Business News
Investment in the Fisheries Sector Reaches IDR 9.5 Trillion
In a notable development, the investment in the fisheries sector experienced a significant surge last year. Indonesia's Minister of Maritime Affairs and Fisheries, Sakti Wahyu Trenggono, revealed that the investment in the country's maritime and fisheries sector skyrocketed by 49.52% to reach IDR 9.56 trillion by the fourth quarter of…
Two Giant Exploration Wells Put Indonesia Back on the World Oil and Gas Upstream Industry Map
Indonesia makes a significant return to the global upstream oil and gas industry map with the discovery of Geng North and Layaran, both classified as world-class findings in 2023. The Head of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), Dwi Soetjipto, expresses the commitment…
Realization of Investment in South Sulawesi Reaches IDR 16 Trillion Throughout 2023, Up by 113%
In 2023, South Sulawesi (Sulsel) achieves an impressive investment realization, reaching IDR 16.451 trillion, a remarkable 113% increase, surpassing the national target. The collaboration of various stakeholders, particularly the One-Stop Integrated Service and Investment Office (DPMPTSP) in regencies and cities, contributes to this success, with Secretary Idham Kadir highlighting the…
Realization of Investment in 2023 in Purwakarta Regency Reaches IDR 14.8 Trillion
Kabupaten Purwakarta in West Java surpassed investment targets, attracting Rp14.8 trillion in 2023, signaling a robust investment climate with 156.6% achievement. Secretary of Purwakarta Regency, Norman Nugraha, attributes this success to the region's security stability, creating investor confidence and exceeding both provincial and national investment achievements. Norman details the investment…
