Russia Ready to Boost Oil Supplies to Indonesia, Putin Tells Prabowo
Putin tells Prabowo that Russia is ready to ramp up oil and LNG supplies to Indonesia.
Business
Indonesia’s Bumi Resources to Acquire Australian Gold and Copper Miner Wolfram Limited
The acquisition is Bumi's strategic move to expand into critical minerals amid growing global demand for green energy transition metals.
Business
Morowali Industrial Park Pledges Reforms After Environmental Warning from Minister
Despite the setback, Dedy stressed that IMIP uses advanced technology to reduce emissions from its nickel smelters.
Business
Russia's Economy Minister Says the Country Is on 'The Brink of Recession'
High defense spending has propelled growth and kept unemployment low in Russia despite fueling inflation.
Business
Indonesia’s Biggest Solar Panel Factory Begins Operation in Kendal SEZ
Indonesia opens its largest solar panel factory in Kendal SEZ to drive renewable energy, backed by Trina Solar and Sinarmas Group.
Business
Indonesia Drops 13 Places in IMD's Global Competitiveness Ranking
Indonesia slips 13 places to 40th in the 2025 World Competitiveness Ranking, falling behind Malaysia amid infrastructure and policy gaps.
Business
PLN Posts $33b Revenue in 2024, But Profit Drops 19.5%
PLN booked Rp545.4t in revenue for 2024, up 11.9% from last year, while net profit dropped 19.5% to Rp17.76t
Business
Minister Defends Controversial Mini-Home Design, Says No Final Decision Made
The proposed design calls for subsidized homes as small as 18 square meters of building space on 25 square meters of land.
Business
Bank Indonesia Holds Benchmark Rate at 5.5 Pct
Bank Indonesia keeps key rate at 5.5%, citing stable inflation and rupiah.
Business
Danantara Redefines How Indonesia Funds SOEs
Danantara reshapes SOE funding by reinvesting Rp150t in dividends into strategic projects, ending reliance on direct state budget support.
Business
Trump’s Tariffs Trigger Sharp Drop in Japan’s US Auto Shipments
Japan logs $4.4B trade deficit in May as US auto tariffs imposed by Trump slash car exports by nearly 25%, deepening economic strain.
Business
Indonesia, Pertamina on Alert as Iran-Israel Conflict Drives Up Oil Prices
Indonesia braces for economic fallout as the Iran-Israel war pushes oil prices higher; Pertamina ramps up monitoring of supply routes.
Business
Indonesia’s Government Debt Jumps 164% to $21b in 5 Months
Indonesia’s government debt hits Rp 349.3T in Jan–May 2025, up 164% YoY, signaling mounting fiscal pressure despite surplus claims.
Business
Iran Wants Indonesia to Boycott Israeli Goods as War Rages On
Iran says Muslim nations like Indonesia must not stop at declarations, but also to exert economic pressure on Israel.
Business
Danantara, INA Invest in Chandra Asri's $800m Chemical Plant
Danantara, INA, and Chandra Asri invest $800M in CA-EDC plant to slash imports, boost exports, and strengthen Indonesia's industrial base.
Business
Prabowo Says Danantara Copies Singapore’s $303 Billion Temasek ‘With Pride’
Prabowo admits to having copied Singapore’s Temasek while hoping to strike a Danantara deal.
Business
BCA Reports Rp 25 Trillion in Net Profit Through May 2025, Driven by Dividends and Cost Efficiency
Even without factoring in dividends, BCA’s net profit still posted a solid 10.12 percent year-on-year increase.
Business
Indonesia Lifts Quota on Live Cattle Imports to Boost Meat and Dairy Supply
Indonesia plans to import up to 2 million live cattle over the next five years, including 1.2 million dedicated to dairy production.
Business
Qatar’s Barzan Doubts ‘Big Market’ Indonesia Will Put Brake on Its Defense Investment
According to Barzan Holdings, Indonesia's defense investment will remain unaffected by economic hurdles.
Business
Indonesia Says Domestic Output Can Cushion Oil Price Shock After Israeli Strike on Iran
Indonesia says rising domestic oil output helps cushion global shock after Israel’s strike on Iran sends crude prices surging over 7%.
BusinessMost Popular
