Markets and Finance
U.S. crude may not be compatible with Pertamina’s refineries: Expert
An energy expert has warned that the Indonesian government’s plan to redirect its crude oil and fuel imports from Singapore to the United States would solve one problem, but create several new ones.
Experts, industry player optimistic of room for Indonesia to maneuver amid global uncertainty
A senior economist, a diplomat and an industry player are confident that there is still room for Indonesia to maneuver amid global uncertainty and instability that have particularly been triggered by economic policies of U.S. President Donal J. Trump.
RI–U.S. trade projected to soar to US$80 B following tariff negotiations: Kadin chief
Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Novyan Bakrie, has projected that trade between Indonesia and the United States could reach US$80 billion (Rp1.321 trillion) following successful negotiations on reciprocal tariffs.
Indonesia asked to rethink export-led growth as U.S.-China trade deal reached
The latest trade agreement between the United States and China announced on May 12, 2025 marks a significant shift in global economic dynamics, ending years of escalating tariffs that disrupted global supply chains and triggered financial uncertainty.
Indonesia and Laos solar exports surge to U.S. as tariffs hit SE Asian rivals
Solar panel manufacturers in Indonesia and Laos − many of which are owned by Chinese companies − have been rapidly gaining market share in the United States, following Washington’s imposition of steep tariffs on imports from Vietnam, Malaysia, Thailand, and Cambodia.
Indonesia to ease green financing for manufacturers as part of net zero roadmap
The Indonesian Ministry of Industry is preparing a new regulation aimed at improving access to green financing for manufacturers looking to transition toward more sustainable, environmentally friendly operations.
Consumer goods growth slows in Q1 2025: Kantar
The fast-moving consumer goods (FMCG) industry in Indonesia experienced a slowdown in growth in the first quarter (Q1) of 2025.
U.S. tariff policy threatens Indonesian competition, SMEs: KPPU
The Business Competition Supervisory Commission (KPPU) has raised concerns over the economic impact of the United States' new 32 percent reciprocal import tariff on Indonesian goods, warning that the policy could severely disrupt domestic competition and threaten small and medium enterprises (SMEs).
Polytron launches first Indonesian-assembled electric cars
Polytron, an electronics arm of Djarum Group, launched two domestically assembled electric cars on Tuesday, May 6, 2025, apparently the first local business group to do so.
Indonesian economy under pressure, growth slows to 4.87 percent in Q1 2025
Indonesia’s economy opened 2025 facing mounting domestic and international challenges, with growth slowing to 4.87 percent in the first quarter (Q1) − down from 5.11 percent in the same period last year.
Indonesia's Q1 GDP growth slows to 4.87 percent
Statistics Indonesia (BPS) reveals that the country’s economy grew by 4.87 percent year-on-year (yoy) in the first quarter (Q1) of 2025, apparently the slowest growth pace since Q3 2021 and a decline from 5.11 percent in the same period last year.
Energy minister downplays concerns over domestic bauxite sales
Amid claims that bauxite from state miner PT Aneka Tambang (Antam ) is not selling due to export restrictions, Energyand Mineral Resources (ESDM) Minister Bahlil Lahadalia said he would review the progress but defended the current export ban.