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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Topic

Publication Date

This Week’s Headlines (Oct. 13 - 18, 2024)

Business-Indonesia's This Week's Headlines Issue #134

Electric Vehicles

This Week's Headlines

Bank Indonesia Maintains 6% Interest Rate in October 2024, Signals Room for Future Cuts

Bank Indonesia (BI) has decided to keep its benchmark interest rate, the BI-Rate, steady at 6% in October 2024, following a 25-basis point cut in the previous month. The central bank also maintained t

17 Oct 2024

Business News

Economy

Prabowo Subianto Asks Sri Mulyani to Remain Finance Minister

Indonesia's incoming president, Prabowo Subianto, has asked Sri Mulyani Indrawati to remain as finance minister in his upcoming administration, a move that has garnered positive reactions from both lo

16 Oct 2024

2024 Elections

Business News

Economy

Investment Realization Reaches US$81 Bn by September

The Indonesian Ministry of Investment reported that investment realization from January to September 2024 surged by 19.78% year-on-year to Rp 1,261 trillion (approximately US$81 billion), with foreign

15 Oct 2024

Economy

Investment

Logistics & Transports

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Indonesia's Agriculture sector resilient amid medium-term risks

Indonesia’s agriculture sector is navigating a period of substantial challenges, with factors such as volatile weather patterns, global commodity price fluctuations, and domestic structural issues pre

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