Business News

Indonesia Has the Opportunity to Become a Big Player in the Carbon Capture Storage (CCS) Business

Indonesia is poised to emerge as a major player in the carbon capture storage (CCS) business, according to Jodi Mahardi, Deputy for Maritime Sovereignty and Energy Coordination at the Coordinating Ministry for Maritime Affairs and Investment. The Ministry of Energy and Mineral Resources (ESDM) has identified 15 projects in Indonesia…

The Ministry of Industry says Indonesia has Great Potential for tThe Lubricant Industry

The Ministry of Industry (Kemenperin) asserts Indonesia's significant potential in the processing and lubricant industries due to its substantial market size. During the groundbreaking ceremony for the Shell Indonesia lubricant manufacturing plant in Jakarta, Director of Downstream Chemical and Pharmaceutical Industries at Kemenperin, Emmy Suryandari, highlighted Indonesia's extensive domestic market…

Strengthening Food Production, Ministry of Agriculture Collaborates with TNI to Optimize Swamp Land

The Ministry of Agriculture (Kementan) and the Indonesian National Armed Forces (TNI) have joined forces to advance the development and optimization of marshlands, recognizing their potential as a crucial area for bolstering agricultural production and securing the future food supply for the nation. Minister of Agriculture Andi Amran Sulaiman underscores…

Exports of Indonesian Furniture Products Will Reach 1.8 Billion US Dollars in 2023

The Indonesian furniture industry continues to thrive, contributing significantly with a total of USD 1.8 billion throughout 2023. Additionally, the January 2024 Industrial Confidence Index (ICI) for the furniture industry reached 52.38, signaling expansion and indicating the confidence of furniture businesses in their current conditions. Reni Yanita, Director General of…
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