Business News
Indonesia's Coal Exports Reach All-Time High
In 2023, Indonesia's coal production surged by 12%, and coal exports increased by 10%, as reported by S&P Global Platts. This led to record-breaking figures in both production and exports, reaching 775.2 million tons and 508.0 million tons respectively, marking historical highs in statistical observations. The majority share of coal…
Indonesia Ranks Second Globally in Ornamental Fish Exports, Opening Opportunities for Business Expansion
The Director General for the Strengthening of the Competitiveness of Marine and Fisheries Products at the Ministry of Maritime Affairs and Fisheries, Budi Sulistiyo, highlights the lucrative potential for the development of ornamental fish export businesses in Indonesia. Budi emphasizes the economic value generated from the hobby of ornamental fishkeeping,…
26% of IDR 1,418 Trillion Investments in Indonesia in 2023 Directed to Downstream Sectors
The Minister of Investment and Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, revealed that out of the total investment realization of IDR 1,418 trillion that flowed into Indonesia in 2023, 26% was directed towards downstream sectors. Speaking at The Ritz-Carlton Jakarta Pacific Place on January 31, Bahlil emphasized…
Pariaman Municipal Targets IDR 61 Billion Investments in 2024
The municipal government of Pariaman in Sumatera Barat, Indonesia, has set an ambitious investment target of IDR 61 billion across various sectors for the year 2024. To achieve this goal, the local government, led by Gusniyetti Zaunit, the Head of the One-Stop Integrated Investment and Manpower Service Agency, is taking…
