Business News
Dian Swastatika Joins Forces with FirstGen to Advance Geothermal Energy Development
Sinar Mas, through PT DSSR Daya Mas Sakti (DSSR) – an indirect subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) – has formed a joint venture with PT FirstGen Geothermal Indonesia, a subsidiary of Energy Development Corporation (EDC), which is part of First Gen. President Director of PT DSSR Daya…
Indonesia is Estimated to Need 600 New Aircraft to Tap Market Potential
Indonesia is estimated to require investment in around 600 new aircraft in the short term to capitalise on the massive growth potential in the aviation sector. This projection appears in Boeing's Commercial Market Outlook (CMO) 2025 report, based on an analysis of various factors, including demographic conditions, economic growth, and…
Indonesian Seafood Products at the 2025 Japan Exhibition Record IDR 2.06 Trillion in Potential Transactions
Indonesia’s seafood industry delivered impressive results at the 27th Japan International Seafood & Technology Expo (JISTE) 2025, held from August 20–22 in Tokyo. The country recorded potential transactions totalling USD 128.51 million—or approximately IDR 2.06 trillion—over 80% of which came from shrimp, seaweed, tuna, and tuna-based products. The Indonesian Pavilion,…
Freeport Reveals Plans to Switch from Coal to LNG for Mine Power Generation
Freeport Indonesia (PTFI), under the leadership of President Director Tony Wenas, is planning to replace its 200 MW coal-fired boiler-based power plant catering to its mining operations in Mimika, Central Papua, with a cleaner combined-cycle LNG (Liquefied Natural Gas) facility by 2027. This strategic shift is part of the company’s…
