Business News
Palm Oil Contributes Significantly to Indonesia's Exports, Says Minister
Indonesia's food and beverage industry, particularly palm oil, has contributed significantly to the country's exports, in addition to base metal industry and chemical product and chemical industry. The food and beverage industry contributed US$9.69 billion, the base metal industry at US$5.87 billion, and the chemical product and chemical industry amounting…
Why Indonesia makes for a solid investment: Fidelity
As we look ahead at the trajectories of Asean nations coming out of the pandemic, which markets, and which sectors will make solid investments? Fidelity’s Portfolio Manager, Madeleine Kuang, discusses the drivers and opportunities that make Indonesia an attractive market for entry. Indonesia lies at the heart of the Asean…
Minister: Indonesia now world’s largest biodiesel producer
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said on April 26 that India is now the world’s largest biodiesel producer with a daily output of 137,000 barrels, much higher than the US with 112,000 barrels, Brazil 99,000 barrels and Germany 62,000 barrels. This success has positioned Indonesia as a…
The Ministry of Investment has a fiscal role for specific investor needs
The transformation of the Investment Coordinating Board (BKPM) into the Ministry of Investment is expected not only to change the nomenclature of the institution, but to expand its functions and powers. This is necessary so that the main objective of this ministry to be established, namely to attract investment, can…
