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's Trade Balance Surplus Narrows to US$2.39 Billion in June 2024

Indonesia’s trade balance surplus decreased to US$2.39 billion in June 2024, a reduction of $0.54 billion from the previous month’s $2.92 billion, according to Indonesia's Central Statistics Agency

This Week's Headlines (Jul. 6 -12, 2024)

Business-Indonesia This Week’s Headlines Issue #120

Nuclear Power Included in Indonesia's 2033 Electricity Generation Plan

The Indonesian government has officially included nuclear power in its 2033 National Electricity General Plan (RUKN). This decision was confirmed by the Ministry of Energy and Mineral Resources (ESDM)

11 Jul 2024

Energy

Eramet Explores Electric Battery Project Collaboration with Chinese Company

French mining company Eramet SA is exploring a collaboration with Zhejiang Huayou Cobalt Co (Huayou) to produce nickel, which will be used as raw material for electric vehicle batteries in Indonesia.

Energy Transition

This Week’s Headlines (Jun. 29-Jul. 5, 2024)

Business-Indonesia This Week's Headlines Issue #119

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