Business News
Maluku Exports 8.7 Tons of Nutmeg to the Netherlands, Valued at IDR 1.47 Billion
PT Kamboti Rempah Maluku successfully exported 8,736 kilograms of nutmeg to the Netherlands last week, with a trade value of 84,084.5 Euros or approximately IDR 1.47 billion (at an exchange rate of IDR 17,504.43). "After undergoing extensive testing, 8.7 tons of nutmeg from Maluku owned by PT Kamboti Rempah Maluku…
Eastern Indonesia Regional Conducts Inaugural Export of 1.1 Million Barrels of Condensate to International Markets
PT Pertamina Hulu Energi (PHE) Subholding Upstream Pertamina's Eastern Indonesia Regional 4, through PT PHE Tomori Sulawesi (PHE TS) & PT Pertamina EP (PEP), has signed a sales and purchase agreement for Senoro condensate for the year 2024. The contract value is estimated to exceed USD 75 million, covering a…
PT Shuoshi Indonesia Investment Successfully Conducts First Export of Ferronickel to China
PT Shuoshi Indonesia Investment, a company based in Morowali Regency, successfully completed its first export of ferronickel to Zhapu, China. The inaugural export was dispatched from Huabao Ambunu Wharf on Thursday, May 23. Ferronickel, an alloy of nickel and iron, is a crucial commodity in the global manufacturing industry, particularly…
Indonesia Designates Two Blue Economy Conservation Areas in Belitung
The Indonesian government, through the Ministry of Maritime Affairs and Fisheries (KKP), has designated two locations in the waters around Belitung Island as conservation areas for blue economy development to preserve the environment and natural resources. The two newly established conservation areas are the waters from Mendanau to Membalong in…
