Business News

The Ministry of Maritime Affairs Collaborates with China to Establish Maritime Vocational Campus

The Ministry of Maritime Affairs and Fisheries has partnered with China to develop maritime science and technology. This partnership has led to the establishment of the Ocean Institute of Indonesia (OII), a vocational college focusing on maritime and fisheries education and technology. This technical cooperation involves the exchange of scientists…

Ministry of Public Works Offers Four Infrastructure Projects to the Private Sector, Including Toll Roads and Dams

The Director General of Infrastructure Financing at the Ministry of Public Works, Rachman Arief, has stated that the Ministry will offer several projects to investors under a Public-Private Partnership (Kerjasama Pemerintah dan Badan Usaha/KPBU) scheme. These include three toll road projects include the Pejagan-Cilacap Toll Road, the Gilimanuk-Mengwi Toll Road,…

Submit Initial Memorandum, Government Optimistic OECD Accession Will Be Completed in 2027

The government remains committed to the target of accession to become a member of the Organisation for Economic Co-operation and Development or OECD for 3 years, starting from 2024, after submitting the initial memorandum document. Secretary of the Coordinating Ministry for Economic Affairs Susiwijono Moegiarso said that Coordinating Minister for…

NTB Makes First Copper Export Worth USD 35.16 Million to China, Taiwan, and Thailand

As of April 2025, Nusa Tenggara Barat (NTB) has exported processed copper worth USD 35.16 million. According to Wahyudin, Head of NTB Statistics Agency (BPS), this is NTB’s first significant export of processed copper, which differs from raw mining exports and is produced by the smelter operated by PT AMIN.…
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