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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Prabowo’s Economic Plans

On Sunday, October 20, 2024, Indonesia officially sworn in its eighth President, retired general Prabowo Subianto.

This Week’s Headlines (Oct. 19 - 25, 2024)

Business-Indonesia's This Week's Headlines Issue #135

Prabowo Aims for Hundreds of Trillions in Additional State Revenue from Tax Evaders

Gerindra Party Deputy Chairman Hashim Djojohadikusumo has stated that the government is expected to gain nearly Rp 500 trillion (roughly US$32 billion) in additional revenue next year. This windfall i

24 Oct 2024

Business News

Export & Import

Waste Management

New Trade Minister Vows to Conclude IEU-CEPA in 100 Days

Indonesia’s newly appointed Trade Minister, Budi Santoso, has set an ambitious goal to finalize the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) within his first 10

Export & Import

International Cooperation

Minister of Environment Plans to End Waste Imports

The Minister of Environment/Environmental Control Agency, Hanif Faisol Nurofiq, stated that the government plans to end waste imports into Indonesia. This plan is one of the solutions to address the o

22 Oct 2024

Business News

Export & Import

Waste Management

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