Business News

Supporting the Blue Economy, KKP Regulates Conservation Areas to Prohibit Ship Passage

The Ministry of Maritime Affairs and Fisheries (KKP) will regulate conservation areas to prohibit access and passage by ships, supporting Indonesia's blue economy. This initiative will be connected with the International Maritime Organization (IMO). Minister of Maritime Affairs and Fisheries, Sakti Wahyu Trenggono, emphasized this at United in Diversity (UID)…

Indonesian Government Accelerates Industrial Downstreaming in Papua through Infrastructure Development

The Investment Minister and the chief of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, affirmed the government's commitment to accelerating downstream processing in Papua by developing industrial infrastructure. In a statement made in Jakarta on Monday, Minister Bahlil outlined the acceleration plan, which includes constructing a smelter by PT Freeport…

Indonesia Aims to Lead in Lobster Management with New PMO 724

The Minister of Marine Affairs and Fisheries, Sakti Wahyu Trenggono, has established Project Management Office (PMO) 724 to ensure the transformation of lobster governance in Indonesia. Named after the Ministerial Regulation No. 7 of 2024, PMO 724 aims to optimize the implementation of this new regulation, including improving measures against…

Indonesia Expands Authority for Halal Certification to Accelerate Process

In line with the implementation of the Halal Product Assurance (JPH) policy as outlined in Article No. 11 of 2020 on Job Creation and its derivative regulation, Government Regulation (PP) No. 39 of 2021, the Indonesian government held an internal meeting at the Merdeka Palace on May 15 to expedite…
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