Business News
15 Upstream Oil and Gas Projects Ready to Streamline in 2025, Total Investment Reaches IDR 11.93 Trillion
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) announced that 15 upstream oil and gas (O&G) projects are set to commence operations in 2025. According to SKK Migas Chief Djoko Siswanto, these projects will attract investments totaling USD753.2 million (approximately IDR 11.93 trillion). The projects…
LPEI Boosts Moringa Leaf-Based Product Exports Through Comprehensive Support Programs
The Indonesian Export Financing Agency (LPEI), also known as Indonesia Eximbank, is actively supporting businesses producing moringa leaf-based products to access global markets through initiatives like the Coaching Program for New Exporters (CPNE) and Desa Devisa. According to LPEI SMEs Advisory Services Division Head Maria Sidabuta, the high global demand…
Indonesia and Tanzania Strengthen Bilateral Ties in Energy and Oil & Gas Sectors
President Prabowo Subianto held a bilateral meeting with Tanzanian President Samia Suluhu Hassan to discuss strategic cooperation in energy, oil, and gas sectors. The meeting, which took place in Rio de Janeiro, Brazil, on November 17, 2024, was reported by Indonesia's Presidential Communication Office via its Instagram account. The discussion…
Indonesia Sets Ambitious 5-Year Investment Target at IDR 13,528 Trillion
The Ministry of Investment/Investment Coordinating Board (BKPM) has set a record-breaking investment target of IDR 13,528 trillion for the next five years (2024–2029), aiming to create 3.4 million jobs. Speaking at the Executive Forum titled "Exploring Key Sectors for Sustainable Investment in Indonesia" in Jakarta on 18 November 2024, Deputy…
