Business News

Nickel Shows Indonesia How to Escape the Middle Income Trap

The value of Indonesia’s nickel exports surged tenfold in five years after it forced buyers to set up refineries in the country. Now Southeast Asia’s biggest economy plans to use that blueprint to catapult the nation into the ranks of higher-income economies by processing everything from copper to fish. The…

Indonesian Exports to 6 States under accreditation of Indonesian Consulate General in Frankfurt, Germany Increases Significantly in 2022

The value of bilateral trade between Indonesia and Germany showed a positive performance throughout 2022. This is clearly reflected in the value of trade recorded between Indonesia and 6 states accredited to the Indonesian Consulate General in Frankfurt which are the states of Baden-Württemberg, Bayern, Hessen, Nordrhein-Westfalen, Rheinland-Pfalz, and Saarland.…

Boosting National Exports, Deputy Minister of Agriculture Inaugurates the Prabumulih Pineapple Cultivation Area

Deputy Minister of Agriculture (Wamentan) Harvick Hasnul Qolbi inaugurated the Pineapple Plant Cultivation area in Karang Jaya Village, East Prabumulih District, South Sumatra. There, the Wamentan also planted 45 hectares of land.According to Deputy Minister Harvick, the pineapple commodity is a strategic commodity that has great potential in increasing exports.…

Indonesia Still Has 68 Unexplored Oil and Gas Basins

Indonesia still has 68 unexplored oil and gas basins across the archipelago, and the resource-rich country wants to ramp up its exploration, according to Energy Minister Arifin Tasrif on Tuesday.Government data shows that Indonesia is home to a total of 128 basins. The country’s oil and gas production comes out…
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