Economy and Business

PT Amman Mineral Internasional Tbk (Amman) has officially announced the completion of its state-of-the-art copper smelter in West Sumbawa Regency, West Nusa Tenggara (NTB), a strategic national project that signifies a major leap forward in Indonesia’s mineral downstreaming agenda. This landmark achievement is poised to substantially enhance the value of domestically mined resources, reinforcing the nation’s commitment to transforming its …

Jakarta, VIVA – The Indonesian House of Representatives (DPR RI) has marked a significant milestone in the nation’s economic transformation agenda with the recent enactment of the Law on the Indonesian International Financial Center (PFII). Mukhamad Misbakhun, Chairman of Commission XI of the DPR RI, lauded this legislative achievement as a profoundly transformative initiative spearheaded by President Joko Widodo, designed …

Jakarta witnessed a significant stride in bilateral economic cooperation as Coordinating Minister for Economic Affairs, Airlangga Hartarto, hosted Vice Governor Zhao Zenglian of China’s Fujian Provincial Government at the Ministry of Economic Affairs in Jakarta. The high-level meeting underscored a mutual commitment to intensifying the "Two Countries, Twin Parks" (TCTP) initiative, aiming to crystallize a list of potential projects and …

The Indonesian electric motorcycle market is poised for significant expansion in 2026, driven by a convergence of factors including a growing consumer appetite for modern aesthetics, the allure of reduced operational costs, and an increasing awareness of environmental sustainability. As the nation accelerates its transition towards a greener future, electric two-wheelers are emerging as a pragmatic and fashionable solution for …

Jakarta, Indonesia – In a decisive move underscoring the Indonesian government’s commitment to farmer welfare and national food security, Minister of Agriculture Amran Sulaiman has issued a stern directive for an immediate investigation into seven companies. These entities are suspected of refusing to absorb sugarcane and sugar produced by local farmers, potentially undermining efforts to achieve national sugar self-sufficiency. The …

Jakarta, Indonesia – In a significant move to enhance fiscal efficiency and social equity, Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, held a crucial meeting with Pertamina’s President Director, Simon Aloysius Mantiri, on Friday, July 24, 2026, to discuss the strategic implementation of technology for ensuring the precise and targeted distribution of subsidized fuel and 3-kilogram LPG. The high-level discussion, …

Jakarta, Indonesia – In a significant move aimed at bolstering national biosecurity and enhancing the efficiency of cross-border trade, Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, has given the green light for officers from the National Quarantine Agency (Barantin) to directly participate in monitoring customs scanning machines. This crucial decision, announced following a high-level meeting with the Head of Barantin, …

The efficiency of fuel consumption is not solely determined by the numerical value of the RON, but rather by the precise compatibility between the chosen fuel and the engine’s design, particularly its compression ratio. When the fuel’s octane rating aligns perfectly with the engine’s compression requirements, the combustion process within the cylinders occurs with maximum efficiency. This ideal scenario ensures …

Jakarta, CNN Indonesia – Indonesia faces a looming fiscal challenge with the potential for its energy subsidy budget to balloon significantly if the national logistics system remains heavily dependent on diesel-powered trucks, particularly amidst ongoing global oil price volatility. This critical warning comes from the World Resources Institute (WRI) Indonesia, which underscores the urgent need for a strategic pivot towards …

Jakarta, VIVA – Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, has provided a firm assurance that the outstanding debt obligations for the Jakarta-Bandung High-Speed Rail (KCJB), popularly known as Whoosh, will not impose a significant burden on the State Budget (APBN). Speaking from the Ministry of Finance in Jakarta on Thursday, July 23, 2026, Minister Purbaya reiterated the government’s commitment …