Business News
Jokowi will Deposit Rp 50 Trillion in BUMN Shares to the Investment Management Institution
Indonesia will have an Investment Management Institution or a Sofereign Wealth Fund called the Indonesia Investment Authority (INA) earlier this year. President Joko Widodo confirmed that the government will deposit Rp 15 trillion in cash capital and Rp 50 trillion worth of BUMN shares to the institution. "I was also…
Little Evidence Coffee Companies' Sustainability Efforts Have Impact: Report
There is little evidence efforts by the world’s top coffee roasters and traders to prevent human rights and environmental abuses are having any impact, with most farmers operating at a loss and unable to produce sustainably, a major coffee report said on Thursday. The Coffee Barometer, written by a group…
KKP Will Build 10 Thousand Ha Shrimp Estate in East Aceh
The Ministry of Marine Affairs and Fisheries (KKP) together with the local government plans to build a shrimp estate in East Aceh District, Aceh Province. This is in order to encourage shrimp cultivation in the country. Minister of KKP Sakti Wahyu Trenggono said that the construction of shrimp estate in…
Overcoming Scarcity in the Future, Batan Develops New Varieties of Soybeans
The National Nuclear Energy Agency (Batan) launched new soybean varieties named Sugenta I and Sugenta II. Batan claims that this soybean variety will bear fruit more quickly so it is hoped that it can overcome the problem of soybean scarcity in the future. Head of Batan Anhar Riza Antariksawan said…
