Business News
Rempang and Galang Targeted by Investors for Development into New Economic Zone
The islands of Rempang and Galang are expected to become a new economic zone in Batam, Indonesia, with plans for large-scale investment to develop the area into the largest glass factory in Asia. The Head of BP Batam, Muhammad Rudi, has met with the Shenzhen Greater Bay Area Financial Institute…
Bengkulu's Huge Potential for Islamic Economy Development
The province of Bengkulu in Indonesia has significant potential for the development of Islamic economy. This aligns with the national policy direction where the development of Islamic economy and finance in Indonesia is expected to be at the forefront and leading globally, as per The State of the Global Islamic…
Indonesia's Trading Performance Increased Steadily
The Indonesian Deputy Minister of Trade has showcased the performance of Indonesia's trade sector, highlighting its continued growth in recent years. According to the Deputy Minister, Indonesia's non-oil and gas exports in 2021 reached USD 207.6 billion, up from USD 176.4 billion in 2020. The country's imports also increased, reaching…
Ministry of Energy and Mineral Resources Offers Three Oil and Gas Working Areas to Increase Production
The Indonesian Ministry of Energy and Mineral Resources (ESDM) has offered three oil and gas working areas to investors as part of efforts to increase production. The three working areas are located in West Papua, North Maluku, and West Sulawesi. According to the Director General of Oil and Gas at…
