Press Release & Statement

Jakarta – Association of CEOs and business leaders Indonesian Business Council (IBC) and Business Council of Canada sign a memorandum of understanding to strengthen cooperation between both business groups following the framework of Indonesia-Canada Comprehensive Economic Partnership Agreement (CEPA) in Jakarta, 3 December 2024. The MoU provides a groundwork of partnership between IBC and BCC to develop join projects, research,

Jakarta – The Indonesian Business Council (IBC) handed over a white paper entitled 15 Policy Package Recommendations to Support the Development Agenda of the President and Vice President of Indonesia 2024-2029. The recommendations were presented by IBC Chief Executive Officer Sofyan Djalil to Expert Council of Prabowo-Gibran National Campaign Team (TKN) in an event held in Jakarta, Thursday (22/8). Sofyan

Jakarta, 19 March 2024 – The association of Indonesian private sector leaders, Indonesian Business Council (IBC) submitted recommendations for the development of the Indonesian carbon market to the Financial Services Authority (OJK). IBC Chief Executive Officer (CEO) Sofyan Djalil stated the carbon market is expected to become an important component for increasing Indonesia’s competitiveness.  “A successful carbon market will depend

Jakarta, 27 October 2023 Chief Executive Officer of Indonesian Business Council (IBC) Mr. Sofyan Djalil’s statement regarding the establishment of the organization: The Indonesian business community recognizes the ever-evolving dynamics and complexities within the global economy, driven especially by advancements and challenges in digital technology, international trade, climate change, geopolitical shifts, sustainable economy and the growing trend in ESG adoption.

De-carbonization scenario of the electricity sector towards Net-Zero Emissions (NZE) can be achieved with an additional cost of around 5-26 percent compared to the cost of scenario where no greenhouse gas (GHG) reduction target is set. This estimate is the result of an analysis of various levels of GHG reduction ambition and the readiness of Indonesia’s resources.

At the ASEAN-Indo-Pacific Forum (AIPF) 2023, Indonesian Business Council (IBC) is pushing for formulation of competitive and business-friendly policies for business sectors as this is critical to achieve the vision of Golden Indonesia 2045 and ASEAN 2045.