Business News
Indonesia Reasserts Its Zero Rice-Import Policy to Strengthen National Self-Sufficiency
Indonesia’s Agriculture Minister Andi Amran Sulaiman reaffirmed the government’s strict zero-import stance on rice, emphasizing President Prabowo Subianto’s commitment to safeguarding national food sovereignty. Following a parliamentary hearing, he clarified that no imported rice is permitted to enter the country, including in free-trade zones such as Sabang, where authorities recently…
Coordinating Minister Airlangga Reaffirms Government’s Commitment to Attract High-Quality Investment
At a joint investment promotion event held in Singapore on November 18, 2025, Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, emphasized the government's strong commitment to attracting “high-quality” foreign investment. The focus is on strategic collaboration with Singapore, especially in the Batam, Bintan, and Karimun (BBK) Free Trade Zone,…
Indonesia to Start Crude Oil Imports from the United States by the End of 2025
The Indonesian government has confirmed that starting in December 2025, it will significantly increase its crude oil imports from the United States. This move is part of a broader strategy tied to reciprocal tariff negotiations with the U.S., according to Energy and Mineral Resources Minister Bahlil Lahadalia. While Indonesia has…
Government Encourages Down-streaming of Mineral Resources to Enhance National Competitiveness
The government is emphasising the importance of strengthening research and downstream processing of mineral resources as foundational to improving national competitiveness. With the global shift toward new energy and sustainability, minerals take on strategic roles in the economy—from raw material supply to jobs creation and technological development—so Indonesia must enhance…
