Business News
Indonesia Confirms Continuation of B40 Biodiesel Policy While Advancing B50 Preparations
Indonesia will continue implementing its mandatory B40 biodiesel blending policy this year as the government completes further studies for a potential transition to B50. Coordinating Minister for Economic Affairs Airlangga Hartarto explained that the B40 mandate, which blends 60% petroleum diesel with 40% palm oil-based biofuel, remains the most balanced…
Indonesia Announces Bid for Non-Permanent UN Security Council Seat for 2029–2030
Indonesia has officially announced its intention to seek a non-permanent seat on the United Nations Security Council (UNSC) for the 2029–2030 term, reaffirming its strong commitment to multilateralism and global cooperation. Foreign Affairs Minister Sugiono stated that the bid reflects Indonesia’s belief in the importance of effective international institutions and…
Canada Commits IDR 266 Billion to Support Five New Development Initiatives in Indonesia
Canada has reaffirmed its strong partnership with Indonesia by committing new funding totaling CAD 22.6 million, equivalent to approximately IDR 266.4 billion, to support five strategic initiatives across the country. Announced by Canada’s Minister of State for International Development Randeep Sarai during his visit to Jakarta, the funding focuses on…
Indonesia Secures Leading Position in Global Trade Expansion for 2026
Indonesia has strengthened its standing as one of the most proactive economies in global trade, securing a leading position for 2026 after significantly expanding international market access throughout 2025. Coordinating Minister for Economic Affairs Airlangga Hartarto stated that a Swiss-based study recognized Indonesia as one of the world’s top countries…
