Business News
Indonesia and UK Strengthen Economic and Investment Cooperation
Coordinating Minister for Economic Affairs Airlangga Hartarto recently met with UK Ambassador Dominic Jermey to deepen bilateral relations following President Prabowo Subianto’s visit to the UK in November 2024. The meeting reaffirmed both countries’ commitment to open and sustainable economic cooperation, particularly in addressing rising global protectionism and supply chain…
Indonesia Joins BRICS, Boosts Opportunities in Manufacturing and Digital Industry
As of January 2025, Indonesia officially became the 10th member of BRICS, joining Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE. According to Minister of Industry Agus Gumiwang Kartasasmita, Indonesia’s entry into this economic bloc marks a strategic move to accelerate national industrial transformation, particularly in…
Finance Minister Sets 5.8% Economic Growth Target for 2026
Indonesia’s Finance Minister Sri Mulyani Indrawati has set an ambitious economic growth target of 5.2% to 5.8% for 2026, as outlined in the Macroeconomic Framework and Fiscal Policy Priorities (KEM-PPKF). This goal is part of a broader strategy to reach 8% growth in the coming years, aligning with the nation’s…
A Leading Italian Oil and Gas Company Plans to Drill 10 Wells in Indonesia Commencing in July
On 20 May 2025, at the 49th IPA Convention and Exhibition at ICE BSD, Tangerang, Roberto Daniels, the Managing Director of Eni Muara Bakau BV, stated that Indonesia is the primary country in the company's investment portfolio. Over the next five years, Eni plans to drill approximately 10 wells, with…
