Business News
Legislators Urge Government to Quickly Issue Government Regulation Derivatives of the Mineral and Coal Mining Law
A member of Indonesia’s House Commission XII, Ratna Juwita Sari, is pressing the government to immediately enact regulations (Government Regulations, or PP) under the new Mineral and Coal Mining Law (UU Minerba). She emphasizes that all derivative rules must be issued no later than six months after the law’s enactment—per…
Official Export of Kratom Commodities from West Kalimantan Achieves 343 Tons, IDR 15 Billion
The West Kalimantan branch of the Animal, Fish, and Plant Quarantine Agency (BKHIT) has officially launched a kratom export program, achieving a total shipment volume of 343 tons worth approximately IDR 15 billion (about USD 1 million). The export was carried out at Dwikora Port in Pontianak on September 30,…
Indonesia Strengthens National Carbon Market Integrity Through Global Collaboration
Indonesia is intensifying its efforts to elevate its carbon market’s international competitiveness by forging strategic partnerships and aligning with global standards. Key initiatives include a Mutual Recognition Agreement (MRA) between the Indonesian Greenhouse Gas Emissions Reduction Certification (SPEI) and Verra’s Verified Carbon Standard (VCS), an agreement to adopt methodologies with…
Indonesia Begins Building 92 MW (MegaWatt) Floating Solar Farm
Indonesia’s state electricity company, PLN, has initiated construction on a 92-megawatt-peak floating solar power facility at the Saguling reservoir in West Java, targeting commercial operation by November 2026. The plant is expected to generate more than 130 GWh (GigaWatt-hour) annually, which would help Indonesia avoid roughly 104,000 tons of CO₂…
