Business News
Ministry of Industry Designs Monitoring Strategy for Petrochemical Imports
The Indonesian Ministry of Industry (Kemenperin) is developing a monitoring strategy for the petrochemical sector by refining the commodity balance system to track supply and demand more accurately. According to Wiwik Pudjiastuti, Director of Upstream Chemical Industry at Kemenperin, the system will provide data-driven insights into supply and demand dynamics,…
Indonesia to Cease Industrial Salt Imports by 2027, Minister Trenggono Outlines Strategy
Indonesia is set to end industrial salt imports by 2027, according to Minister of Marine Affairs and Fisheries, Sakti Wahyu Trenggono. The government plans to achieve this target by adopting modern technology and utilizing Nusa Tenggara Timur (NTT) as a hub for high-quality salt production. Trenggono emphasized NTT’s geographical and…
West Sumatra Exports Mangosteen to China
West Sumatra (Sumbar) has achieved a significant milestone in the agricultural sector by resuming mangosteen exports to China. The initial shipment, after halting since March 2024, took place on Monday, 9 December, via Minangkabau International Airport, Padang City. Head of the Sumatra Quarantine Center, Ibrahim, emphasized that this export is…
Airlangga Highlights Indonesia's 24 SEZs with IDR 242.5 Trillion Investment
Indonesia has established 24 Special Economic Zones (SEZs), achieving a cumulative investment of IDR 242.5 trillion by the end of September 2024. Coordinating Minister for Economic Affairs Airlangga Hartarto highlighted SEZs as a strategic driver for economic growth in the Asia-Pacific region, comparable to efforts in China and Vietnam. Speaking…
