Business News
Coal Reserves 31.7 Billion Tons, Government Optimizing for Domestic and Export
The coal industry is considered to still play an important role for energy needs in the next few years. For this year, the trend of high coal prices continues. Not only that, the European Union's plan to ban Russian coal exports will further encourage demand, especially from the European market.…
Demand Increases, North Sumatra's Rubber Exports Increase 18.1 Percent
Crude rubber exports from North Sumatra increased 18.1 percent in March 2022 compared to the previous month. The increase was mainly driven by rising demand from the main export destination countries, namely China, Brazil and Turkey. There was a sharp downward trend in export volume at the beginning of the…
Push for class promotion, Erick Thohir: SOEs are ready to invest in local brands
SOE Minister Erick Thohir revealed that SOEs are ready to invest in local brands so that these brands can advance to class. "Therefore, we are also ready to invest in local brands so that these brands can advance to class," said Erick Thohir when delivering a Public Lecture at the…
Indonesia Becomes an Example in ASEAN for a Strong and Sustainable Recovery Strategy
Since 2020, the Covid-19 pandemic has disrupted economic activities around the world, including the ASEAN region. In early 2022, despite signs of economic recovery in ASEAN, the global economic outlook is still shrouded in high uncertainty. “Current development challenges cannot be handled by individual countries. Collaboration at the global level,…
