Business News
Palm Oil Prices Rise for Two Consecutive Days, Melt and Olein Exports Boost Optimism
Crude palm oil (CPO) prices on the Bursa Malaysia Derivatives Exchange rose again on Monday (August 18, 2025), remaining above MYR 4,500 per metric ton. The November contract price rose by MYR 7, or around 0.82%, for the second consecutive trading session, according to Reuters. Oliver David Ng of Iceberg…
Fakfak's Nutmeg Has Huge Export Potential, But Needs Downstream Processing and Local Capacity
Fakfak Regency, West Papua, is known as a center for nutmeg cultivation, with approximately 18,500 hectares of cultivated land and an annual production of nearly 18,000 tons. This leading commodity has even emerged as a supplier of Indonesian nutmeg and mace to the European market, thanks to the superior quality…
The Indonesian Pavilion at World Expo 2025 Attracts Foreign Investment of USD 23.5 Billion
On 18 August 2025, Director of the Indonesian Pavilion Rahmat Mulianda stated in an official statement that the Indonesian Pavilion at the 2025 World Expo in Osaka has secured investment commitments totalling USD 23.5 billion in the sectors of sustainability, green industry, creative economy, trade, waste management, and tourism. As…
New Policy at Ketapang Port: Trucks Must be Marked with Stickers, Resulting in a More Effective Queue
The policy of placing stickers on selected vehicles entering Ketapang Port has been in effect for 10 days. Following a thorough evaluation, it has been found that the strategy is effective in reducing vehicle queues. The East Java Department of Transportation has confirmed that the policy will continue in effect…
