Business News

Indonesian Ministry of Industry Launches Maiden Export of Traced Used Cooking Oil to the United States

The Ministry of Industry (MoI) has dispatched five containers of used cooking oil, totaling 200 metric tons, to the United States, utilizing the well-traceable System Informasi Minyak Jelantah (Simijel) digital information system. The hybrid export release occurred at three locations: the MoI Office in Jakarta, CV Artha Metro Oil Warehouse…

Upstream Oil And Gas Investment Serves As A Key Driver Of Regional Economy

The Minister of Investment/Head of the Investment Coordinating Board (BKPM) has stated that upstream oil and gas investments play a pivotal role in boosting regional economies. One of the drivers of regional economies is investments in upstream oil and gas, and we can demonstrate this through our investment target for…

Indonesia's First Oolong Tea Export to Vietnam

PT Perkipunan Nusantara (PTPN) has achieved a significant milestone by exporting its first batch of oolong tea to India in collaboration with PT Suntory Garuda Beverage Company. This marks the beginning of a strategic partnership aimed at supplying high-quality beverage raw materials globally, with a focus on the Asian market.…

Minister Airlangga: Indonesia is a Global Destination for Property Investment

Indonesia stands out as a prime global property investment destination, driven by its substantial market size and various favorable factors. Coordinating Minister for Economic Affairs, Airlangga Hartarto, noted that Indonesia, with its fourth-largest population worldwide at around 273 million people, is poised for increased property demand, particularly in the realm…
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