News | Business-Indonesia

Indonesia Sets March 2025 Crude Oil Price at USD 71.11 per Barrel Amid Global Market Pressures

The Ministry of Energy and Mineral Resources (ESDM) has announced the Indonesian Crude Price (ICP) for March 2025 at USD 71.11 per barrel. This figure reflects a decrease of 4.28%, or USD 3.18, from

17 Apr 2025
Indonesia Begins Tariff Talks with US in Washington

A selected team of high-ranking Indonesian government officials are in Washington, D.C. from April 16-23 to negotiate a reduction of the 32% reciprocal tariffs recently imposed by the United States on

16 Apr 2025
Minister: Indonesia and Russia Open Cooperation Opportunities, from Education to Technology

Coordinating Minister for Economic Affairs Airlangga Hartarto stated that Indonesia and Russia have the potential to collaborate in investment across various sectors, including technology, tourism,

15 Apr 2025
Made in Indonesia: Medical Devices Sector Poised for Global Reach

Indonesia's medical device industry is gaining momentum amid structural reforms, digital transformation, and growing healthcare demands. While import dependency remains high, significant policy shifts

14 Apr 2025
This Week's Headlines (Apr. 5-11, 2025)

Business-Indonesia This Week's Headlines Issue #159

11 Apr 2025
PLN to Build 40 MW Geothermal Power Plant in Ambon

State-owned electricity company PT Perusahaan Listrik Negara (PLN) plans to build a geothermal power plant (PLTP) with a capacity of 40 megawatts (MW). The project is part of the 2025–2034 Electricity

10 Apr 2025

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China Pledges Funding Support for Prabowo's Free Nutritious Meal Program

The Chinese government has committed to supporting the free nutritious meal program being prepared by the administration of President Prabowo Subianto. The funding will be channeled through the "Food

Food & Beverages

This Week’s Headlines (Nov. 2 - 8, 2024)

Business-Indonesia's This Week's Headlines Issue #137

Free Medical Check-Ups: Another Boon to Indonesia’s Pharmaceutical Industry

In late September of this year, it was announced that President Prabowo Subianto would allocate Rp 3.3 trillion (roughly US$209.8 million) to provide free medical check-ups starting in 2025. The progr

08 Nov 2024

Health & Medical

Insights

Pharmaceuticals

Indonesia and Canada to Accelerate Free Trade Agreement

Coordinating Minister for Economic Affairs, Airlangga Hartarto, met with Canada's Ambassador to Indonesia and Timor-Leste, Jess Dutton, in Jakarta on Wednesday, November 6. The two discussed expeditin

07 Nov 2024

Business News

International Cooperation

Prabowo Cancels Debts for Farmers, Fishermen, and MSMEs

President Prabowo Subianto has signed Government Regulation No. 47 of 2024, granting debt forgiveness to approximately one million farmers, fishermen, and micro, small, and medium enterprises (MSMEs).

06 Nov 2024

Agribusiness

Business News

Economy

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