Business News
Four Indonesian Nickel Mines Join the Global Top List
Nickel has become a globally strategic commodity amid the clean energy transition and EV growth. Indonesia now dominates the global nickel market, accounting for nearly 59% of global production in 2024 with 2.2 million tons. Four Indonesian mines, including the world-leading Weda Bay Project in Maluku, are now ranked among…
Airlangga Confirms Economic Stimulus Program Will Be Extended
Coordinating Minister of Economic Affairs, Airlangga Hartarto, has confirmed that Indonesia will extend its economic stimulus program into the second half of 2025. The detailed stimulus package, to be announced in September, will include transportation discounts such as lower fares for flights, trains, ships, and toll roads—especially during the December…
Export of Indonesian Palm Oil to Europe Surges Thanks to IEU‑CEPA Agreement
Indonesia is set to significantly boost its palm oil exports to the European Union throughout the second half of 2025, following the conclusion of the Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU‑CEPA). Febrio Kacaribu, Director General of Economic and Fiscal Strategy at the Finance Ministry, confirmed that palm oil has…
NTB Taps into Global Market with Non-Mining Commodity Exports
The province of West Nusa Tenggara (NTB) is strengthening its non-mining commodity exports by releasing flagship products to various countries in the Americas, Europe, and Asia. Governor Lalu Muhamad Iqbal, alongside the Head of Bank Indonesia NTB, Berry Harahap, officially launched the export of 4 tons of vanilla to the…
