Business News
IPA Convex Emphasises Vital Role of Oil and Gas Industry in Ensuring National Energy Security
The Indonesian Petroleum Association (IPA) underscores the vital function of the oil and gas industry in delivering cost-effective energy solutions and propelling national economic growth. IPA President Carole J Gall stated that the upstream oil and gas industry is a key component in ensuring national energy security and plays an…
Kearney Survey: Investment Value Exceeds USD 13.6 Billion, with Indonesia Being Recognised by Global Investors
Kearney's Global Business Policy Council has released the Foreign Direct Investment (FDI) Confidence Index 2025, providing insights into investor sentiment regarding foreign direct investment (FDI) flows over the next three years. Indonesia was ranked 12th in the top 15 Emerging Market Index. Investors highlighted several key reasons for investing in…
Indonesia's Trade Balance Projection: In April 2025, Surplus Drops to USD 2.7 Billion
In April 2025, Indonesia's trade balance is projected to return to surplus, although the value will decrease. This indicates that the trend of Indonesia's trade balance surplus will endure for 60 consecutive months. Bloomberg's consensus of 16 economists projects the median value of the trade balance surplus in April 2025…
As of 17 May 2025, the CPO Export Levy Will Increase To 10%
The Minister of Finance's Regulation No. 30 of 2025 concerning the Service Tariffs of the General Service Agency for Plantation Fund Management at the Ministry of Finance stipulates the adjustment of the crude palm oil export levy rate to 10%, an increase from the previous rate of 7.5%. This regulation…
