Business News

Indonesia Seeks European Investors to Boost Nickel Downstream Projects

Indonesia is actively engaging with European investors to advance its nickel downstream program, aiming to enhance the value of one of its most strategic commodities. Yuliot, Deputy Minister of Investment and Head of the Investment Coordinating Board (BKPM), revealed that discussions are ongoing with several European companies, including BASF SE.…

Batang Industrial Estate Shines at Vietnam Expo, Attracts Investors with Virtual Reality

The Vietnam Manufacturing Expo 2024, themed "SUSTAINOVATION," gathered industry leaders and innovators from around the globe to showcase the latest advancements in manufacturing technology. PT Kawasan Industri Terpadu Batang (KITB) played a prominent role, demonstrating its pioneering spirit by introducing Virtual Reality (VR) technology at the event. Held from 7…

Upstream Oil and Gas Industry Contributes IDR 5,045 Trillion to State Treasury Over Two Decades

The Upstream Oil and Gas Special Task Force (SKK Migas) has reported that over the past two decades, the upstream oil and gas industry has become the second-largest contributor to state revenue after taxes, with a total contribution of IDR 5,045 trillion. Hudi D. Suryodipuro, Head of the Program and…

Subang Coffee Expands into UAE Market with Major Export Success

Coffee from Subang, West Java, has successfully entered the United Arab Emirates (UAE) market with an impressive export of 311.4 tons, valued at USD 2.04 million. This milestone was achieved through a business matching initiative organized by the Directorate General of National Export Development in collaboration with Bappebti last month…
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