Business News
Collaboration Becomes the Key! Indonesia Invites Global Investors to Develop Oil and Gas and Pursue Net Zero Emissions
Indonesia is actively encouraging global investors to collaborate in developing the country’s oil and gas (migas) sector while simultaneously pursuing its ambitious Net Zero Emission (NZE) target by 2060. Industry groups like ASPERMIGAS aching 1 million barrels of oil per day by 2030, positioning this target as a critical step…
CPO, Steel, and Coal Remain Indonesia's Leading Export Commodities in 2025
As of mid-2025, Indonesia's top non-oil and gas export commodities include crude palm oil (CPO) and its derivatives, steel, and coal. According to the Central Statistics Agency (BPS), these three commodities collectively accounted for nearly 29% of the country's total non-oil and gas exports between January and May 2025. CPO…
Minister of Home Affairs Appreciates Riau Islands' Ability to Capture Singapore's Export Market
Minister of Home Affairs Tito Karnavian has commended the Riau Islands (Kepri) province for successfully tapping into Singapore's export market, particularly in the food sector. He highlighted that Singapore's demand for chicken and hydroponic products has been substantial, especially as Johor, Malaysia—formerly a primary supplier—now prioritises domestic needs. Tito encouraged…
Component Industry Boosts Export Market to Sustain
Indonesia's automotive component industry is facing significant challenges due to sluggish domestic vehicle sales and the influx of imported electric vehicles (EVs), leading to potential layoffs. To navigate these difficulties, the Indonesian Automotive Parts and Components Industry Association (GIAMM) is encouraging local manufacturers to expand their export markets. While domestic…
