Business News
Freeport Reveals Plans to Switch from Coal to LNG for Mine Power Generation
Freeport Indonesia (PTFI), under the leadership of President Director Tony Wenas, is planning to replace its 200 MW coal-fired boiler-based power plant catering to its mining operations in Mimika, Central Papua, with a cleaner combined-cycle LNG (Liquefied Natural Gas) facility by 2027. This strategic shift is part of the company’s…
Wanam was Designed as a National Strategic Project (PSN) for the National Food Reserve Centre
The Indonesian government has designated Wanam in Merauke as a National Strategic Project (PSN), aimed at establishing a “food satellite” region under the direction of President Prabowo Subianto. This initiative is anchored in Presidential Decree No. 19 of 2025 and Presidential Instruction No. 14 of 2025, which mandate accelerated development…
Tiger Prawn Reigns Supreme: Kaltim’s Dominant Export Fishery Asset
Tiger prawn (Penaeus monodon) has clearly established itself as the powerhouse of East Kalimantan’s fishery exports. As of July 2025, prawn exports generated IDR 164.4 billion out of the IDR 256 billion total raised by fisheries exports, constituting approximately 64% of Kaltim’s export value in the sector. The dominance of…
Jawa Tengah Dares to Go Global”: New Strategic Book Guides Central Java’s Export Ambitions
The Indonesia Eximbank Institute has released a pivotal new study titled “Jawa Tengah Berani Mendunia” a strategic roadmap aimed at elevating Central Java (Jawa Tengah) as a powerhouse in Indonesia’s export landscape. Launched on the 80th anniversary of the province, the book emerges from a cross-sector collaboration involving the provincial…
