Business News
Government Seeks New Gross Split Scheme to Boost Oil and Gas Investment Climate
The Indonesian government is working to enhance investment competitiveness in the upstream oil and gas sector by introducing a new Gross Split scheme. This initiative aims to make the Gross Split mechanism more attractive to Contractors of Production Sharing Contracts (KKKS). The Ministry of Energy and Mineral Resources (ESDM) plans…
Bapanas: Exports and Ecosystem Development Optimize Red Onions
The National Food Agency (Bapanas) has emphasized the importance of optimizing red onion production through both export and the development of a comprehensive upstream-to-downstream ecosystem. According to Arief Prasetyo Adi, Head of Bapanas, the government is focused on maintaining farmer prices and preparing standby buyers, as red onions serve both…
Coal Dominates Bengkulu's Exports
In June 2024, Bengkulu's export value increased to USD 9.96 million, up by 6.97% compared to May 2024, which recorded USD 9.31 million. Of the total exports, USD 5.57 million (55.96%) were directed to ASEAN countries, while USD 4.39 million (44.04%) went to other countries. The largest export destinations were…
Trade Minister Zulkifli Hasan Releases Coconut Products Export to Four Countries
Indonesian Minister of Trade, Zulkifli Hasan, launched the first export of processed coconut products to four countries: the Netherlands, Australia, China, and Tanzania. The export ceremony took place at PT Sari Segar Husada in Katibung, South Lampung Regency, Lampung. Zulkifli Hasan highlighted that the exported coconut products, including coconut milk,…
