT

18 Nov 2025

Business News

Energy

Energy Transition

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This Week’s Headlines (Nov. 8 – Nov. 14, 2025)

Indonesia backs Grab-GoTo merger, to resume shrimp exports to the US, and Toyota eyes bioethanol investment for E10 policy in This Week’s Headlines (Nov. 8–14, 2025).

International Cooperation

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