Business News
Seaplane Tours Could Be the Future of Luxury Travel in Indonesia
The Ministry of Transportation is eyeing seaplane transportation as a new form of luxury travel in Indonesia post-pandemic. The ministry's Transportation Human Resources Development Agency is developing a specialized pilot training course for seaplanes in Banyuwangi. Indonesia’s geographic landscape sparked this fresh interest in seaplane transportation. Sugihardjo, Head of the…
Gapki: Exports of CPO and Its Derivatives Rose Three Percent, Reaching 2.76 Million Tons
The Indonesian Palm Oil Association (Gapki) noted that exports of crude palm oil (CPO) and its derivatives grew 3 percent to 2.76 million tons in September 2020, from the previous month (mom) 2.68 million tons in August 2020. Gapki Executive Director Mukti Sardjono explained that the growth in export volume…
Ministry to Expedite PPP Projects Worth Rp 76 Trillion
The Public Works and Housing Ministry has vowed to expedite the preparation of seven Infrastructure projects are worth Rp. 76.37 trillion (US $ 5.4 billion), funded through public-private partnership (PPP) schemes, to progress by early next year, as it seeks to lure more private investment. They consist of six toll…
The First Day of the 35th Trade Expo Indonesia Recorded a Trade Contract of USD 467.92 Million
The first day of the implementation of the 2020 Trade Expo Indonesia Virtual Event (TEI-VE), the buying mission program managed to record a trade contract of USD 467.92 million. This achievement stems from the signing of 24 memorandum of understanding (MoU) between Indonesian companies and companies from Japan, the Netherlands,…
