Business and Investment
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Indonesia reaffirms commitment to strengthen economic ties with Latin American and Caribbean region
Indonesia reaffirmed its commitment to strengthening economic ties with the Latin American and Caribbean (Amlatkar) region through the Indonesia-Latin America and the Caribbean (INA-LAC) Business Mission 2025 held in São Paulo, Brazil, on September 22–23, 2025.
Crypto asset oversight switched to OJK, Bappebti focuses on commodity-based Futures trading
The Commodity Futures Trading Regulatory Agency (Bappebti) is set to focus on its core function after its tasks of regulation and supervision of digital financial assets, including cryptocurrency and financial derivatives, have officially been transferred from the agency to the Financial Services Authority (OJK) and the Indonesian Central Bank (BI).
Concerns raised over government plan to shift US$13.2 B to Himbara for fossil fuel financing
A proposal by the government, led by Finance Minister Purbaya Yudhi Sadewa, to move Rp200 trillion (US$13.2 billion) from the state’s reserves held by the Indonesian Central Bank (BI) to the State-Owned Banks Association (Himbara) has sparked concern among economic experts and environmental advocates.
BGN defends food tray imports amid criticism from lawmakers
The National Nutrition Agency (BGN) defended its decision to import food trays for the government’s free nutritious meal (MBG) program, saying domestic producers are unable to meet the demand of up to 80–89 million trays by the end of this year.
Massive protests carry significant economic opportunity costs, Expert warns
Mass demonstrations inevitably impose opportunity costs on the economy, ranging from lost work hours to disrupted logistics and delayed daily transactions, according to Syafruddin Karimi of the Department of Economics, Andalas University.
Saudi distributor signs commitment for Indonesian processed food products
Saudi Arabian distributor Mohammed Bawazir for Trading Co., Ltd (MBT) has signed a Letter of Intent (LoI) to purchase US$60 million (Rp 975.85 billion) of Indonesian processed foods, initially focusing on ready-to-drink coffee, biscuits, and canned tuna, with potential expansion to other Indonesian products.
Investment ministry backs digital finance innovation at Bali Conference
Deputy Minister of Investment and Downstreaming/Deputy Head of Investment Coordinating Board (BKPM), Todotua Pasaribu, voiced strong government support for investment and innovation in digital finance during the CFX Crypto Conference (CCC) 2025 held at Nuanu Creative City, Bali.
Top RI-Germany diplomats meet ahead of President Prabowo’s Berlin visit
Indonesia and Germany reaffirmed their commitment to deepening bilateral cooperation as Foreign Minister Sugiono hosted German Foreign Minister Johann Wadephul in Jakarta on Wednesday, August 20, 2025.
Minister showcases support for EV growth with locally assembled AION V
Minister of Industry Agus Gumiwang Kartasasmita inspected the AION V, a locally assembled electric vehicle, at the GAC Indonesia booth during the 2025 Gaikindo Indonesia International Auto Show (GIIAS) held at ICE BSD City on July 24, 2025.
Pertamina NRE boosts renewable energy capacity after investment in Philippine’s CREC
Pertamina New & Renewable Energy (Pertamina NRE) has managed to increase its renewable energy generation capacity by 14 percent in the first half of 2025, reaching a total of 2,842 MW.
Toll road operators still awaiting formal discussions on MLFF system model
Secretary General of the Indonesian Toll Road Association (ATI), Krist Ade Sudiyono, said that, to date, there have been no formal discussions between toll road operators (BUJT), the project executors of the Multi-Lane Free Flow (MLFF) system, and the government regarding business model for toll collection under the system.
Green industrialization: Key to achieving 8% economic growth, climate agenda
Manufacturing industries are pivotal to achieving the 8 percent economic growth target set by the Prabowo Subianto administration as Indonesia's economy heavily relies on extractive industries, domestic consumption, and government spending.