News | Business-Indonesia

Oil Prices Tumble After Trump Claims Iran Negotiation Breakthrough

Global oil prices dropped sharply after United States President Donald Trump claimed that discussions had taken place to end the conflict with Iran, although the statement was swiftly denied by Tehran

24 Mar 2026
This Week's Headlines (Mar. 14 - 20, 2026)

This Week: RI, Japan Ink Strategic Pacts on Critical Minerals, Nuclear Power, Indonesia’s Fishery Exports Reach IDR 16.7 Trillion as of March 2026 and Indonesians in South Korea Can Pay with QRIS

20 Mar 2026
Indonesia Eyes Russia and Brunei Oil Supplies as Government Maintains Energy Stability

Indonesia is exploring oil and gas imports from Russia and Brunei to secure energy supply and maintain price competitiveness, while ensuring domestic fuel, LPG, and electricity availability remains st

18 Mar 2026
BI Holds Interest Rate at 4.75% to Maintain Rupiah Stability Amid Iran–US Conflict

Bank Indonesia maintained its benchmark interest rate at 4.75% during the Board of Governors Meeting (RDG) held on March 16–17, 2026. The decision was taken amid weakening rupiah conditions, which had

17 Mar 2026
Indonesia’s Maritime Economy Enters 2026 With Growth Ambitions, but Security Still Shapes the Trade Outlook

Indonesia’s maritime sector enters 2026 contributing around 7% to GDP, alongside expanding shipping activity, transport services trade, logistics development, and maritime security.

13 Mar 2026
Indonesia’s Crude Oil Price Rises 6.8% to USD 68.79 per Barrel

The Ministry of Energy and Mineral Resources (ESDM) has set the average Indonesian Crude Price (ICP) at USD 68.79 per barrel in February, representing an increase of 6.8% from USD 64.41 per barrel

12 Mar 2026

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This Week’s Headlines (Dec. 21 - 27, 2024)

Business-Indonesia's This Week's Headlines Issue #144

International Cooperation

Indonesia said to be a BRICS Partner Country Starting Jan. 1, 2025

Indonesia is set to become one of the nine partner countries of the BRICS organization starting January 1, 2025. This announcement was made by Vladimir Putin’s Advisor on International Relations, Yury

International Cooperation

This Week’s Headlines (Nov. 14 - 20, 2024)

Business-Indonesia's This Week's Headlines Issue #143

Indonesia and Egypt to Strengthen Trade Cooperation, Establish Logistics Hub in Suez Canal

President Prabowo Subianto held a bilateral meeting with Egyptian President Abdel Fattah el-Sisi at the Al Ittihadiya Presidential Palace in Cairo on Wednesday, December 18, local time.

International Cooperation

Indonesia Rolls Out USD 51.65 Bn Stimulus Package Ahead of VAT Increase

The Indonesian government has unveiled an economic stimulus package worth IDR 827 trillion (USD 51.65 billion) to ease the impact of the VAT increase from 11% to 12%, set to take effect on January 1,

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