Business News
Exporters Offered Opportunity to Expand Market to Saudi Arabia Through Made in INDONESIA EXPO 2025
Indonesian businesses, particularly MSMEs, have a promising opportunity to expand their market to Saudi Arabia through The 2nd Made in INDONESIA EXPO 2025, scheduled for 17-19 April 2025 at Arena Venue, Riyadh. According to Mardyana Listyowati, Director General of National Export Development, this event aims to boost the penetration of…
Indonesia Aims to Dominate Global Copper Market by 2028
Indonesia is poised to capture a significant share of the global copper market by 2028, driven by declining global production and increasing demand, projected to grow 4%-5% annually. Speaking at the CEO Insight event in Jakarta on Tuesday, Indonesian Mining Association (IMA) Chairman Rachmat Makkasau highlighted copper's rising importance, especially…
Minister of Energy Opens Minerba Expo, Promotes Downstreaming to Boost Economic Growth
The Indonesian government is actively promoting the downstreaming of mineral and coal commodities (minerba) as part of its strategy to boost national economic growth. This aligns with President Prabowo Subianto’s goal to achieve over 6% economic growth in the coming years. Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia,…
British Petroleum to Invest in Gas Project in West Papua IDR 110.95 Trillion
British Petroleum (BP), a UK-based energy company, has committed to investing USD 7 billion (approximately IDR 110.95 trillion at IDR 15,850/USD) in Indonesia. The investment will fund the Tangguh Ubadari project, Carbon Capture Utilization & Storage (CCUS), and Compression (UCC). The decision follows a joint evaluation by BP and the…
