Business News

Government Enacts PP 39/2025—Cooperatives Permitted to Operate Mineral and Coal Mines

The Indonesian government has officially signed Government Regulation (PP) No. 39 of 2025, amending the earlier PP 96/2021, to allow cooperatives to manage mineral and coal mining operations. Under this new regulation, cooperatives—particularly those in mining-rich communities—can now be granted mining permits (WIUP) to explore and exploit mineral and coal…

Client of Bank Jatim Moorlife Succeeds in Exporting to Europe

A client nurtured by Bank Jatim, Moorlife, has achieved a significant milestone by exporting four containers of household plastic products to Romania and the Philippines (as part of broader Asian shipments), with a total value of around USD 411,730 (approximately IDR 6.7 billion). Moorlife is a partner under Bank Jatim’s…

USDEC and Indonesian Food-Beverage Group Sign MoU to Strengthen Cooperation

The US Dairy Export Council (USDEC) and Indonesia’s Food and Beverage Industry Association (GAPMMI) have signed a memorandum of understanding (MoU) aimed at deepening bilateral cooperation in dairy trade. The agreement outlines collaboration in areas such as participation in international standard-setting, sharing expertise to promote sustainable dairy production, and joint…

Indonesia’s Vanilla Exports from Bali Reach IDR 56 Billion in Q3

In the third quarter of 2025, Bali’s vanilla exports surged to approximately IDR 56.5 billion, reflecting a notable increase driven by stronger global demand. According to the Bali Quarantine Agency, export value more than doubled compared to earlier quarters — Q3 alone contributed around IDR 28.7 billion, versus about IDR…
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