Business News
Downstreaming in the Mining Sector Drives Increased Demand for Mining Transportation
Amid global economic uncertainties, Indonesia’s mining and energy sector continues to show promising growth, particularly with the government’s push for downstreaming (hilirisasi). Wisnu Wahyudin Pettalolo, Commissioner of PT Mineral Sumberdaya Mandiri, stated that the key to thriving in this challenging sector is innovation and adaptive business strategies. His company, which…
Batang Industropolis SEZ Secures IDR 1.1 Trillion in Investment by Mid-2025
The Batang Industropolis Special Economic Zone (SEZ) in Central Java, Indonesia, has attracted IDR 1.1 trillion (approx. USD 67 million) in new investments by the end of the first hall of 2025. Two strategic investors—PT Simba Indosnack Makmur and PT Jingxing Weiss Indonesia—have committed to developing export-oriented manufacturing facilities in…
Indonesia’s Trade Surplus Soars to USD 4.3 Billion in May 2025, Driven by Non-Oil Exports
Indonesia recorded a significant trade surplus of USD 4.3 billion in May 2025, a sharp increase from April’s modest surplus of USD 160 million. According to Pudji Ismartini, Deputy for Distribution and Services Statistics at Indonesia’s Central Statistics Agency (BPS), this improvement was driven by strong non-oil and gas (non-oil…
Government Promotes Batik on the World Stage
The government is highlighting batik not just as a patterned cloth, but as a work of high art that is full of symbols, philosophies, and local cultural values. UNESCO's recognition as a World Intangible Cultural Heritage since 2009 affirms the uniqueness of its making-from dyeing to natural colouring-that makes batik…
