Business News
ESDM Still Evaluating the 2023 Copper Export Permit Extension Plan
The Ministry of Energy and Mineral Resources (ESDM) is still evaluating plans to apply for an extension of PT Freeport Indonesia's (PTFI) copper concentrate export license for the 2023 period. Special Staff to the Minister of Energy and Mineral Resources Irwandy Arif said his ministry was still studying a number…
Government Claims Bali Turtle SEZ Can Donate IDR 477 Trillion
The Coordinating Minister for the Economy Airlangga Hartarto projects that the Bali Turtles Special Economic Zone (SEZ) can contribute to the country's foreign exchange in the long term. Cumulatively, the value until 2052 is estimated at Rp. 477 trillion. With a total investment value of IDR 104 trillion, in addition…
KKP Opens Investment Door in Cenderawasih Bay Area
The Ministry of Maritime Affairs and Fisheries (KKP) opens opportunities for anyone to develop the marine and fisheries sector in the Cenderawasih Bay area, Papua.The Ministry of Maritime Affairs and Fisheries demonstrated opportunities that could be optimized in Biak Numfor, Sarmi, Yapen Islands and Waropen Regencies through the Maritime and…
Booked Exports of IDR 85.5 Trillion, the Automotive Industry Becomes a Foreign Exchange Hero
The automotive industry in the country in 2022 will show quite a brilliant performance. Inflationary pressures in various countries and the impact of the Russia-Ukraine war had no effect on the rate of Indonesia's car exports."National four-wheeled vehicle manufacturing has succeeded in becoming a foreign exchange hero with the ability…
