News | Business-Indonesia

Danantara Establishes New Holding: Kawasan Industri Indonesia

The government has officially established a new holding company named Kawasan Industri Indonesia. The holding was formed to consolidate the management of industrial estates under state-owned

26 May 2026
This Week's Headlines (May 16-22, 2026)

This Week: Govt Eyes 6.5% Economic Growth in 2027, Indonesia Eases Earnings Retention Rules for US Exports, and Launches Auction for 13 New Oil and Gas Blocks

22 May 2026
BI Raises Interest Rate by 50 bps to 5.25% Amid Rupiah Downtrend

Bank Indonesia raised its benchmark interest rate by 50 bps to 5.25% during its Board of Governors Meeting on 19–20 May 2026. The decision was made as the rupiah continued to weaken, breaching the

21 May 2026
Indonesia to Centralize Key Commodity Exports Under State-Linked Entity

President Prabowo Subianto has announced a policy to centralize exports of several strategic natural resource commodities through a government-appointed state entity, in a move aimed at strengthening

20 May 2026
Indonesia’s Crude Oil Price Rises 14% to USD 117.31 per Barrel

The Ministry of Energy and Mineral Resources (ESDM) has set the average Indonesian Crude Price (ICP) for April 2026 at USD 117.31 per barrel. This figure increased by USD 15.05, or 14.72%, compared

19 May 2026
Indonesia’s Automotive Industry Eyes Gradual Rebound as Competition Intensifies

The Indonesian automotive industry is moving into a more competitive phase where recovery does not benefit all players. Sales may be stabilizing after a weaker year, but underlying shifts in

06 May 2026

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Prabowo Launches IDR 116 Trillion Downstreaming Push with 13 New Projects

President Prabowo Subianto has launched the second phase of Indonesia’s downstreaming agenda, breaking ground on 13 projects valued at IDR 116 trillion (around USD 7.5 billion) in a move aimed at

Government Removes Import Duties on LPG and Plastic Raw Materials to Curb Price Surge

The government is preparing a fiscal incentive package, including the elimination of import duties on LPG and plastic raw materials. Coordinating Minister for Economic Affairs Airlangga Hartarto said

This Week's Headlines (April 18-24, 2026)

This Week: Indonesia to Import 150 Million Barrels of Crude Oil from Russia This Year, BI Holds Rate Steady to Rein in Rupiah's Weakening, Indonesia Will Not Impose Tariffs in Malacca Strait

Indonesia Records IDR 498.8 Trillion Investment Realization in Q1 2026

Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, stated that Indonesia’s investment realization in the first quarter of 2026 reached

MSCI Extends Review of Indonesia Equities to June

Global index provider MSCI has postponed its final decision on Indonesia’s equity market status to June, extending its review of reforms introduced by local authorities to address concerns over

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