Business News

Coordinating Minister Airlangga and U.S. Ambassador Kamala S. Lakhdhir Discuss Tariff Issues, Both Countries Commit to Constructive Economic Cooperation

Coordinating Minister for Economic Affairs Airlangga Hartarto met with U.S. Ambassador to Indonesia, H.E. Kamala S. Lakhdhir, on April 8 to discuss the U.S. government’s decision to impose a 32% reciprocal tariff on Indonesian products, effective April 9, 2025. The meeting focused on strategies to strengthen trade and investment ties…

North Sulawesi Governor Says Optimizing Natural Resource Management Drives Economic Growth

The Governor of North Sulawesi, Yulius Selvanus, stated that optimizing the management of natural resources (SDA) can drive regional economic growth. "In addition to natural resources, other factors that need to be optimized include human resources and government policies," Governor Yulius said in Manado on Wednesday. He explained that the…

MIND ID Prepares to Expand Mineral Exports Following US Import Tariff Increase

The recent announcement of import tariffs in the US has had an impact on the MIND ID Group as it prepares to expand its mineral exports. The minerals that MIND ID Group trades in (including copper, gold, nickel, tin, aluminium and coal) represent a relatively small percentage of the US…

The Price Officially Increased! Biodiesel Price Reaches IDR 14,290/litre, Effective from April

The Ministry of Energy and Mineral Resources (ESDM) has set the Market Index Price (HIP) of biodiesel in April 2025 at IDR 14,290 per litre. In comparison, the HIP stood at IDR 13,929 per litre in March 2025. This represents an increase in the HIP from March to April. The…
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