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IndonesiaThe latest on Business from our Indonesia desk.
Nickel price leaps to 5-week high on Indonesia crackdown
Nickel climbed to its highest price in more than five weeks after Indonesia said it would act against companies linked to businessman Arif Kurniawan over alleged illegal activity in forest areas. Copper fell to a three-month low as technology stocks weakened, while traders also watched Indonesian ore quotas and China’s record-high copper import premium.
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Garuda Indonesia Seeks Financing as Loss Widens
Garuda Indonesia reported a wider net loss as weaker scheduled-service revenue and higher costs strained its finances. Nearly 40% of its fleet was grounded for maintenance, limiting operations, while maintenance and repair costs climbed 23%. The airline ended 2025 with positive equity, but rising fuel bills pose a fresh risk to its turnaround.
Pertamina Secures Fuel Supply to Bogor Gas Stations
Pertamina Patra Niaga’s West Java region says fuel deliveries to all gas stations in Bogor are continuing to meet local energy demand.
West Java Courts Malaysian Investment for Patimban, Kertajati
West Java is seeking fresh investment from Selangor, Malaysia, by pitching strategic projects such as Patimban Port and Kertajati Airport at the SIBS ASEAN 2026 forum. Malaysian investment realization has reached IDR 47 trillion ($2.9 billion USD).
B50 Launched: Indonesia Ends Diesel Imports, Bahlil Says
Energy Minister Bahlil Lahadalia officially launched the B50 mandate, signaling the end of Indonesia's reliance on diesel imports. The program is projected to save up to Rp170 trillion in foreign exchange while strengthening national energy sovereignty under President Prabowo Subianto's direction.
Foreign Net Sell Hits Rp221.68 Billion in Session I
Foreign investors posted a net sell of Rp221.68 billion in the first trading session on Thursday (7/9/2026), even as the IHSG rose to 5,885.69.
Polri Seizes Rp60 Billion at de’Clan Cafe in Jakarta
A joint police team seized nearly Rp60 billion in foreign cash from de'Clan Cafe in South Jakarta in a corruption-linked money laundering case.
MBG Investor Seeks Rp218 Billion Back From BGN
Investor Mujazin is preparing a civil lawsuit against the National Nutrition Agency (BGN) to demand repayment of Rp218 billion paid under an agreement that has not been fulfilled, with none of the promised 97 MBG kitchens delivered so far.
Prabowo Launches B50 Diesel July 1: Prices, Impact & Targets
Indonesia officially rolls out B50 fuel on July 1, 2026. President Prabowo Subianto aims for energy independence by increasing palm-based biodiesel, ensuring price stability for consumers.
Indonesia Cuts LNG Price for Industry to Protect Jobs
The government cut industrial LNG to $13 per MMBTU from about $20-$23 to protect national competitiveness, curb production cost spikes, and reduce the risk of layoffs in sectors hit hardest by high gas prices.
Rp65.3 Billion Funds National Church Choir Fest in Manokwari
The 14th Pesparawi National church choir festival in Manokwari (June 18–28, 2026) is backed by Rp65.3 billion in combined government funding — Rp29.3 billion from the central government and Rp41 billion from West Papua's regional budget. With 6,182 participants from all 38 provinces, the 11-day event is also expected to deliver a significant economic boost to local businesses and SMEs.
West Java Investment Equity Gets Push as 2025 Nears Rp300T
West Java’s House Commission III is pressing the provincial government to spread investment more evenly across the region as 2025 investment realization nears Rp300 trillion. Chairman Jajang Rohana says the record inflow should be paired with easier permits, stronger infrastructure, legal certainty, and better workers so smaller districts do not get left behind.
West Java Pushes Investment Distribution Beyond One Area
West Java’s 2025 investment realization is close to Rp300 trillion. The West Java DPRD is urging investment distribution so the economic gains do not stay concentrated in just one region.
Jakarta UMKM Strategy Gets Heikal Safar’s Backing
Heikal Safar, chairman of Rekat Indonesia, met with Jakarta Governor Pramono Anung at City Hall to discuss strategic collaboration to help local businesses and UMKM grow in a more modern capital.
RoRo Logistics: Indonesia Eases Private Investment Rules
Transport Minister Dudy Purwagandhi is clearing the path for private investment in RoRo ships for logistics. The government will not subsidize operators, but it is cutting business hurdles, extra costs, and permit friction to help shift freight from trucks to sea.
Mini LNG Plant Tuban May Cut Indonesia’s LPG Imports
PT Sumber Aneka Gas’ Mini LNG Plant in Tuban could help trim Indonesia’s LPG imports, support East Java industry, and ease pressure on foreign exchange as domestic energy supply expands.
Babel Govt Empowers UGM Students to Help UMKM Get NIB
The Bangka Belitung provincial government has trained UGM KKN-PPM students to help village UMKM owners secure NIB permits and halal certification. The move is meant to speed up business legality, widen access to financing, and strengthen local products' competitiveness.