Business News
Jokowi Prepares Special Incentives to Stimulate Investors to Invest in New Capital City
President Joko Widodo (Jokowi) will finalize a draft government regulation (RPP) for incentives for business actors who will do business in the new capital city of archipelago (IKN Nusantara). Hopefully it will attract the private sector to invest in IKN. Head of the Archipelago Capital Authority (IKN) Bambang Susantono said…
BPS: South Sulawesi Trade Balance Surplus USD 547 Million
The Central Statistics Agency (BPS) recorded that the export transaction value of South Sulawesi Province in January-August 2022 was recorded at USD 1.299 billion or a surplus of USD 549.66 million million compared to the import balance of USD 749.52 million in the same period. Head of BPS South Sulawesi…
Great Hopes for West Sumatra's Exports to Grow as International Flights Have Been Opened
International flights at Minangkabau International Airport (BIM) were officially re-opened on October 1, 2022. The opening of this international flight is considered to be a big hope for exports in West Sumatra, because so far West Sumatra's exports have turned into domestic shipping commodities. Head of the Padang Agricultural Quarantine…
Largest in History, Indonesian Coal Exports Sail to Europe
The first largest in history, coal exports from Indonesia to Europe reached a fantastic amount. The Indonesian Coal Mining Association (APBI) noted that Indonesia's coal exports to Europe reached up to 3.5 million tons to 4 million tons by October 2022. As is well known, Europe is in need of…
