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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Topic

Publication Date

Indonesia’s textile industry requires regeneration, innovation

The COVID-19 pandemic, followed by Russia's invasion of Ukraine, has had a detrimental impact on Indonesia's already ailing textile industry. The sector was already facing difficulties as it had to

This Week’s Headlines (15 - 21 July 2023)

Business-Indonesia This Week's Headlines Issue #80

This Week's Headlines

Indonesia Records 38 Straight Months of Trade Surpluses

Indonesia’s Statistics Agency (BPS) recorded a trade surplus of US$3.45 billion (Rp 51.6 trillion) in June 2023, extending Indonesia’s positive balance in international trade that has lasted since

20 Jul 2023

Economy

Trade

This Week’s Headline (8 - 14 July 2023)

Business-Indonesia This Week’s Headline Issue #79

Indonesia pushes onwards on implementation of MLFF Toll Road System

Indonesia remains on course for the implementation of a Multi Lane Free Flow (MLFF) non-stop toll system with partnering Hungarian company Roatex Ltd. Zrt, which has claimed that it has realized more

12 Jul 2023

Infrastructure

Investment

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