Business News
Indonesia to End Diesel Imports in 2026, Domestic Refinery to Meet Full Demand
Indonesia plans to stop diesel imports in 2026, relying entirely on domestic production to meet national demand. The Ministry of Energy and Mineral Resources (ESDM) confirmed that both state-owned and private energy companies will source diesel from domestic refineries, particularly the Balikpapan Refinery under the Refinery Development Master Plan (RDMP).…
Real Sector Investment Emerges as a Key Driver of Indonesia’s National Economic Growth
Amid ongoing global economic uncertainty, strengthening domestic economic fundamentals has become a top priority for Indonesia, with real sector investment standing out as one of the most resilient pillars of macroeconomic stability. Unlike the financial sector, which is more vulnerable to short-term market sentiment, the real sector directly supports the…
Indonesia Confident 6% Economic Growth Target for 2026 Is Achievable
Indonesia is optimistic about reaching 6% economic growth in 2026, exceeding the government’s current baseline assumption of around 5.4% in the draft state budget. Finance Minister Purbaya Yudhi Sadewa stated that the stronger outlook is supported by improving economic conditions, effective policy adjustments, and closer coordination between fiscal authorities and…
Tuban Empowers Local Industries to Scale for National and Global Market Competitiveness
The Tuban Regency Government, through its Department of Labor and Industry, recently hosted a strategic talk show titled "Strategies for Enhancing Competitiveness Towards National and Global Markets" during the 2025 Tuban Batik Creative Festival. This initiative serves as a critical platform for Small and Medium Industries (IKM) to refine their…
