Business News
Pupuk Kujang Cikampek Builds Indonesia’s First NPK-Nitrate Fertiliser Plant to Reduce Imports
The Indonesian fertilizer company PT Pupuk Kujang (Cikampek) plans to build the nation’s first plant producing nitrate-based NPK fertilizer, with an annual capacity of about 100,000 tons. This move responds to the fact that Indonesia currently imports roughly 500,000 tons of NPK-nitrate fertilizer from Europe and China. The company began…
Inegena Village in NTT Wins National Award Thanks to Candlenut Exports
In the remote village of Desa Inegena, located in North Bajawa District, Kabupaten Ngada, East Nusa Tenggara (NTT), the local community has achieved a remarkable milestone by earning the national “Best Integrated Village Economic Transformation” award for 2024. The recognition reflects the success of the village’s candlenut (kemiri) industry which…
Banua Sidat Expands Eel Fish Export Cooperation, Facilitated by ITPC Shanghai with a Potential Transaction of IDR 239 Billion per Year
The company CV Banua Sidat from Central Sulawesi is expanding its export reach of wild-caught eel fish (specifically the Anguilla marmorata species) by engaging in business matching with Chinese buyers through the facilitation of the Indonesia Trade Promotion Center (ITPC) in Shanghai. The initiative follows the company’s participation in the…
Singapore and China to Supply Solar-Plus-Storage Power from Indonesia
Singapore-based company Equator Renewables Asia (ERA) and China’s CRE International Co. Ltd. (CREI)—a subsidiary of the state-owned China National Nuclear Corporation—have signed a framework agreement to jointly invest in and build a large renewable-energy project in Indonesia’s Riau Islands. The project consists of a 900 MW solar power capacity plus…
