Business News

The Minister of Transmigration Officially Inaugurates the Export of Fermented Cocoa Beans from Polewali Mandar to Japan

The Minister of Transmigration, Muhammad Iftitah Sulaiman Suryanagara, launched the export of fermented cocoa beans to Yokohama, Japan. These agricultural products are from the transmigration area in Polewali Mandar, West Sulawesi, and are produced by PT. Untuk Indonesia Hijau, a micro, small and medium enterprise (UMKM) supported by Bank Indonesia.…

Bahlil Lahadalia: An Italian Company is Set to Invest IDR 150 Trillion in Kalimantan

The Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has announced that an Italian company, Eni, has expressed its intention to invest USD 10 billion (IDR 150 trillion) in East Kalimantan Province for natural gas production fields located off the coast of East Kalimantan (Makassar Strait). These fields include…

Temasek's Visit to Indonesia - Airlangga Encourages Investment in Startups and Green Energy

On 18 July 2025, Singtel Chairman and Temasek Board Member Lee Theng Kiat met with Coordinating Minister for Economic Affairs Airlangga Hartarto in Jakarta. The purpose of the meeting was to strengthen cooperation and explore portfolio expansion in various sectors. During the meeting, Airlangga acknowledged Temasek's significant contributions to the…

Indonesia's Steel Exports to the United States Reach 10,000 Tons

PT Tata Metal Lestari (PT TML), an Indonesian company, exported 10,000 tons of coated steel to the United States, with a total export value of USD 12.6 million or equivalent to IDR 205.38 billion (exchange rate of IDR 16,300). Despite the imposition of a 50% import tariff on steel by…
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