Business News

5-Year Infrastructure Project Needs IDR 700 Trillion in Funds, KPBU Scheme Boosted

The Ministry of Public Works ( PU ) revealed that it will continue to boost the Government and Business Entity Cooperation ( KPBU ) investment scheme to support infrastructure development in the era of President Prabowo Subianto. The Director General (Dirjen) of Infrastructure Financing at the Ministry of Public Works,…

Japan Disburses IDR 8.57 Trillion Loan for Patimban Port Development

The Japanese government through the Japan International Cooperation Agency (JICA ) has officially provided a loan to Indonesia for the Patimban Port Development Project Phase III worth 83.408 billion yen or around IDR 8.57 trillion. JICA's official stated that the provision of funds was approved after JICA signed the agreement…

Sumbawa Given Target of 1,620 Hectares of Corn Plantation in 2025

The Sumbawa Regency Agriculture Service (Distan) has been given a target by the government of 1,620 hectares for corn plants. Later, this will be assisted by the National Police in making the corn planting movement a success. Wirawan Margana Head of Agricultural Facilities at the Sumbawa Regency Agriculture Service expressed…

East Java Imports in November 2024 Reached USD 2.46 Billion, 14.33% of Which Were Consumer Goods

In November 2024, the import value into East Java (Jatim) reached USD 2.46 billion. Of this amount, 14.33% was attributed to consumption goods, making it the second-largest category in terms of usage. According to the latest report from the Central Statistics Agency (BPS), Jatim’s imports in November 2024 decreased by…
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