Indonesia plans to produce one million barrels of crude oil per day by 2030
Indonesia has set a crude oil and natural gas extraction target of 610,000 barrels per day (bpd) in the 2026 state revenue and expenditure budget, up from the 605,000 bpd extraction target set in the 2025 budget. The government also put forward a long-term plan to ...
Indonesia plans to cut coal-nickel output next year to stabilize prices
Indonesia plans to cut production of coal and nickel in 2026, a move aimed at balancing the supply and demand of these two types of minerals in the international market and thus stabilizing commodity prices. The Minister of Energy and Mineral Resources explained that the current coal and nickel bulk...
List of Provincial Minimum Wages in Indonesia 2026
Provinces in Indonesia have finalized the Provincial Minimum Wage (UMP) for 2026, which serves as the minimum reference for companies and workers to account for their salaries. As of December 25, 2025, 36 provinces have announced the specific standard through a decision letter from the governor...
Embassy and Consulates in Indonesia Extend Visa Fee Waivers
In order to further facilitate the exchange of Chinese and foreign personnel, the Chinese Embassy and Consulates in Indonesia will extend the visa fee reduction policy to December 31, 2026 to China. Visa fee for Indonesian citizens to go to China: Visa fee is 400,000 rupiah for one visa, two...
Indonesia Releases National Electricity Supply Plan 2025-2034
The Ministry of Energy and Mineral Resources (MoEMR) has released the National Electricity Supply Plan 2025-2034 (RUPTL), which has been described as the "greenest" electricity development plan in history. The plan is based on the National Electricity Master Plan (NEMP) and the National Energy Policy (NEP) as...
Indonesia's Many Local Minimum Wages for 2026 Announced
The government has mandated that provinces and local governments need to set the 2026 provincial and local minimum wage rates by December 24, 2025, which has also become the deadline for local governments to publish their local minimum wage rates (UMK). As of the deadline, only...
Indonesia builds largest plasma derivative fractionation plant in Southeast Asia
Indonesia's longstanding 100% dependence on imported plasma derivatives is about to turn a corner. Through the Indonesian Investment Authority (INA), Indonesia is joining hands with SK Plasma, a subsidiary of South Korea's SK Group, to build the country's first and Southeast Asia's largest...
Indonesia's upstream oil and gas sector back in favor with global players
The Ministry of Energy and Mineral Resources (MEMR) has revealed that thanks to the more competitive investment environment created by the government, a number of international oil and gas companies have revived their interest in upstream oil and gas projects in Indonesia, and a number of companies that had withdrawn from the market are planning to return. The ministry's oil and sky...
Indonesia may have tax breaks for car purchases next year
The Ministry of Industry has confirmed that it is in marathon discussions with the Indonesian Automotive Industry Association and all automakers on incentives for the automotive industry with the aim of accelerating the recovery and strengthening of the domestic automotive industry by 2026.The industry faces a domestic market by 2025...
Jakarta government asks companies to comply with minimum wage standards
The Jakarta SAR government announced the Provincial Minimum Wage (UMP) for 2026 to be 5,729,876 rupiahs per month, an increase of 6.17% (333,115 rupiahs) from 5,396,900 rupiahs in 2025. The governor said in a press conference that the UMP adjustment is based on the political...
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