News | Business-Indonesia

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
This Week's Headlines (May 9-15, 2026)

This week: Chinese firms warn Indonesia's nickel quotas, tax hikes threaten investment, government postpones mining royalty hike, and Indonesia paves way for global financial hub in bali.

15 May 2026
Bond Stabilization Fund Ready as Rupiah Reaches IDR 17,500, Finance Minister Says

Finance Minister Purbaya Yudhi Sadewa is preparing intervention measures in the bond market through the Bond Stabilization Fund (BSF) instrument in response to the rupiah’s sharp depreciation.

12 May 2026
Indonesia to Increase Electric Vehicle Incentive Quota

Finance Minister Purbaya Yudhi Sadewa stated that the government will accelerate the provision of subsidies for electric vehicles. The state treasurer said President Prabowo Subianto had instructed

07 May 2026
Indonesia Tightens Dollar Purchase Rules as Rupiah Hits Record Low

Bank Indonesia (BI) is preparing to tighten rules on United States dollar purchases after the rupiah weakened to a record low of around IDR 17,443–IDR 17,446 per USD 1 on Tuesday, 5 May 2026.

06 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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Indonesia has massive potential in green housing and data centers

The need for green buildings has increasingly become a defined priority worldwide. According to the Paris-based International Energy Agency, the operations of buildings account for 30% of global

This Week's Headlines (Apr. 20 – 26, 2024)

Business-Indonesia This Week's Headlines Issue #117

Electric Vehicles

Indonesia’s March trade surplus hits 13-month high

Indonesia’s March trade surplus soared to a 13-month high of US$4.47 billion, fueled by robust export and a decline in imports, as per the latest data from the Indonesian Statistic Agency (BPS) releas

Export & Import

This Week’s Headlines (Apr. 13–19, 2024)

Business-Indonesia This Week’s Headlines Issue #116

Digital Economy

Indonesia's recycling industry is set up for a big boost

Earlier this year, in January, at a dialogue event on waste management held by the Ministry of National Development Planning (Bappenas), Vivi Yulaswasti, Deputy for Maritime and Natural Resources at

Waste Management

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