Business News
Competitiveness of the Coffee Industry Becomes the Key to Withstanding Trump Tariffs
The U.S. reciprocal tariff policy may impact Indonesia’s coffee industry, as the United States has long been the largest export destination for Indonesian coffee. In 2023, the U.S. imported 36,625 tons or 13.25% of Indonesia’s total coffee exports, down from 67,309 tons in 2016. Despite the drop, exporters like Manat…
Ministry of Industry Highlights New Economic Opportunities from Palm Sap for Farmers
The Ministry of Industry continues to enhance the added value and competitiveness of Indonesia’s palm oil industry through downstreaming policies focused on five key sectors: palm cooking oil, oleofood (edible fats), oleochemicals, phytonutrients, and biomass/biomaterials. One tangible step is the facilitation of a Cooperation Agreement (PKS) between PalmCo/PTPN IV and…
IIF's Strategic Steps in Supporting the National Digital Economy
PT Indonesia Infrastructure Finance (IIF) continues to strengthen its strategic role in supporting the growth of Indonesia’s digital economy. As a catalyst for sustainable infrastructure development, IIF has disbursed over IDR 3.1 trillion in financing for the telecommunications and information sectors by 2024. In an era of accelerating digital transformation,…
Bukit Asam Achieves Strong Profit of IDR 5.1 Trillion, Driven by 30% Surge in Exports
PT Bukit Asam Tbk (PTBA), a key member of the state-owned mining holding MIND ID, reported a net profit of IDR 5.1 trillion in 2024, propelled by a 30% year-on-year increase in coal exports, which reached 20.26 million tons. The company also saw an 11% rise in revenue to IDR…
