Business News
Indonesia Seeks Foreign Investment to Strengthen National Energy Sovereignty
Indonesia is intensifying efforts to secure long-term energy sovereignty by inviting greater foreign investment into its hydrocarbon sector. With 128 hydrocarbon basins identified nationwide—only 20 of which have been developed—the government aims to unlock significant untapped potential through improved regulatory frameworks that make investment more transparent, efficient, and attractive. These…
Indonesia Offers 108 Untapped Oil and Gas Basins to Global Investors
Indonesia is accelerating its energy growth agenda by offering 108 untapped oil and gas basins to both domestic and international investors, aiming to substantially boost national production by 2029. Deputy Minister of Energy and Mineral Resources Yuliot Tanjung emphasized that out of 128 identified hydrocarbon basins, only 20 have been…
Three Eastern-Indonesian Provinces Form a New Economic Power
Regional, multi-sector cooperation among island provinces in Eastern Indonesia continues to be strengthened, involving Bali, Nusa Tenggara Barat (NTB), and Nusa Tenggara Timur (NTT). Following an initial agreement in Bali, a memorandum of understanding (MoU) was signed in NTB. The agreement targets five priority areas with major potential: tourism, energy, connectivity,…
Agriculture Sector’s GDP Contribution in 2025 Becomes Highest in Six Years
In 2025, the agricultural sector’s share of Indonesia’s Gross Domestic Product (GDP) reached 14.35 percent — marking its highest contribution in the past six years. This level makes agriculture the second-largest contributor to the national economy, underlining the growing importance of farming and related activities to Indonesia’s economic stability. The…
