Business News

Bukit Asam Coal Sales Reach 42.9 Million Tons in 2024, Highest in History

PT Bukit Asam Tbk (PTBA) has successfully recorded the highest sales record in history, as seen from the total coal sales throughout 2024 reaching 42.9 million tons or growing 16% annually (year on year/yoy). As a comparison, Bukit Asam's coal sales achieved in the last four years, namely in 2020…

Danantara Potentially Attract Foreign Investment and Promote Economic Growth

The presence of the Daya Anagata Nusantara Investment Management Agency (Danantara) is said to create opportunities for achieving economic growth of 8%, by attracting foreign direct investment to Indonesia. Following the recent revision of the State-Owned Enterprise (BUMN) Law, according to BUMN observer Toto Pranoto from the University of Indonesia,…

Ministry of Labour Urges Immediate Completion of Drafting for the Labour Law

The revision of the Labour Law is an initiative of the House of Representatives. Minister of Labour Yassierli said that the ministry supports drafting the revised law and will assist in several technical matters. The follow-up plan for the revision of the Labour Law includes the revision of government regulations…

Aceh Exports Palm Kernel Shells Abroad Worth USD 9.82 Million

The Central Statistics Agency (BPS) of Aceh reported that the export of palm kernel shells from the province reached a total of USD 9.82 million last year. The majority of this export was directed to Japan. "In December 2024, the export of palm kernel shells from Aceh was recorded at…
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