Business News
The Tangible Benefits of the Belt and Road Summit for Indonesia
On 10-11 September 2025, the 10th Belt and Road Summit took place at the Hong Kong Convention and Exhibition Centre. This year's event featured more than 660 exhibitors and thousands of business meetings, reaffirming Hong Kong's position as a key player in the global market. With its global network of…
Six New Special Economic Zones Ready for Launch, Including a Halal Special Economic Zone
In the near future, six new Special Economic Zones are to be inaugurated, according to the Coordinating Ministry for Economic Affairs. The total investment target for the six Special Economic Zones is IDR 1,089.84 trillion. Furthermore, the development of these six Special Economic Zones (Kawasan Ekonomi Khusus/KEK) is expected to…
Indonesia Energy Announces Start of Operations on First of Two New Wells to Be Drilled at Kruh Block
Indonesia Energy Corporation (IEC), which trades on the NYSE American under the ticker INDO, announced on September 9, 2025, that it has initiated operations on the first of two planned wells at its 63,000-acre Kruh Block. The company's president, Frank Ingriselli, made this announcement during his presentation at the 27th…
Village-Led ‘BISA Export’ Program Ready to Become Indonesia’s Export Locomotive
On September 9, 2025, Indonesia’s Trade Minister, Budi Santoso, launched the Village-Led “BISA Export” Program—short for Berani Inovasi, Siap Adaptasi (“Dare to Innovate, Ready to Adapt”)—in Jembrana, Bali. This initiative unites public and private sectors—namely the Ministries of Trade, Village Development & Disadvantaged Areas, Agriculture, Indonesia Eximbank (LPEI), Astra, and…
