Business News
Ministry of Energy Unveils Incentives to Boost Geothermal Development
The Ministry of Energy and Mineral Resources (ESDM) is preparing a range of incentives to promote the development of geothermal energy. Eniya Listiani Dewi, Director General of New Renewable Energy and Energy Conservation (EBTKE) at the Ministry of ESDM, announced that the government is working on various new incentives for…
Bandung Organic Fertilizer Expands Export Reach to 13 Countries
Bio Soltamax, an organic fertilizer from Bandung, has successfully penetrated 13 international markets and is now targeting African countries. Mulki Mulyana, Deputy Managing Director of PT Solusi Tani Makmur, mentioned that these 13 countries include the United States, Lithuania, Turkey, the Netherlands, Libya, Nigeria, Mozambique, Malaysia, Myanmar, Thailand, South Korea,…
Vannamei Shrimp Potential in Bima Reaches IDR 8 Billion Per Hectare
The cultivation of vannamei shrimp in Bima Regency shows significant potential as a new economic income source. With a vast demand in international export markets, this commodity stands as one of the most valuable, with potential profits reaching IDR 8 billion per hectare. Acting Head of the Fisheries Department of…
Increasing Demand for Palm Oil Commodities in the US
The Indonesian Palm Oil Association (Gapki) has highlighted the favorable outlook for palm oil amidst the 2024 United States presidential election. Indonesia currently controls 54% of the global market, with export values reaching USD 28.45 billion in 2023. "The prospects remain good. We see that the demand for palm oil…
