The Indonesian Central Bank (BI) reported that Indonesia's international investment position net liabilities throughout 2024 decreased compared to previous years, driven by an increase in foreign financial assets (AFLN) which was higher than foreign financial liabilities (KFLN).
The Ministry of Environment has confirmed that it will close three final waste processing sites (TPA) − Rate in Ende Regency, Aek Nabobar in Central Tapanuli Regency and Degayu in Pekalongan City − for their significant contribution to environmental pollution.
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Indonesian President Prabowo Subianto and Secretary General of the Central Committee of the Communist Party of Vietnam (CPV) Tô Lâm have agreed to upgrade bilateral Indonesia-Vienam relations to a Comprehensive Strategic Partnership.
Mining company PT Bumi Resources Minerals (BRMS), through its subsidiary PT Citra Palu Minerals (CPM), has appointed Macmahon Indonesia as the underground mining contractor for its Poboya Gold Project in Palu, Central Sulawesi.
Justice, Peace, and Integrity of Creation (JPIC) SVD Ende and civil society organizations have opposed the geothermal energy project in Sokoria and Mataloko, Flores, East Nusa Tenggara due to concerns over environmental destruction, forced land acquisition, and military involvement.
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
Minister of Agriculture, Amran Sulaiman, has revealed of Rp802.58 trillion (US$49 billion) investment opportunity in the food downstreaming program for 11 commodities, with initial project focusing on developing seven commodities of around Rp406 trillion investment.
Tunas Sawa Erma (TSE) Group, a company engaged in the palm oil sector, is building the first biogas plant in South Papua as part of an effort to reduce carbon emissions and support the green energy transition.
Indonesia is positioning itself as a leader in Carbon Capture and Storage (CCS) technology, with strong regulatory support and growing industry collaboration, an energy expert says.
Indonesia has the potential to lead in Carbon Capture and Storage (CCS) technology in the Asia-Pacific region, with significant geological advantage of having an estimated storage capacity of up to 603 gigatons of carbon dioxide beneath its surface, an Expert says.
The government will soon execute 21 strategic projects on energy, agriculture, fisheries, and forestry sectors down streaming with an investment value of US$40 billion through funds to be provided by the Daya Anagata Nusantara Investment Management Agency (BPI Danantara).
The government plans to carry out a coal gasification project into dimethyl ether (DME) in three different locations in Sumatra and Kalimantan with the potential funding by the Daya Anagata Nusantara Investment Management Agency (BPI Danantara).
President Director of PT Bakrie & Brothers and President Commissioner of PT VKTR Teknologi Mobilitas, Anindya Novyan Bakrie, said that Bakrie Group is considering carrying out a buyback or repurchase of a number of company shares that have been released to the public.
The Indonesian Chamber of Commerce and Industry (Kadin) reveals four challenges of green energy investment in Indonesia that must be addressed immediately so as not to hinder the acceleration of energy transition in the country.
Uncovers the dynamics of state-owned enterprises and corporate giants with a vibrant and insightful approach, making the corporate world both fascinating and accessible.
Mining company PT Bumi Resources Minerals (BRMS), through its subsidiary PT Citra Palu Minerals (CPM), has appointed Macmahon Indonesia as the underground mining contractor for its Poboya Gold Project in Palu, Central Sulawesi.
A new airline, PT Indonesia Airlines Group (INA), a subsidiary of Calypte Holding Pte. Ltd., will soon start operating in Indonesia, with base at the Soekarno-Hatta Airport, Tangerang, Banten, and only serving international flights.
PT Semen Baturaja (SMBR), a subsidiary of State-owned cement producer PT Semen Indonesia, supports the transition to New Renewable Energy (EBT) through the utilization of Alternative Fuel & Raw Material (AFR), a measure taken to reduce industrial waste while increasing energy efficiency in cement production.
Thousands of workers are set to launch a series of protests in front of PT Sritex factory in Sukoharjo, Central Java, and the MInistry of Manpower in Jakarta from March 10 to March 15, 2025, as a show of solidarity for Sritex workers who were laid off in what is claimed to be illegal termination.
Tunas Sawa Erma (TSE) Group, a company engaged in the palm oil sector, is building the first biogas plant in South Papua as part of an effort to reduce carbon emissions and support the green energy transition.
The Ministry of Manpower says that former workers of textile company PT Sri Rejeki Isman (Sritex) have the opportunity to return back to work at the same company, but has yet to decide on which of the company’s factories that are ready to accommodate them.
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.
State-owned bank PT Bank Negara Indonesia (BNI) signed a strategic cooperation with the state-owned infrastructure financing company PT Sarana Multi Infrastruktur (SMI) through a repurchase agreement (Repo) transaction worth Rp550 billion (US$33.6 million) on Tuesday, March 4, 2025.
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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.
Deep dives into hidden truths, exposing the scandals and secrets that shake the foundations of business and governance.
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.
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.
Former President Joko “Jokowi” Widodo has revealed his political plans for the future, including the possibility of establishing a political party that is very open to everyone.
Mohammed Ali Berawi, Deputy for Green and Digital Transformation at the Nusantara Capital City (IKN) Authority has tendered his resignation from his position, which he had held since October 13, 2022.
President Prabowo Subianto has hinted at the attitude of bureaucrats who oppose the budget efficiency policy of the government, likening them to “little kings” who feel immune to the law and therefore to oppose the head of state's directives.
Powerful insights into the key political players pulling the strings behind government decisions and shaping the nation's future.
President Prabowo Subianto summoned a number of conglomerates to the Presidential Palace in Jakarta for a meeting on Friday, March 7, 2025, discussing investment potential with entrepreneurs to government programs.
Malaysian plastic packaging manufacturers, Thong Guan Industries Bhd., has confirmed its US$ 7 million (Rp115 billion) commitment to invest in the Batang Integrated Industrial Estate (KIT Batang) in Central Java, Indonesia.
French multinational mining and metallurgy company, Eramet, has interest in supporting Indonesia’s Electric Vehicle (EV) battery ecosystem development and downstreaming processing.
Revision of the Forestry Law has been included in the 2025 Priority National Legislation Program (Prolegnas) and the main agenda for discussion in Commission IV of the House of Representatives (DPR), with focus on strenthening green energy campaigns and indigeneous peoples’ rights.
The Indonesian Ministry of Industry has secured a beneficial agreement with Apple following negotiations on the company's investment commitments for the 2023-2029 period.
The House of Representatives (DPR) passed the Fourth Amendment to Law No. 4/2009 on Mineral and Coal Mining (Minerba) into law during the 13th plenary session of the second legislative hearing period on Tuesday, February 18, 2025.
The Legislation Body of the House of Representatives (Baleg) has planned to ratify the Draft Revision of Law No. 4/2009 on Minerals and Coal (UU Minerba) next week.
Minister of Investment and Downstream/Head of the Investment Coordinating Board, Rosan P. Roeslani, renews the Indonesian government’s commitment to achieve 8-percent economic growth by 2029 driven by investment and industrial transformation.
Explore the global forces shaking the world and their ripple effects on Indonesia’s destiny.
Indonesian President Prabowo Subianto and Secretary General of the Central Committee of the Communist Party of Vietnam (CPV) Tô Lâm have agreed to upgrade bilateral Indonesia-Vienam relations to a Comprehensive Strategic Partnership.
British Ambassador to Indonesia, Dominic Jermey, has emphasized the United Kingdom's (UK) commitment in strengthening strategic relations with Indonesia, marking the year 2025 as an important moment for Indonesia and the UK in building a stronger foundation for cooperation.
In the intricate world of global geopolitics and geostrategy, few meetings carry the weight of the recent encounter between President Volodymyr Zelensky of Ukraine and U.S. President Donald J. Trump. The high-stake meeting held at the White House on Febrary 28, 2025 unveiled the complex interplay of energy strategy, diplomacy, and national security that shapes our contemporary world.
Indonesia’s foreign policy after the first 100 days of the Prabowo Subianto administration has become a widely discussed issue. As a country that upholds bebas aktif (independent and active) foreign policy, Indonesia is expected to play a strategic role in various global issues, including peace on the Korean Peninsula and North Korea's denuclearization efforts.[1] Unlike the previous administration of President Joko “Jokowi” Widodo, Prabowo’s military background, along with his distinct experience and ambitions, could exert an influence on Indonesia’s approach to security diplomacy and regional stability.
Coordinating Minister for the Economy, Airlangga Hartarto, held a meeting on February 21, 2025 with Tadashi Maeda, Chairman of the Japan Bank for International Cooperation (JBIC) and Takio Yamada, Japanese Ambassador for the promotion of the Asia Zero Emission Community (AZEC), discussing Japan-Indonesia cooperations on energy transition and green economy.
The Indonesian Ministry of Energy and Mineral Resources (ESDM) is collaborating with the Northern Territory (NT) of Australia in strengthening the supply chain of critical and strategic minerals.
A delegation of 35 French companies, represented by the French Business Confederation (MEDEF International), met with Indonesin Minister of Investment and Downstream Industry, Rosan Perkasa Roeslani, in Jakarta on Tuesday, February 18, 2025 to explore investment opportunities in three key sectors: renewable energy, infrastructure, and decarbonization.
Navy Chief of Staff Admiral Muhammad Ali inaugurated the Multilateral Naval Exercise Komodo (MNEK) 2025 Monument at Benoa Harbor, Bali, on Tuesday, February 18, 2025.
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.
A glimpse into the minds of visionary leaders driving corporate giants and redefining success.
Immersive storytelling and conversations that bring the most critical topics to life through multimedia experiences.
Step into the shadowy world of cyber threats, espionage, and national security in the digital age.
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).
The Indonesian Internet Service Providers Association (APJII) and Bersama Digital Data Center (BDDC) officially launched the Second Indonesia Internet Exchange Jakarta (IIX-JK2) at the newest data center facility, JST1 (Jakarta-South-East-1) in East Jakarta.
The integration of Artificial Intelligence (AI) and big data is considered an innovative geospatial system that can optimize natural resource management, while strengthening Indonesia's position in the global supply chain, a research by a team of Bina Nusantara University researchers reveals.
A chilling look into the underworld of corruption, illicit wealth, and shadow economies.
Investigators of the Corruption Eradication Commission (KPK) searched the house of former West Java Governor Ridwan Kamil (RK) in Bandung, West Java, on Monday, March 10, 2025.
The Indonesian Environmental Forum (WALHI) has reported 47 cases of mining deforestation to the Attorney General's Office (AGO), with potential State losses reaching hundreds of trillions.
Attorney General ST Burhanuddin has hinted at the possibility of charging suspects in the mismanagement of crude oil and refinery products at State energy company PT Pertamina, its subholdings and contractors (KKKS) in the period of 2018-2023.
Attorney General Sanitiar Burhanuddin has emphasized that Pertamina's products in circulation meet specifications, a stark contrast to the findings by current corruption investigation into an alleged mismanagement of crude oil and refinery products at the State energy company, its subholdings and contractors during the 2018-2023 period.
Unravel the intricate threads of justice, societal transformation, and cultural narratives shaping Indonesian society.
Justice, Peace, and Integrity of Creation (JPIC) SVD Ende and civil society organizations have opposed the geothermal energy project in Sokoria and Mataloko, Flores, East Nusa Tenggara due to concerns over environmental destruction, forced land acquisition, and military involvement.
Amnesty International’s Secretary-General, Agnes Callamard, was in Indonesia from March 4-7, 2025 as part of a global campaign against the increasing trend of authoritarianism, which she noted is becoming more evident in Indonesia.
Indonesia is positioning itself as a leader in Carbon Capture and Storage (CCS) technology, with strong regulatory support and growing industry collaboration, an energy expert says.
Escape into the world of indulgence, from serene getaways to the cultural riches that refresh the soul.
Indonesia's government debt has continued to increase significantly on both a monthly and yearly basis, primarily driven by the issuance of government securities (SBN), especially domestic SBN.
Yuriy Ushakov, Russian Presidential Aide, said on Monday, December 23, 2024 that Indonesia and eight other countries officially have the status of BRICS (Brazil, Russia, India, China, South Africa) partner countries.
Lieutenant General (Ret.) Muhammad Herindra is the Indonesian Deputy Minister of Defense. He graduated from the Military Academy in Magelang, and later graduated from The Military College of Vermont-Norwich University USA, and the National Defense University USA. He is also the recipient of many accolades including the prestigious Bintang Yudha Dharma (Grand Meritorious Military Order Star). Herindra recently opened up to Indonesia Business Post about his deepest thoughts regarding his duty and how his experience in the field has shaped his personality and leadership style.
Oil and gas mining company PT Medco Energi Internasional Tbk has prepared US$150 million in capital expenditure (Capex) to develop the South Natuna Sea Block B Production Sharing Contract (PSC).
