Business News

Rising Demand Spurs Government Support for Major Export Opportunities in the Pre-Rolled Cone Industry

Employment absorption and foreign exchange earnings are key functions of the industrial sector that the government continues to promote. To this end, the government supports industries that innovate to enhance their competitiveness and expand their markets. One such industry is the pre-rolled cone industry, which is labor-intensive and export-oriented. “The…

KKP Urges Stakeholder Synergy to Optimize Canned Fish Downstreaming

The Ministry of Maritime Affairs and Fisheries (KKP) emphasizes the importance of synergy among stakeholders, including the Food and Drug Supervisory Agency (BPOM), the Ministry of Industry, the Investment Coordinating Board (BKPM), local governments, and associations, to enhance the competitiveness of canned fish products made from tuna, skipjack, sardines, lemuru,…

Supporting the Blue Economy, KKP Regulates Conservation Areas to Prohibit Ship Passage

The Ministry of Maritime Affairs and Fisheries (KKP) will regulate conservation areas to prohibit access and passage by ships, supporting Indonesia's blue economy. This initiative will be connected with the International Maritime Organization (IMO). Minister of Maritime Affairs and Fisheries, Sakti Wahyu Trenggono, emphasized this at United in Diversity (UID)…

Indonesian Government Accelerates Industrial Downstreaming in Papua through Infrastructure Development

The Investment Minister and the chief of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, affirmed the government's commitment to accelerating downstream processing in Papua by developing industrial infrastructure. In a statement made in Jakarta on Monday, Minister Bahlil outlined the acceleration plan, which includes constructing a smelter by PT Freeport…
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