Business News

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…

Indonesia Explores U.S. Investment Opportunities at 47th ASEAN Summit

Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, engaged with U.S. Under Secretary of State Jacob Helberg at the 47th ASEAN Summit in Kuala Lumpur on October 26, 2025, to discuss strategic economic collaboration. The discussions focused on high-potential sectors including nickel and critical mineral refining, advanced semiconductors, artificial intelligence,…

Southeast Sulawesi Exports 11.7 Tons of Squid Worth IDR 838 Million to Vietnam

The Southeast Sulawesi provincial government has exported 11.7 tons of squid (Loligo sp) from Bumi Anoa to Vietnam, valued at IDR 838 million. Deputy Governor Hugua stated that this export reflects a positive trend in the region’s fisheries sector and highlights the significant potential of local marine resources. He emphasized…
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