Business News
Indonesia Offers 108 Untapped Oil and Gas Basins to Global Investors
Indonesia is accelerating its energy growth agenda by offering 108 untapped oil and gas basins to both domestic and international investors, aiming to substantially boost national production by 2029. Deputy Minister of Energy and Mineral Resources Yuliot Tanjung emphasized that out of 128 identified hydrocarbon basins, only 20 have been…
Three Eastern-Indonesian Provinces Form a New Economic Power
Regional, multi-sector cooperation among island provinces in Eastern Indonesia continues to be strengthened, involving Bali, Nusa Tenggara Barat (NTB), and Nusa Tenggara Timur (NTT). Following an initial agreement in Bali, a memorandum of understanding (MoU) was signed in NTB. The agreement targets five priority areas with major potential: tourism, energy, connectivity,…
Agriculture Sector’s GDP Contribution in 2025 Becomes Highest in Six Years
In 2025, the agricultural sector’s share of Indonesia’s Gross Domestic Product (GDP) reached 14.35 percent — marking its highest contribution in the past six years. This level makes agriculture the second-largest contributor to the national economy, underlining the growing importance of farming and related activities to Indonesia’s economic stability. The…
Africa Region as a Market for Indonesia’s Palm Oil Exports
The African region has long known and used oil palm oil, both as cooking oil and for other needs. Palm oil remains the most consumed vegetable oil in many African countries, reflecting deep-rooted consumption patterns in the region. To meet domestic demand, many African countries import palm oil, especially from…
