Business News
Navigating Regulatory Challenges: Protecting the Tobacco Industry Amidst New Policies
The Indonesian tobacco industry is currently facing significant pressure due to the derivative regulations of Government Regulation (PP) No. 28 of 2024. Business associations and industry stakeholders have expressed deep concerns regarding the potential economic impact of these restrictive measures on the entire supply chain. There is an urgent call…
KITE IKM Facility Helps Pekalongan Garment Industry Reach Export Markets
Indonesia’s bonded zone facility for small and medium industries (KITE IKM) is helping strengthen the competitiveness of the garment sector in Pekalongan by facilitating easier access to international markets. Through this program, businesses receive incentives such as import duty exemptions and simplified customs procedures for raw materials used in export-oriented…
Government Prepares National Oil Storage Investment to Strengthen Energy Security
The Indonesian government is preparing a major investment initiative to develop national oil storage infrastructure as part of its strategy to strengthen long-term energy security. The plan, led by the Ministry of Energy and Mineral Resources, focuses on building large-scale storage facilities to increase the country’s strategic fuel reserves and…
Top 10 Countries with Geothermal Power Production: U.S., Indonesia and Others
The global transition toward renewable energy continues to gain momentum, with geothermal power playing an increasingly important role. The United States currently leads global geothermal electricity production, followed closely by Indonesia, highlighting the strong potential of countries located along tectonically active regions. Other major contributors include the Philippines, Türkiye, New…
