Business News
Investment in Bontang Reaches IDR 2.7 Trillion, Driven by the Chemical Industry
Bontang recorded an impressive investment growth in 2024, reaching IDR 2.7 trillion, a 12.97% increase from the previous year. This reflects strong investor confidence in the city’s favorable business climate. According to Muhammad Aspiannur, Head of Bontang’s Investment and One-Stop Integrated Service Agency (DPMPTSP), the city continues to enhance its…
Customs Records IDR 9.5 Billion in Exports via Skouw Border Post in February
The Jayapura Customs Office reported a significant increase in exports to Papua New Guinea through the Skouw Border Post, reaching IDR 9.5 billion in February 2025, up from IDR 1.6 billion the previous year. Head of Jayapura Customs, Adeltus Lolok, attributed this growth to intensified education and outreach efforts for…
Yogyakarta Customs Facilitates PT Taru Martani’s Tobacco Export to Japan
Yogyakarta Customs has facilitated the export of 41 cartons of sliced tobacco (TIS) from PT Taru Martani to Japan on March 5, 2025. According to Riri Riani, Head of Public Relations and Information Services at Yogyakarta Customs, the shipment was granted a duty-free facility in line with Law No. 39…
Government Forms Special Team to Review Investment Regulations
The National Economic Council (DEN) Chairman Luhut Binsar Pandjaitan and Coordinating Minister for Economic Affairs Airlangga Hartarto have agreed to establish a special task force to evaluate regulations that may hinder investment in Indonesia. This initiative aims to create a more investor-friendly climate amid global economic shifts.The team will begin…
