Business News

Nirup Island Officially Launched as New Tourist Destination in Riau Islands, with Investment Reaching IDR 900 Billion

On 3 June 2025, the Minister of Transmigration, Muhammad Iftitah Sulaiman Suryanagar, a officially launched The Westin Nirup Island Resort and Spa Batam, witnessed by Batam Mayor Amsakar Achmad. The Westin Nirup Island Resort and Spa Batam is a luxury resort under the Marriott International chain on Nirup Island, with…

The Minister of Trade Released the Export of 350,000 tons of L-Tryptophan, Valued at IDR 35 Trillion, from Pasuruan to China

On 3 June 2025, Indonesian Trade Minister Budi Santoso launched the export of 350,000 tonnes of L-Tryptophan products from PT Cheil Jedang Indonesia (CJI) in Pasuruan to China, with a production value of IDR 35 trillion. The export launch was conducted in a symbolic manner with the departure of export…

The Ministry of Maritime Affairs Collaborates with China to Establish Maritime Vocational Campus

The Ministry of Maritime Affairs and Fisheries has partnered with China to develop maritime science and technology. This partnership has led to the establishment of the Ocean Institute of Indonesia (OII), a vocational college focusing on maritime and fisheries education and technology. This technical cooperation involves the exchange of scientists…

Ministry of Public Works Offers Four Infrastructure Projects to the Private Sector, Including Toll Roads and Dams

The Director General of Infrastructure Financing at the Ministry of Public Works, Rachman Arief, has stated that the Ministry will offer several projects to investors under a Public-Private Partnership (Kerjasama Pemerintah dan Badan Usaha/KPBU) scheme. These include three toll road projects include the Pejagan-Cilacap Toll Road, the Gilimanuk-Mengwi Toll Road,…
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