Business News
New Regulation on Carbon Capture and Storage Spurs Growth in Upstream Oil and Gas Industry
The Ministry of Energy and Mineral Resources (ESDM) has issued Regulation No. 16 of 2024 on Carbon Storage Activities, effective December 24, 2024. The regulation has garnered positive responses from upstream oil and gas players under the Indonesian Petroleum Association (IPA). It complements prior legal frameworks, including ESDM Regulation No.…
Fisheries Export Value Reaches USD 49 Million
The fisheries export value from Maluku in 2024 reached USD 49.05 million, a decline of 18.27% compared to 2023. While live fish exports increased by 10.2% in value and 5.26% in volume, non-live fish exports saw a significant decrease of 20.4% in value and 25% in volume. Key exports included…
BEI Jambi Targets to add 25 Thousand New Investors In 2025
The Indonesia Stock Exchange (Bursa Efek Indonesia/BEI) is targeting to add 25 thousand SIDs to new investors in Jambi Province in 2025. Head of BEI Jambi Province Representative Office Rena Novita, in Jambi, Monday, said that the addition of 25 thousand consists of stocks and mutual funds. In achieving this…
The Deputy Minister of Agriculture Encourages Livestock Investment to Improve the Welfare of Local Farmers
Deputy Minister of Agriculture (Wamentan), Sudaryono emphasized that investment in the cattle farming sector will involve local farmers. This is in line with the government's efforts to improve the welfare of farmers and the resilience of domestic meat supplies. He expresses that the investment prioritizes the progress of Indonesian farmers.…
