Business News
The Ministry of Energy and Mineral Resources (ESDM) Targets Coal Production to Reach 735 Million Tons in 2025.
The Indonesian Ministry of Energy and Mineral Resources (ESDM) has set a coal production target of 735 million tons for 2025. The Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources (ESDM), Tri Winarno, in the 2024 ESDM Performance Achievement Press Conference, stated that from…
Realization Of Investment In The Energy And Mineral Resources Sector Reached IDR 529 Trillion In 2024
The Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, reported that the realization of investment in the ESDM sector in 2024 reached USD 32.3 billion, equivalent to around IDR 529.51 trillion (using an exchange rate of IDR 16,393.56 per USD). "The realization of our investment in the ESDM sector…
West Java Exports in 2024 Increase by 3.39% Compared to 2023
The Head of the Central Statistics Agency (BPS) of West Java, Darwis Sitorus, reported that the province's export performance in 2024 showed an increase compared to 2023. From January to December 2024, West Java's total exports reached USD 37.87 billion, marking a 3.39% increase over the same period in 2023.…
Coffee Prices Soar, Coffee Entrepreneurs Eye Export Opportunities
The rise in global coffee bean prices presents a great opportunity for Indonesian exporters, with hopes that prices will remain high when the harvest season begins in mid-2025. As of February 3, 2024, Arabica coffee prices reached USD 3.79 per pound, up 99.73% YoY, driven by limited global supply and…
