Business News
The Performance of Indonesia's Non-Oil and Gas Main Commodity Import Values Reaches USD 5.96 Billion
The Central Statistics Agency (BPS) recorded the value of Indonesia's non-oil and gas main commodity imports reaching USD 5.96 billion or approximately IDR 93.25 trillion (assuming an exchange rate of IDR 15,646) in February 2024. Acting Head of BPS, Amalia Adininggar Widyasanti, stated that the total portion of imports for…
ICAEW: Presidential Decree 14/2024 Indonesia's Strategic Investment in Clean Energy
The Institute of Chartered Accountants in England and Wales (ICAEW) regards Indonesia's Presidential Regulation No. 14 of 2024 on Carbon Capture and Storage as a strategic investment move in the clean energy sector. Head of ICAEW Indonesia, Conny Siahaan, emphasizes the significance of implementing this regulation, particularly amid increasing global…
The Minister of Agriculture Asked Regions to Maximize Pumping for Agricultural Waters
Minister of Agriculture, Andi Amran Sulaiman, urges all districts and cities across Indonesia to intensify pump irrigation by utilizing nearby water sources, whether from rivers or reservoirs, for agricultural irrigation. This initiative aims to anticipate the prolonged extreme weather conditions of El Nino, which have persisted since 2023. Currently, approximately…
Four Promising Potential Blue Economy Sectors for Indonesia
Indonesia is prioritizing the development of its blue economy sector as outlined in the RPJPN 2025-2045, aiming to double its contribution to the country's GDP to 15% by 2045, up from 7.92% in 2022, potentially generating 45 million new job opportunities. Aditya Subiyakto, co-founder of Ravenry, a market research startup,…
