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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Indonesia Awaits G7 Funding for Early Coal Plant Retirement

Indonesia is still waiting for more affordable funding to accelerate the early retirement of coal-fired power plants (PLTU) under an agreement with wealthy nations in the G7 group, according to Coordi

10 Sep 2024

Business News

Economy

Energy Transition

This Week’s Headlines (Aug 31 – Sep 6, 2024)

Business-Indonesia's This Week's Headlines Issue #128

International Cooperation

Indonesia, GH2 sign deal to accelerate green hydrogen adoption

The Indonesian Ministry of Energy and Mineral Resources (MEMR) and the Green Hydrogen Organization (GH2) have inked an agreement to accelerate the implementation of Indonesia's national hydrogen

Energy Transition

Hydrogen in Indonesia

Jokowi Opens ISF 2024, Calls for Global Collaboration on Climate Change

Indonesian President Joko Widodo (Jokowi) officially opened the Indonesia International Sustainability Forum (ISF) 2024 in Jakarta on Thursday, September 5. The forum, themed "Towards Sustainable an

Indonesia’s Inflation Remains Within Central Bank Range in August

Indonesia’s annual inflation rate remained stable at 2.12% in August, compared to 2.13% in July, according to data released by Statistics Indonesia (BPS) on Monday. This rate aligns with

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