Business News
Ministry of Industry: Licensing Deregulation Gives Room for Industry Players to Stay Competitive
The government remains committed to sustaining the competitiveness and long-term growth of the national manufacturing sector amid global economic uncertainty and rising import pressure in the domestic market. One key step taken is the revocation of Ministry of Trade Regulation (Permendag) No. 36/2023 along with Permendag No. 8/2024, and the…
The Crucial Role of Coal in the National Economy and Industry
Coal is more than just a mining commodity; it plays a key role in supporting the economy and industry, particularly in Indonesia. Despite global efforts to shift toward renewable energy, coal remains essential, especially in electricity generation. Around 60% of Indonesia’s electricity supply still comes from coal-fired power plants (PLTU),…
Brebes Exports 11,800 Tonnes of Shallots to Malaysia
Brebes, Central Java, recorded a new history by releasing the first export of 11,800 tonnes of shallots to Malaysia. This export was carried out by the Agro Tani Makmur Indonesia Cooperative and facilitated by the Central Java Provincial Agriculture and Food Security Office and related agencies. This flagship commodity from…
Inaugurated by Prabowo, Battery Factory in Karawang Can Supply 300,000 Cars per Year
President Prabowo Subianto has officially inaugurated the development of Indonesia’s integrated electric vehicle (EV) battery ecosystem in Karawang, West Java. The battery plant is expected to reach a production capacity of 15 gigawatt hours (GWh) by 2028, starting with 6.9 GWh in its initial phase. According to Minister of Energy…
