Business News
Indonesia Ranks as the World’s 4th Largest Coffee Producer
Indonesia has solidified its position as the world's 4th largest coffee producer, with 96.1% of its production sourced from smallholder plantations. In 2023, the nation produced 789,000 tons of coffee, meeting 41% of domestic demand while exporting 59% to international markets. This underscores coffee's significant contribution to Indonesia's economy. However,…
Mineral and Coal Sector Leads Indonesia’s Investment Growth, Says Bahlil
The Indonesian government is intensifying efforts to boost the downstream processing of mineral and coal (minerba) commodities as a strategy to accelerate national economic growth. This aligns with President Prabowo Subianto's vision of achieving over 8% economic growth in the coming years. Minister of Energy and Mineral Resources (ESDM), Bahlil…
Semen Indonesia Targets U.S. Exports, Completes Port and Production Facilities
PT Semen Indonesia (Persero) Tbk (SMGR) is leveraging the oversupply in the cement industry to strengthen its competitiveness by expanding into international markets. Partnering with Taiheiyo Cement Corporation through its subsidiary PT Solusi Bangun Indonesia Tbk (SBI), the company is finalizing a major development project at its Tuban plant in…
Indonesia to Dominate 60% of Energy Investments in Southeast Asia by 2025
Indonesia is projected to become the leading driver of energy investments in Southeast Asia starting in 2025, overtaking Malaysia, which has traditionally dominated the region. According to Stephen Salomo, an E&P Market Analyst at Rystad Energy, Indonesia’s contribution to the energy sector's investment landscape is set to experience significant growth…
