The Board of Governors Meeting of the Indonesian Central Bank (BI) on April 22-23, 2025 decided to maintain the benchmark interest rate (BI Rate) at 5.75 percent over consideration of increased uncertainty amidst U.S.-China trade tariffs war and threat of slowing global economic growth.
Indonesia’s recent negotiations with the United States are seen as a strategic move aimed at safeguarding national economic interests rather than signaling a geopolitical shift away from China, said Fithra Faisal Hastiadi, Chief Economist at Samuel Sekuritas Indonesia.
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JAK TV News Director, Tian Bahtiar (TB), has been named a suspect by the Attorney General's Office (AGO) for allegedly receiving money in return for producing and publishing negative news content about the AGO through social and online media platforms and JAK TV.
Minister of Housing and Settlement Areas (PKP) Maruarar Sirait has received private sector social responsibility (CSR) funds of around Rp400 billion (US$24 million) that will be used to build 1,750 new houses and renovate 3,500 houses under the government’s 3 million housing program.
A significant majority of Indonesian business executives − 88 percent − support transition from coal to renewable energy before 2035, according to a global survey conducted by Savanta on behalf of the We Mean Business Coalition, E3G, and Beyond Fossil Fuels.
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
In a push to meet Indonesia’s ambitious investment realization target of US$10.16 billion (Rp162.57 trillion) in Central Sulawesi this year, Deputy Minister of Investment and Downstreaming, Todotua Pasaribu, visited the Palu Special Economic Zone (SEZ) to review key industrial sites and hold high-level meetings with local government leaders.
Deputy Minister of Energy and Mineral Resources (ESDM), Yuliot Tanjung, inaugurated on Wednesday, April 16, 2025 the US$130 million Akatara Gas Processing Facilities (AGPF) project in Bram Itam Raya Village, West Tanjung Jabung Regency, Jambi Province.
State power utility company PT PLN has confirmed that it will open several funding sources for the construction of a geothermal power plant (PLTP) in Maluku, in accordance with the direction of the Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia.
The UNESCO Executive Board has officially designated Indonesia’s Kebumen and Meratus Geoparks as new UNESCO Global Geoparks (UGGs) during its 221st session held in Paris from April 2 to 17, 2025.
In stark contrast to the global decline in coal-fired power plant (CFPP) expansion, Indonesia has emerged as the third-largest country in terms of new coal capacity additions in 2024 − adding 1.9 gigawatts (GW), 80 percent of which comes from captive coal power plants dedicated to industrial use.
An analyst has questioned the feasibility of President Prabowo Subianto’s instruction to the National Energy Resilience and Downstream Task Force to revive coal gasification of dimethyl ether (DME) projects in Sumatra and Kalimantan, which is aimed at reducing Indonesia’s reliance on liquefied petroleum gas (LPG) imports is questionable.
The Ministry of Industry is optimistic that the country’s manufacturing sector will still attract investment early this year amidst reports of layoffs in the non-oil and gas processing industry.
Indonesia has potential in three sectors of manufacturing development in new renewable energy such as solar power plants (PLTS), wind power plants (PLTB) and battery storage systems with economic potential reaching US$551 billion (Rp9,146 trillion), says an energy expert.
Uncovers the dynamics of state-owned enterprises and corporate giants with a vibrant and insightful approach, making the corporate world both fascinating and accessible.
PT Bank SMBC Indonesia (SMBC Indonesia), a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC), has announced the new composition of the board of directors and board of commissioners at the Annual General Meeting of Shareholders (AGMS) held on Tuesday, April 22, 2025.
Astra Property, a subsidiary of Astra International engaged in commercial, residential and industrial properties, is formulating a special strategy to target the first-time homebuyer market segment, in line with the shifting trend of property consumer needs in Indonesia.
State energy company PT Pertamina and PT Pertamina Pedeve Indonesia as shareholders of PT Pelita Air Service have decided to confirm Dendy Kurniawan as President Director of Pelita Air for the second term.
State owned gas distribution company PT Perusahaan Gas Negara (PGN) has partnered with State mining company PT Bukit Asam (PTBA) to develop a Synthetic Natural Gas (SNG) project utilizing coal as feedstock, as part of a broader effort to diversify Indonesia’s energy supply and strengthen national energy resilience.
State power utility PT PLN has signed a collaboration agreement with the Ministry of Transportation, PT HDF Energy Indonesia, and PT ASDP Indonesia Ferry to conduct a joint study on the use of green hydrogen for the maritime transportation sector.
South Korean electric vehicle (EV) battery manufacturer LG and its consortium have withdrawn their planned investment in building an EV battery ecosystem in Indonesia.
Indonesian agricultural startup, Eratani, has secured US$6.2 million (Rp105 billion) in Series A funding led by Singapore-based investor Clay Capital.
Oil Spill Combat Team (OSCT) Indonesia participated as the main exhibitor at Interspill 2025, a prestigious international conference and exhibition in the field of oil spill response which took place on April 8–10, 2025 at ExCeL London, England.
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Unveil the stories of influential figures transforming Indonesia’s industries, economy, and political landscape.
Sofyan A. Djalil was born in 1953 in Aceh. Djalil is the Minister of Agrarian and Spatial Planning of Indonesia. He was a very persistent person at a young age to reach his goals, that persistence made him successful in studying at the University of Indonesia (UI). At UI, he studied Business Law and graduated in 1984. He then met his future wife, Dr. Ir. Ratna Megawangi, M.Sc. and has 3 children.
Siti Nurbaya Bakar was born in 1956 in Jakarta to Mochamad Bakar and Sri Banon. She is the current Minister of Environment and Forestry. Her father is a retired Betawi Police officer and his mother is from Lambung. Siti is married to Rusli Rachman and has two children: Meitra Mivida NR and Ananda Tohpati.
Sandiaga Salahuddin Uno was born in 1969 in Riau, Indonesia. Uno is the current Minister of Tourism and Creative Economy. During his childhood, he met with Erick Thohir and was in the same elementary school as a schoolmate. Sandiaga Uno was an undergraduate of Wichita State University in the United States, he graduated with a cum laude. He continued his university education in the United States at George Washington University in 1990 after receiving a paid scholarship from William Soerjadjaja and graduated with an MBA in 1992 and a GPA 4.00.
Wahyu Sakti Trenggono was born in Semarang in 1962, He is the current Minister of Maritime Affairs and Fisheries. Trenggono is a person who focuses on business development. He attended a bachelor's degree in Industrial Engineering at the Bandung Institute of Technology in 1986, after which he continued his Masters in Management at the Bandung Institute of Technology.
Mohammad Ridwan Kamil called Kang Emil or Ridwan was born in Bandung in 1971. Kamil is the Governor of West Java since 2018. He is the son of a husband and wife Dr. Atje Misbach, S. H. and Dra. Tjutju Sukaesih. Ridwan is the second of five children. Ridwan has a family, he is married to Atalia Praratya Kamil and has children Camillia Laetitia Azzahra and Emmiril Khan Mumtadz.
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The West Papua National Liberation Army (TPNPB) has claimed responsibility for the execution of 11 illegal gold miners in Yahukimo, Papua, while alleging the casualties as soldiers disguising themselves as gold miners in a mission to infiltrate their operational areas.
The Indonesian Ministry of Foreign Affairs’ Task Force for the Protection of Indonesian Citizens Abroad, in collaboration with the Indonesian Embassies in Bangkok and Yangon, evacuated 169 more Indonesian citizens from Myawaddy, Myanmar on Tuesday, March 18, 2025.
The Indonesian Coast Guard (Bakamla) intercepted an attempted smuggling of 60,000 baby lobsters in the waters near D Island, Thousands Island regency, Jakarta, on Tuesday, March 11, 2025.
The Attorney General's Office (AGO) has named seven individuals − four are top officials within PT Pertamina Group and the other three are business partners − as suspects in a corruption case related to mismanagement of crude oil and refinery products at the State energy company, its subholdings and contractors during the 2018-2023 period.
The National Police’s Directorate of General Crimes Investigation has raised the status of the 30-kilometer sea barrier case of Tangerang waters in Banten Province from preliminary investigation (penyelidikan) to comprehensive investigation (penyidikan) on Tuesday, February 4, 2025.
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
Spokesman of the Indonesian Democratic Party of Struggle (PDI-P), Mohamad Guntur Romli, says that the party has yet to decide on the date for its national congress, dismissing speculations that it will be postponed to a latter time.
Chairman of the National Mandate Party (PAN), Zulkifli Hasan, has announced that the party is open to the possibility of nominating a party cadre as a vice presidential candidate in the 2029 presidential-vice presidential election.
President Prabowo Subianto has inaugurated 31 Ambassadors at the State Palace in Jakarta, Monday, March 24, 2025.
The Indonesian government has appointed Maroef Syamsudin as the new CEO of state-owned mining holding company MIND ID, replacing Hendi Prio Santoso. Lawmakers and industry experts have emphasized that the decision falls entirely under the Ministry of State-Owned Enterprises (BUMN)'s authority.
The Indonesian Democratic Party of Struggle (PDI-P) has clarified that its cadres’ participation at the regional head retreat, which is currently underway at the National Military Academy in Magelang, Central Java, is still within the knowledge of party chair Megawati Soekarnoputri.
President Prabowo Subianto says that he will not run in the 2029 presidential election if he considers his performance disappointing and that he would feel ashamed if he is unable to carry out the people's mandate.
President Prabowo Subianto has appointed Minister of Housing and Residential Areas Maruarar Sirait as Chair of the Public Housing Savings Committee Program (Tapera).
Thousands of student protesters, united in a movement dubbed "Dark Indonesia", staged simultaneous rallies in Jakarta and a number of regions in the country on Monday, February 17, 2025, criticizing President Prabowo Subianto-Gibran Rakabuming Raka government’s populist policies, in particular budget efficiency and free nutritious meal (MBG) program.
Powerful insights into the key political players pulling the strings behind government decisions and shaping the nation's future.
Indonesia’s recent negotiations with the United States are seen as a strategic move aimed at safeguarding national economic interests rather than signaling a geopolitical shift away from China, said Fithra Faisal Hastiadi, Chief Economist at Samuel Sekuritas Indonesia.
In a historic move to enhance bilateral relations, Indonesia and China held their first-ever 2+2 Dialog in Beijin on Monday, April 21, 2025, involving foreign and defense ministers of both nations.
Coordinating Minister for the Economy, Airlangga Hartarto, has hinted at Indonesia's strategic approach to the recent increase in U.S. tariffs under President Donald Trump’s administration, citing measures to enhance agricultural imports from the U.S. to balance the trade deficit and strengthen bilateral relations.
Indonesia is preparing an official response to the United States' recent tariff hikes, with a focus on negotiations and strategic policy adjustments, Coordinating Minister for the Economy Airlangga Hartarto announced on Monday, April 7, 2025.
Foreign Minister Sugiono has expressed Indonesia’s interest in exploring potential cooperation opportunities in the dairy industry with Estonia.
Indonesian Foreign Minister Sugiono met with Russian Ambassador Sergei G. Tolchenov in Jakarta on March 27, 2025, discussing efforts to strengthen bilateral relations.
Indonesia and France have reaffirmed their commitment to strengthening bilateral relations ahead of French President Emmanuel Macron’s planned state visit to Indonesia in May.
A delegation of the Indonesian Ministry of Investment and Downstreaming went for an Australian tour on March 19-20, 2025 offering invesment opportunities and bilateral cooperation with business communities in Down Under.
Explore the global forces shaking the world and their ripple effects on Indonesia’s destiny.
The Board of Governors Meeting of the Indonesian Central Bank (BI) on April 22-23, 2025 decided to maintain the benchmark interest rate (BI Rate) at 5.75 percent over consideration of increased uncertainty amidst U.S.-China trade tariffs war and threat of slowing global economic growth.
Indonesia’s recent negotiations with the United States are seen as a strategic move aimed at safeguarding national economic interests rather than signaling a geopolitical shift away from China, said Fithra Faisal Hastiadi, Chief Economist at Samuel Sekuritas Indonesia.
Jakarta claims to have secured the green light from the Palestinian Government regarding President Prabowo Subianto's proposal to evacuate 1,000 Gaza Strip residents to Indonesia.
The government has affirmed its commitment to maintaining balanced trade relations with all international partners, including the United States and China.
The Indonesian Central Bank (BI) has expressed its readiness to cooperate with the United States in using the Quick Response Code Indonesian Standard (QRIS) digital payment system.
The supreme leader of the Catholic Church and Head of State of the Vatican, Pope Francis, passed away on Monday, April 21, 2025, at 07.35 local time in Vatican.
An Indonesian delegation led by Coordinating Minister for the Economy Airlangga Hartarto has met with United States Trade Representative Jamieson Greer and U.S. Secretary of Commerce Howard Lutnick in Washington D.C. to discuss tariff policy issues and strengthen bilateral economic partnerships.
The Ministry of Defense has dismissed an international media report that the Russian military would be present in Indonesia and make the Indonesian Air Force’s Manuhua Base in Biak, Papua as the location for its military aircraft headquarters.
The nation’s ability to manage and recover from challenges is evaluated through its strategies in food security, defense, and energy preparedness. This section assesses Indonesia’s effectiveness in tackling crises and ensuring national resilience.
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Step into the shadowy world of cyber threats, espionage, and national security in the digital age.
French Minister of Foreign Trade Laurent Saint-Martin met with Indonesian Minister of Communication and Digital Application Meutya Hafid on Wednesday, April 9, 2025, , discussing progress update of the National Data Center (PDN-1).
The Ministry of Communication and Digital Application (Komdigi) is reviewing cooperation in building a joint Artificial Intelligence (AI) center in ASEAN along with China, considered to be the largest in terms of cooperation in developing digital infrastructure.
Meutya V. Hafid, Minister of Communication and Digital Application (Komdigi), representing President Prabowo Subianto, is attending the Artificial Intelligence Action Summit (AIAS) Meeting in Paris, France on Monday, February 10-11, 2025.
Hacker Bjorka, who shook Indonesia in 2022 and 2023 when the nation had yet to completely free from the Covid 19 pandemic, now returns with an X account revealing that several private and state-owned banks in Indonesia, such as BCA, BNI, BSI, Bank Mandiri and the Central Bank (BI) will be the next targets of ransomware hacker groups.
The Indonesian and Indian governments have formalized cooperation in the digital sector through the signing of a Memorandum of Understanding (MoU) between the Indonesian Ministry of Communication and Digital (Komdigi) and the Indian Ministry of Electronics and Information Technology.
Minister of Communication and Digital Application (Komdigi) met with Head of the Special Investigation and Development Control Agency (BPPIK) on Thursday, January 9, 2025, discussing the eradication of online gambling, with focus on improving information technology (IT), IT governance, and improving human resources (HR).
A chilling look into the underworld of corruption, illicit wealth, and shadow economies.
JAK TV News Director, Tian Bahtiar (TB), has been named a suspect by the Attorney General's Office (AGO) for allegedly receiving money in return for producing and publishing negative news content about the AGO through social and online media platforms and JAK TV.
Minister of Agriculture Andi Amran Sulaiman has confirmed the legal process against an agricultural observer allegedly involved in a fictitious project that cost the state Rp5 billion (US$300,000).
The Indonesian government has decided to put illegal oil and gas operations under the supervision of State energy company PT Pertamina.
The Ministry of Energy and Mineral Resources (ESDM) has commended the swift action taken by the Specific Crimes Directorate at the National Police Headquarters in apprehending perpetrators involved in the illegal refilling of thousands of Liquefied Petroleum Gas (LPG) cylinders in Gianyar, Bali.
Unravel the intricate threads of justice, societal transformation, and cultural narratives shaping Indonesian society.
A significant majority of Indonesian business executives − 88 percent − support transition from coal to renewable energy before 2035, according to a global survey conducted by Savanta on behalf of the We Mean Business Coalition, E3G, and Beyond Fossil Fuels.
Amidst noisy narrative of green energy, clean energy transition, and booming nickel industry − the backbone of the world's electric vehicles − the Mining Advocacy Network (Jatam) continues to speak up from the margins.
The supreme leader of the Catholic Church and Head of State of the Vatican, Pope Francis, passed away on Monday, April 21, 2025, at 07.35 local time in Vatican.
Escape into the world of indulgence, from serene getaways to the cultural riches that refresh the soul.
State-owned construction company PT Waskita Karya has set its sights on completing seven projects in the Nusantara Capital City (IKN) by the first semester of 2024.
East China-based Tongkun Group and Xinfengming Group are seeking Beijing's approval to construct a US$10 billion refinery and petrochemical complex in North Kalimantan Province in Indonesia.
The government is promoting the development of carbon capture and storage (CCS) hubs to reduce the investment costs of CCS facilities domestically.
PLN Nusantara Power (PLN NP), a subsidiary of State electricity company PT PLN, recorded electricity production of 66.8 million mega watt hours (MWh) in 2023 or grew 291 percent compared to the 2022 realization of 17 million MWh following plant optimization measures taken throughout last year.
