Business News

Investment Realization in 2023 Surpasses IDR 7.3 Trillion in Bulungan

In Bulungan, the fourth quarter of 2023 witnessed a significant increase in investment, marking a notable achievement in surpassing the set target. Bupati Bulungan, Syarwani, revealed that the investment realization for the fourth quarter reached IDR 7.395 trillion, surpassing the target of IDR 6.136 trillion by 20.51%. This accomplishment, as…

Special Team Formed to Boost Tourism Around Kertajati Airport

The Ministry of Tourism and Creative Economy has established a dedicated team in collaboration with the West Java Province government to craft comprehensive tour packages centered around Kertajati Airport, also known as West Java International Airport (BIJB). This initiative aims to contribute to the economic development of the local community…

Investment of IDR 3.8 Trillion to Transform Batu Ampar Port into an International Transshipment Hub

The Port Enterprise Agency (BUP) of the Batam Indonesia Authority plans to elevate the Batu Ampar container port into an international transshipment hub with a substantial investment of IDR 3.8 trillion until 2025. In 2023, Batu Ampar Port contributed 76% to the total exports of the Riau Islands, reaching USD…

Advancing Fishery Implementation in Papua with Enhanced Logistic Ecosystem

The implementation of Measured Fish Capture (PIT) in Papua receives a boost from a robust logistic ecosystem. The Ministry of Maritime Affairs and Fisheries (KKP) recently soft-launched the ecosystem for fishery results in Zone II, the Biak-Surabaya corridor. This ecosystem-based management aims to streamline the supply chain of fishery products…
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