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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Publication Date

Two Manufacturers to Potentially Produce LFP Batteries Domestically for EVs

The Coordinating Ministry for Maritime and Investment Affairs noted that approximately US$1 billion in investments has flowed into the domestic renewable energy battery sector, part of which was aimed

08 Aug 2024

Business News

Electric Vehicles

Energy Transition

Indonesia Inaugurates Anode Plant for EV Batteries

On Wednesday, Indonesia's President Joko Widodo, commonly known as Jokowi, inaugurated a new plant constructed by China's BTR New Material Group in collaboration with Singapore's Stellar Investment. T

07 Aug 2024

Business News

Electric Vehicles

Energy Transition

BPS: Indonesia's Q2 2024 Economic Growth Slows to 5.05%

The Indonesian economy experienced slower growth in the second quarter of 2024, as reported by the Central Statistics Agency (BPS). The country's gross domestic product (GDP) at current prices

This Week’s Headlines July 27 – Aug 2 (Issue #123)

Business-Indonesia This Week's Headlines Issue #123

International Cooperation

This Week's Headlines

Indonesia Experiences Three Consecutive Months of Deflation Due to Decline in Food and Beverage Consumption

The Central Statistics Agency (BPS) reported that Indonesia experienced a monthly deflation of 0.18% in July 2024, with the Consumer Price Index (CPI) dropping from 106.28 in June 2024 to 106.09 in Ju

01 Aug 2024

Business News

Economy

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