Business News

Indonesia Achieved Food Self-Sufficiency, Delaying Rice Import Plans Until 2026

Observers have noted that Indonesia has reached a stage of food self-sufficiency, with domestic production meeting domestic demand. The Centre for Reform on Economic (Core) Indonesia's agricultural observer, Eliza Mardian, stated that, according to the Food and Agriculture Organisation's definition, Indonesia is still considered to be self-sufficient in terms of…

Despite Indonesia Exporting Crude Oil to Singapore, Indonesia is still Importing Fuel Oil

The Republic of Indonesia is a net exporter of crude oil, with Singapore being one of its key partners in this regard. In addition, Singapore is a major source of fuel oil for Indonesia. According to data from the Indonesia-Statistics (BPS) for 2024, there has been an increase in Indonesian…

Bahlil Projects Renewable Energy Investment Opportunities to Reach IDR 2,967 Trillion

Minister of Energy and Mineral Resources Bahlil Lahadalia has stated that the implementation of the 2025-2034 Electricity Supply Business Plan (RUPTL) has the potential to generate significant investment opportunities, particularly in the renewable energy sector, with an estimated total investment opportunity of IDR 2,967.4 trillion. The renewable energy sector investment…

UKM-IKM Expo 2025: Golden Opportunity for Exports at SME Tower

The spirit of bringing local Indonesian products to the world market was echoed again through the UKM-IKM Trade Expo (UITE) 2025 which was held on 27-28th May 2025 at the SME Tower, Ministry of UMKM RI, Jakarta. The event, initiated by the Corporate Forum for CSR Development (CFCD) Jakarta Chapter,…
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