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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PLN Launches 21 Green Hydrogen Plants; Highest in Southeast Asia

Indonesian-owned electricity giant PT PLN inaugurated 21 Green Hydrogen Plants (GHP) spread across the archipelago at the Tanjung Priok Steam Gas Power Plant (PLTGU), Jakarta on Monday, November 20

Energy Transition

Hydrogen in Indonesia

This Week’s Headlines (Nov 11 - 17, 2023)

Business-Indonesia This Week’s Headlines Issue #96

Electric Vehicles

Energy Transition

Indonesia, US to elevate partnership status, economic cooperation

Indonesian President Joko Widodo met with US President Joe Biden at the White House in Washington, D.C., on Monday, November 13, 2023. During the meeting, both leaders agreed to elevate the countries'

15 Nov 2023

International Cooperation

This Week’s Headlines (November 4 - 10, 2023)

Business-Indonesia This Week's Headlines Issue #95

Indonesia’s GDP grew 4.94% in third quarter of 2023

Indonesia's economy from July to September 2023 posted a 4.94% growth compared to the same quarter last year (y-to-y)

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