Business News

Investment of IDR 1 T, Tin Downstream Factory Targeted to Operate in 2026

PT. Batam Timah Sinergi (BTS) is investing in the construction of a downstream factory with a total value of more than IDR 1 trillion. This factory will process tin metal into various derivative products with added value. The groundbreaking of the factory construction in Batam on 24th January 2025 marks…

Ministry of Industry Collaborates with South Korea to Accelerate Manufacturing Sector

The Ministry of Industry (Kemenperin) is encouraging the acceleration of industry 4.0 in the manufacturing sector to boost productivity and global competitiveness. Head of the Industrial Services Standardization and Policy Agency (BSKJI) of the Ministry of Industry, Andi Rizaldi said in an official statement that collaboration between the government, private…

Batam's Potential Investment Attraction Captivates Italian Investors

The charm of Batam City as a leading investment area in Indonesia is indeed endless. This attraction was successfully captured by one of the leading Italian companies, which visited the Batam Business Agency, on Wednesday 22th January 2025. Together with the Chairman of the DPP of the Indonesian Employers' Association…

Indonesia's Animal Fats and Oils Exports to Estonia Rise to USD 276.34 Million

Indonesia recorded exports to Estonia worth USD 394.68 million as of December 2023, marking a 27.37% increase compared to the previous year’s export value of USD 309.87 million. Over the past decade, Indonesia's trade with Estonia has shown a consistent upward trend, with 2023 setting a new record for the…
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