Business News
The Minister of Trade Released the Export of 350,000 tons of L-Tryptophan, Valued at IDR 35 Trillion, from Pasuruan to China
On 3 June 2025, Indonesian Trade Minister Budi Santoso launched the export of 350,000 tonnes of L-Tryptophan products from PT Cheil Jedang Indonesia (CJI) in Pasuruan to China, with a production value of IDR 35 trillion. The export launch was conducted in a symbolic manner with the departure of export…
The Ministry of Maritime Affairs Collaborates with China to Establish Maritime Vocational Campus
The Ministry of Maritime Affairs and Fisheries has partnered with China to develop maritime science and technology. This partnership has led to the establishment of the Ocean Institute of Indonesia (OII), a vocational college focusing on maritime and fisheries education and technology. This technical cooperation involves the exchange of scientists…
Ministry of Public Works Offers Four Infrastructure Projects to the Private Sector, Including Toll Roads and Dams
The Director General of Infrastructure Financing at the Ministry of Public Works, Rachman Arief, has stated that the Ministry will offer several projects to investors under a Public-Private Partnership (Kerjasama Pemerintah dan Badan Usaha/KPBU) scheme. These include three toll road projects include the Pejagan-Cilacap Toll Road, the Gilimanuk-Mengwi Toll Road,…
Submit Initial Memorandum, Government Optimistic OECD Accession Will Be Completed in 2027
The government remains committed to the target of accession to become a member of the Organisation for Economic Co-operation and Development or OECD for 3 years, starting from 2024, after submitting the initial memorandum document. Secretary of the Coordinating Ministry for Economic Affairs Susiwijono Moegiarso said that Coordinating Minister for…
