News | Business-Indonesia

Prabowo Inaugurates USD 7.4 Bn Balikpapan Refinery Upgrade

President Prabowo Subianto inaugurated the Refinery Development Master Plan (RDMP) Balikpapan project in East Kalimantan on January 12. The project represents a major modernization of Refinery Unit

13 Jan 2026
This Week’s Headlines (Jan. 3 – Jan. 9, 2026)

Indonesia cuts coal output plans, extends income tax relief for workers, and Unilever divests SariWangi in IDR 1.5 trillion deal in This Week’s Headlines.

09 Jan 2026
Prabowo Targets Seizure of 4-5 Million Hectares of Illegal Oil Palm and Mining Land

President Prabowo Subianto plans to seize four to five million hectares (ha) of illegal land in 2026. The illegal land targeted for seizure includes palm oil plantations and illegal mining areas.

08 Jan 2026
Indonesia to Boost Oil Production as US–Venezuela Tensions Raise Global Supply Concerns

Indonesia is moving to reinforce its oil supply security by increasing domestic crude production and expanding strategic reserves in response to rising global geopolitical risks following the capture

07 Jan 2026
Indonesia’s Economic Outlook 2026: Resilient, but Acceleration Elusive

Indonesia enters 2026 with an outlook defined more by stability than momentum. Economic growth is expected to remain around five percent, supported by domestic demand, policy continuity

18 Dec 2025
Global Risks Remain Elevated, BI Holds Interest Rate at 4.75%

Bank Indonesia (BI) has once again decided to keep its benchmark interest rate unchanged at 4.75% at the Board of Governors’ Meeting held on December 16–17, 2025. The deposit facility rate was also

18 Dec 2025
Govt: Coal Export Tax to Take Effect Starting January 2026

Finance Minister Purbaya Yudhi Sadewa stated that the government will impose an export duty or coal export tax ranging from 1% to 5% starting January 1, 2026.

16 Dec 2025

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Topic

Publication Date

Solar PV still has significant potential in Indonesia

In 2021, Indonesia has identified solar energy as a key resource for the nation, with the Ministry of Energy and Mineral Resources (MEMR) estimating a vast potential of 3,294 GW.

Energy Transition

Indonesia Prepares Incentives for Carbon Capture Projects

The government is gearing up to introduce implementingregulations to incentivize CCS projects, as confirmed by Mr. Tutuka Ariadji,

Energy Transition

Locally produced green hydrogen is the cheapest way to fuel cars in Indonesia, says state-owned power monopoly

Indonesia’s state-owned power giant PLN has said that locally produced green hydrogen is the cheapest transport fuel in the country — with a lower per-km cost than electrons for battery electric

Energy Transition

Hydrogen in Indonesia

This Week’s Headlines (Feb 17 - 23, 2024)

Business-Indonesia This Week's Headlines Issue #109

Electric Vehicles

International Cooperation

Green Hydrogen Supply to PLN HRS, PLTP Kamojang Becomes the First in Southeast Asia

Kamojang Geothermal Power Plant (PLTP) officially became the first geothermal-based green hydrogen producer in Southeast Asia. The green hydrogen plant (GHP) at this new renewable energy (EBT) plant

Energy Transition

Hydrogen in Indonesia

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