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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PT PLN Leads Hydrogen Revolution In Indonesia With Groundbreaking Ecosystem Development

PT PLN (Persero), a trailblazer in Indonesia’s energy sector, has taken significant strides in developing the hydrogen ecosystem, a move seen as a catalyst for both the nation’s energy transition and

Energy Transition

Hydrogen in Indonesia

This Week’s Headlines (Jun 15-21, 2024)

Business-Indonesia This Week’s Headlines Issue #118

Electric Vehicles

Energy Transition

Indonesia prepares green hydrogen incentives, tax breaks

The Indonesian Ministry of Energy and Mineral Resources (ESDM) is preparing regulations on the incentives and tax breaks needed by developers to step up the development of green hydrogen

Energy Transition

Hydrogen in Indonesia

Nuberg EPC Wins Contract to Build 40,000 TPA Hydrogen Peroxide Plant in Indonesia

Nuberg EPC, a leading global engineering, procurement, and construction (EPC) company specializing in the chemical industry, is pleased to announce its collaboration with PT. Hidrogen Peroxida

Energy Transition

Hydrogen in Indonesia

Indonesia climbs 7 places, surpasses Malaysia, Japan and UK, in IMD competitiveness ranking

Indonesia has advanced to the 27th position in the 2024 IMD World Competitiveness Ranking (WCR), a significant improvement from 34th place in 2023, placing the nation ahead of Malaysia, Japan, and

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