Business News
SKPT Morotai Boosts Yellowfin Tuna Exports to Japan
The Ministry of Marine Affairs and Fisheries (KKP) has officially inaugurated the Integrated Marine and Fisheries Center (SKPT) in Morotai, North Maluku—marking a new chapter in boosting coastal economic development, particularly in Indonesia’s outermost islands. Minister Sakti Wahyu Trenggono emphasized that this project reflects the government’s commitment to strengthening marine-based…
Karo's Agricultural Exports to Singapore Reflect Rising Farmer Prosperity
The Deputy Regent of Karo, Komando Tarigan, officially marked a significant milestone in regional agriculture by launching the export of fresh potatoes and sweet potatoes to Singapore, in partnership with Alamanda Singapore Pte Ltd and PT. Gabe Tiga Puluh. Held at PT. Koncota Agro Mandiri’s warehouse in Berastagi, this collaboration…
Over the Past 5 years, Automotive Investment Reached IDR 157 Trillion
Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani has stated that between 2020 and 2024, investment in the automotive sector reached IDR 157 trillion, indicating significant potential for the development of electric vehicles in Indonesia. Over the past five years, the automotive industry has…
Government to Offer Increased Incentives to EV Producers with High Domestic Component Level (TKDN)
The Investment and Downstream Minister and Head of the BKPM, Rosan Roeslani, has confirmed that the government will grant greater incentives to electric vehicle (EV) manufacturers with high domestic components (TKDN). Companies will receive higher incentives for TKDN content, with incentives increasing with the TKDN content. From March 2020 to…
