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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Govt’s free-nutritious meal plan, rising income poised to boost Indonesia’s dairy sector

The Indonesian dairy sector is poised for growth, driven by the increasing disposable income of the middle class and rapid urbanization. Trends include consumers with higher purchasing power shifting

This Week’s Headlines Aug 17 – Aug 23 (Issue #126)

Business-Indonesia This Week's Headlines Issue #126

Energy Transition

QRIS Transactions Surge, ATM Card Usage Declines

Bank Indonesia has reported a significant surge in transactions made through the Quick Response Code Indonesian Standard (QRIS), with a 207.44% increase recorded in July 2024. In contrast, the usage o

22 Aug 2024

Business News

Digital Economy

Govt. To Start Free Nutritious Meal Program on Jan. 25, 2025

The free nutritious meal program, a flagship campaign promise of President-elect Prabowo Subianto, is set to begin on January 2, 2025. The program will be managed by the newly established National Nut

21 Aug 2024

Business News

Dairy Products

Food & Beverages

Rosan Roeslani Takes Office as Minister of Investment Amidst Cabinet Reshuffle

Rosan Roeslani officially began his duties as Minister of Investment and Head of the Investment Coordinating Board (BKPM) on Monday, August 19, following a major cabinet reshuffle by President Joko “J

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