Business News
Indonesia Postpones Higher Mineral Royalties and Export Duties to Support Industry Stability
Indonesia has decided to delay its plan to impose higher royalties and export duties on several mineral commodities as the government continues discussions with mining companies and industry stakeholders. Energy and Mineral Resources Minister Bahlil Lahadalia stated that the postponement aims to create a balanced policy framework that supports both…
Indonesia Expected to Become the World’s Fourth-Largest Aviation Market by 2030
Indonesia is projected to become the world’s fourth-largest aviation market by 2030, reflecting the country’s rapid growth in air transportation demand and expanding domestic connectivity. According to the International Air Transport Association (IATA), the country’s aviation sector is expected to continue strengthening alongside rising passenger mobility, economic development, and increasing…
Indonesia Develops Fragrance Hub to Strengthen Essential Oil Industry
Indonesia’s Ministry of Industry is accelerating the downstream development of the national essential oil sector through the establishment of the Flavor and Fragrance Center (PFF) in Bali. The center is designed to become a hub for innovation, training, and business incubation, supporting the production of high-value products such as perfumes,…
President Prabowo Prepares Major Investment in Indonesia’s Maritime Economy
President Prabowo Subianto reaffirmed Indonesia’s commitment to making major investments in the maritime and fisheries sectors to strengthen the national blue economy. During his visit to the Red and White Fishermen Village in Gorontalo, he emphasized that global demand for fish protein continues to rise, creating strong opportunities for Indonesia…
