Business News
Ministry of Industry Highlights New Economic Opportunities from Palm Sap for Farmers
The Ministry of Industry continues to enhance the added value and competitiveness of Indonesia’s palm oil industry through downstreaming policies focused on five key sectors: palm cooking oil, oleofood (edible fats), oleochemicals, phytonutrients, and biomass/biomaterials. One tangible step is the facilitation of a Cooperation Agreement (PKS) between PalmCo/PTPN IV and…
IIF's Strategic Steps in Supporting the National Digital Economy
PT Indonesia Infrastructure Finance (IIF) continues to strengthen its strategic role in supporting the growth of Indonesia’s digital economy. As a catalyst for sustainable infrastructure development, IIF has disbursed over IDR 3.1 trillion in financing for the telecommunications and information sectors by 2024. In an era of accelerating digital transformation,…
Bukit Asam Achieves Strong Profit of IDR 5.1 Trillion, Driven by 30% Surge in Exports
PT Bukit Asam Tbk (PTBA), a key member of the state-owned mining holding MIND ID, reported a net profit of IDR 5.1 trillion in 2024, propelled by a 30% year-on-year increase in coal exports, which reached 20.26 million tons. The company also saw an 11% rise in revenue to IDR…
Indonesia and New Zealand Strengthen Onion Trade Protocols to Ensure Quality and Safety
Indonesia and New Zealand have officially updated their export-import protocols for onions to better safeguard agricultural biosecurity. The revised agreement, made between Indonesia's Agricultural Quarantine Agency (Barantin) and New Zealand’s Ministry for Primary Industries, aims to prevent the entry of quarantine plant pests (OPTK) and reinforce the phytosanitary compliance of…
