Business News
Ambassador Iwan Confident Indonesian Products Will Dominate Europe in the Next Five Years
Ambassador to Bulgaria, Albania, and North Macedonia, Iwan Bogananta, expressed confidence that Indonesian products would flood the European market in the next five years. "With the joint venture investments and trade collaborations I initiated since 2022, I believe Indonesian products will see significant growth in Europe within the next five…
The Ministry of Energy and Mineral Resources (ESDM) Updates Upstream Oil and Gas Investment Scheme: To Provide Ease of Benefits for Contractors
The Ministry of Energy and Mineral Resources (ESDM) has revised regulations governing upstream oil and gas investments to enhance flexibility for Cooperation Contractors (KKS) in Indonesia. Director Ariana Soemanto emphasized that these changes are designed to facilitate business operations by allowing contractors to choose between contract types based on their…
Private Investment in IKN Reaches Rp 58.4 Trillion
Minister of Public Works and Housing (PUPR) Basuki Hadimuljono, who also serves as the Acting Head of the IKN Authority, announced that investments in the Nusantara Capital (IKN) in East Kalimantan have reached IDR 58.4 trillion. This amount has been accumulated from a total of eight groundbreaking events held over…
Ministry of Finance: Export of Rendang Spices Affects the Agricultural Sector
The Directorate General of Treasury (DJPb) of the Ministry of Finance for West Sumatra Province has highlighted the significant positive impact of rendang spice exports on the agricultural and livestock sectors. Budi Lesmana, Acting Head of the DJPb Regional Office, emphasized that the primary ingredients for rendang spices, such as…
