Business News
Indonesia and the US Agree to Reduce Trade Tariffs on Top Commodities Targeted for Special Treatment
Indonesia and the United States officially issued a Joint Statement marking the culmination of protracted bilateral negotiations on trade tariffs on 22th July 2025. The agreement reduced reciprocal import tariffs from 32% to 19%, delivering a more favourable outcome for Indonesian exports to the US market. This reduction, while modest…
BI and Kadin Business Forum Strengthens East Java-NTT Investment Network, Resulting in IDR 3 Billion Commitment
Bank Indonesia, along with the East Java Chamber of Commerce and Industry (Kadin) and the East Nusa Tenggara Chamber of Commerce and Industry (Kadin), brought together 97 business players at the Investment and Trade Business Forum held in Surabaya on Monday (July 28th). This forum served as a strategic platform…
Danantara Reveals Plans to Build 17 Modular Refineries to Process US Oil Imports
Daya Anagata Nusantara (Danantara) revealed plans to build 17 modular oil refineries as part of an energy partnership with the United States (US) government. According to circulating information, the USD 8 billion (approximately IDR 130.4 trillion) project will be designed to process crude oil from the US. "Regarding investment in…
Tanjungpinang Attracts New Investment, IDR 10 Billion Logistics Warehouse Built in Dompak
The Tanjungpinang City Government has once again welcomed new investment into the Bintan Free Trade and Free Port Area (KPBPB) within Tanjungpinang City. On Tuesday (July 29th), the Regional Secretary of Tanjungpinang City, Zulhidayat, laid the cornerstone for the construction of a warehouse owned by PT. Sukses Bintan Permata on…
