News


The latest news and information about business in Indonesia.

Indonesia to Maintain B40 Biodiesel Mandate as Palm Oil Prices Rise
Indonesia will maintain its mandatory B40 biodiesel blending policy this year, as plans to raise the mandate to B50 remain under further study, Coordinating Minister for Economic Affairs Airlangga
14 Jan 2026
Business News
Economy
Energy
Prabowo Inaugurates USD 7.4 Bn Balikpapan Refinery Upgrade
President Prabowo Subianto inaugurated the Refinery Development Master Plan (RDMP) Balikpapan project in East Kalimantan on January 12. The project represents a major modernization of Refinery Unit
13 Jan 2026
Business News
Energy
This Week’s Headlines (Jan. 3 – Jan. 9, 2026)
Indonesia cuts coal output plans, extends income tax relief for workers, and Unilever divests SariWangi in IDR 1.5 trillion deal in This Week’s Headlines.
09 Jan 2026
Economy
Energy
Taxation
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Prabowo Targets Seizure of 4-5 Million Hectares of Illegal Oil Palm and Mining Land
President Prabowo Subianto plans to seize four to five million hectares (ha) of illegal land in 2026. The illegal land targeted for seizure includes palm oil plantations and illegal mining areas.
08 Jan 2026
Business News
Economy
Mining
Indonesia to Boost Oil Production as US–Venezuela Tensions Raise Global Supply Concerns
Indonesia is moving to reinforce its oil supply security by increasing domestic crude production and expanding strategic reserves in response to rising global geopolitical risks following the capture
07 Jan 2026
Business News
Economy