Business News

Port of Sorong Potentially Becomes Entry Point for Seven Import Commodities

The Indonesian Ministry of Transportation (Kemenhub) has revealed that Sorong Port has the potential to become a new entry point for seven imported commodity goods. This follows the government's plan, through the Ministry of Trade (Kemendag) and the Ministry of Industry (Kemenperin), to shift the entry points for these imported…

Minister of Maritime Affairs and Fisheries Claims Many Companies Have Applied to Export Seabed Sand

Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono revealed that numerous companies have applied for concessions to manage sea sand, following the reopening of sea sand export permits after a 20-year ban. While there is high interest in obtaining permits for utilizing sedimentation sand, the Ministry has not yet…

West Java and Central Java Collaborate in Managing Economy-Social Culture at Borders

The Provincial Government of West Java (Jabar) has signed a cooperation agreement with Central Java (Jateng) to manage regional borders and collaborate on initiatives to boost economic and socio-cultural development in the border areas. This agreement covers several border segments, including Cirebon-Brebes, Kuningan-Brebes, Kuningan-Cilacap, Ciamis-Cilacap, Banjar-Cilacap, and Pangandaran-Cilacap. Herman Suryatman,…

President Jokowi: Indonesia Towards a New Economic Superpower

President Joko Widodo (Jokowi) expressed his confidence that Indonesia can become one of the new economic superpowers alongside China and India. This statement was made during the opening of the BNI Investor Daily Summit 2024 at the Jakarta Convention Center (JCC) Senayan, DKI Jakarta Province, on Tuesday, October 8, 2024.…
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