Business News
Coordinating Minister Airlangga Reaffirms Government’s Commitment to Attract High-Quality Investment
At a joint investment promotion event held in Singapore on November 18, 2025, Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, emphasized the government's strong commitment to attracting “high-quality” foreign investment. The focus is on strategic collaboration with Singapore, especially in the Batam, Bintan, and Karimun (BBK) Free Trade Zone,…
Indonesia to Start Crude Oil Imports from the United States by the End of 2025
The Indonesian government has confirmed that starting in December 2025, it will significantly increase its crude oil imports from the United States. This move is part of a broader strategy tied to reciprocal tariff negotiations with the U.S., according to Energy and Mineral Resources Minister Bahlil Lahadalia. While Indonesia has…
Government Encourages Down-streaming of Mineral Resources to Enhance National Competitiveness
The government is emphasising the importance of strengthening research and downstream processing of mineral resources as foundational to improving national competitiveness. With the global shift toward new energy and sustainability, minerals take on strategic roles in the economy—from raw material supply to jobs creation and technological development—so Indonesia must enhance…
Release of gambir exports to India
The Indonesian Minister of Trade, Budi Santoso, alongside West Sumatra Governor Mahyeldi, officially released a shipment of gambir (a plant extract) for export to India at the Governor’s Palace in Padang. The exporter, PT Salimbado Jaya Indonesia, is sending 27 tons of gambir, valued at USD 102,600, to the Indian…
