Business News
European Investment in Indonesia Reaches IDR172.9 Trillion
Indonesia’s Investment Coordinating Board (BKPM) reported that total investment from European countries into Indonesia reached IDR172.9 trillion during the observed investment period. The investment inflow reflects Europe’s growing confidence in Indonesia’s economic potential, industrial development, and long-term business opportunities. Major investment contributions came from sectors such as basic chemicals, pharmaceuticals,…
Indonesia Postpones Higher Mineral Royalties and Export Duties to Support Industry Stability
Indonesia has decided to delay its plan to impose higher royalties and export duties on several mineral commodities as the government continues discussions with mining companies and industry stakeholders. Energy and Mineral Resources Minister Bahlil Lahadalia stated that the postponement aims to create a balanced policy framework that supports both…
Indonesia Expected to Become the World’s Fourth-Largest Aviation Market by 2030
Indonesia is projected to become the world’s fourth-largest aviation market by 2030, reflecting the country’s rapid growth in air transportation demand and expanding domestic connectivity. According to the International Air Transport Association (IATA), the country’s aviation sector is expected to continue strengthening alongside rising passenger mobility, economic development, and increasing…
Indonesia Develops Fragrance Hub to Strengthen Essential Oil Industry
Indonesia’s Ministry of Industry is accelerating the downstream development of the national essential oil sector through the establishment of the Flavor and Fragrance Center (PFF) in Bali. The center is designed to become a hub for innovation, training, and business incubation, supporting the production of high-value products such as perfumes,…
