Business News
Welcoming the G20 Summit, Minister of Transportation Accelerates the Electric Vehicle Ecosystem
Minister of Transportation Budi Karya Sumadi signed a Memorandum of Understanding between Intelligent Transport System (ITS) Indonesia and the World Resources Institute (WRI) Indonesia, regarding cooperation in accelerating low-emission transportation policies in Bali Province. The Minister of Transportation appreciated the collaboration of various parties in order to provide support for…
Market Certainty & Clear Rules, Textile Industry Ready for Jumbo Investment
The textile industry will again make a jumbo investment this year. Large numbers of investors are made because industry players have secured several regulations that guarantee the certainty of the domestic market. Major investments will be made to produce rayon and polyester. "Upstream production will add an investment of IDR…
Although Global Prices Rise, Soybean Stock for Tofu and Tempe Production is Guaranteed Safe
The Director General of Domestic Trade at the Ministry of Trade (Kemendag) Oke Nurwan emphasized that the government guarantees that the current stock of soybeans is sufficient and safe to meet national needs, especially for the production of tofu and tempeh craftsmen. Okay, this is confirmed even though there is…
Ministry of Energy and Mineral Resources Offers 12 Oil and Gas Blocks to Investors
The Ministry of Energy and Mineral Resources offers 12 oil and gas (oil and gas) blocks or working areas (WK) to investors in 2022. The contracts offered will be more flexible in order to increase upstream oil and gas business activities in Indonesia. Director General of Oil and Gas at…
