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Search result with “Oil Import From Singapore” as a keyword founded 40 news.

Indonesia to Cut ASEAN Import to Make Room for $15 Billion US Energy

... , citing that it would only import less from its ASEAN neighbors, among ... imports. To keep the overall import volume unchanged, Indonesia will count ... come from Singapore. Another $5.3 billion was of Malaysian origin. The overall oil and ...
Business Feb 20, 2026 | 10:48 pm

Indonesia Denies US Drone Talks, Tariff Deal Hinges on Prabowo-Trump's Schedule

... finish line. However, the Singapore-based daily Straits Times reported ... strategic waterway is abundant in oil, natural gas, and fish. ... goods from 32% to 19%, thanks to a combination of import tax ... for US-bound Indonesian palm oil. Earlier that day, Airlangga’s ...
Business Jan 30, 2026 | 9:35 am

State Capitalism Has Limits: Defining Danantara’s Proper Role in Economy

... allocation and market design. Singapore’s Temasek Holdings, for example ... illustration. In 2023, exports from the sector stood at ... 7.94% to non-oil and gas manufacturing value ... largely structural and external: import surges, dumping practices, high ...
Opinion Jan 25, 2026 | 3:09 pm

Indonesia Has No Cards to Negotiate with Trump Alone: Chinese Economist 

... Trump to drop the import tax from the originally announced ... like Indonesia. Trump’s import tax on Vietnamese goods stands ... percent. The US maintained Singapore’s tariff at the baseline ... US into exempting its palm oil from import duties. However, Jakarta’s ...
Business Oct 8, 2025 | 6:41 pm

Indonesia-EU Trade Pact to Take Effect in 2027, Removes 98% Tariffs

... with one another. The import duty elimination will start at ... concerns -- is expected to benefit from the trade pact. A press ... , including in the palm oil sector. Airlangga previously claimed ... agreement with the EU after Singapore and Vietnam. According to ...
Business Sep 23, 2025 | 2:35 pm

Trump Unveils New Tariffs, Indonesia and Most ASEAN Nations Get 19%

... last minute, quite a drop from what Trump had previously threatened ... will face a 19 percent import tax. The same goes for ... on Bruneian goods. Levies on Singapore will remain at 10 percent ... of the world’s largest palm oil suppliers, Indonesia and Malaysia, ...
Business Aug 1, 2025 | 9:42 am

There’s A Chance for Anwar, Prabowo to Discuss US Tariffs as Deadline Nears

... Indonesia is already free from the deadline. Jakarta already ... the world's largest palm oil suppliers to postpone the ... made some multibillion-dollar import commitments, including a pledge ... everyone -- except Singapore -- will soon face import duty hikes. The ...
Business Jul 28, 2025 | 11:21 pm

Indonesia Says 19 Pct Tariff Deal with Trump is Final and Binding

... his reciprocal tariffs on Indonesia from 32 percent to 19 percent ... between 20 and 40 percent. Singapore is the only country in ... Jakarta has made some major import commitments, including $15 billion worth ... commodities such as crude palm oil and nickel. “We are ...
Business Jul 21, 2025 | 10:55 pm

US Tariffs on Indonesia Drop to 19%, Among The Lowest in Southeast Asia

... will lower its import tariffs on Indonesian products from a planned 32 percent ... to the US include palm oil, coffee, cocoa, textiles, and semiconductors ... rise to 25 percent from 24 percent. Singapore did not receive a tariff ...
Business Jul 17, 2025 | 10:31 am

ASEAN-China Trade Pact May Not Mean Southeast Asia Picks Xi over Trump

... , including ASEAN nations. Trump’s import tax hikes -- set to enter ... and the Philippines (20 percent). Singapore is among the countries that ... on any Vietnamese goods transhipped from third countries. Trump had ... Can Lose Its Palm Oil Market to Malaysia
Business Jul 15, 2025 | 8:22 pm

Energy Minister Bahlil Alleges Sabotage Behind Indonesia’s Oil Import Dependence

... Starting in February, fuel import licenses will be reviewed every ... the 2008 Zatapi crude oil import case, which was later ... stressed that today’s import dependence stems from systemic issues that ... to Begin Reducing Fuel Imports from Singapore 'Soon' This is ...
News May 26, 2025 | 7:00 pm

Indonesia to Begin Reducing Fuel Imports from Singapore 'Soon'

... later. Bahlil spoke on the import reduction plans on the margins ... energy from Singapore, given that the close neighbor does not have a crude oil ... Ministry reported that Indonesia’s oil and gas imports from Singapore were worth $21 ...
Business May 26, 2025 | 1:50 pm

Gov't Urges Pertamina to Import US Fuel 'No Matter What'

... is no excuse [to not import from the US]. We have already ... and delivery time. If we import from the US, it would take ... up 4 percent of Pertamina's crude oil import quota. The US also made ... to Phase Out Fuel Imports from Singapore Following Government Order
Business May 23, 2025 | 2:41 pm

Indonesia Spends $40 Billion Annually on Energy Imports, Prabowo Pushes for Energy Independence

... heavy reliance on imported oil and gas costs the ... Prabowo described the current energy import bill as a significant drain ... Phase Out Fuel Imports from Singapore Following Government Order Minister ... to Ambitious 1 Million bpd Oil Production Target by 2030 ...
Business May 22, 2025 | 4:44 am

Pertamina to Phase Out Fuel Imports from Singapore Following Government Order 

... and eventually stop fuel imports from Singapore, shifting its supply sources to ... to phase out fuel imports from Singapore, which currently accounts for around ... ’s Oil Consumption Supplied by Singapore Indonesia is also exploring new fuel import deals ...
Business May 11, 2025 | 11:14 pm

Indonesia to Slash Fuel Imports from Singapore, Eyes Middle East Supply

... to gradually shift its fuel import sources from Singapore, which currently accounts for ... think that we should import oil from other countries, not from Singapore,” Bahlil said, as ...
Business May 9, 2025 | 4:56 pm

Most of Indonesia’s Oil Consumption Supplied by Singapore

... , Indonesia relies heavily on oil imports from Singapore, a nation that does ... “We import 54 percent of our oil consumption from -- guess where -- Singapore. Our ... in Jakarta. Purchasing oil from Singapore, rather than directly from Middle Eastern producers, ...
Business Jan 30, 2025 | 11:28 pm

2024 Roundup on Indonesia’s Foreign Trade Deals

... could facilitate Indonesian palm oil and paper products in ... issues, including export and import restrictions, as well as ... ASEAN members Brunei, Malaysia, Singapore, and Vietnam. The UK ... businesses may also benefit from greater transparency and certainty ...
Business Dec 27, 2024 | 5:32 pm

Indonesia Plans to Build Oil Reserve Facility Near Singapore to Reduce Imports

... despite lacking domestic oil resources. "Singapore is not an oil producer, but they ... import costs by Rp500 trillion. One key initiative is optimizing Indonesia’s oil ... to boost national oil production. According to data from Statistics Indonesia (BPS ...
News Dec 11, 2024 | 5:02 pm

ASEAN Can Benefit from US-China Tension: Economist

... Asia -- particularly Singapore, Malaysia, and Vietnam -- might benefit from the global geopolitical ... short-term gains driven by import diversification and FDI [foreign direct ... in sectors such as palm oil, oils, mining, agricultural products, automobiles ...
Business Aug 14, 2024 | 7:47 am
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