Business News
Bontang’s Investment Realization Surpasses IDR 2.7 Trillion in 2024
The investment realization in Bontang reached IDR 2.7 trillion in 2024, reflecting a 12.97% increase compared to 2023. According to the Bontang Investment and One-Stop Integrated Service Agency (DPMPTSP), this achievement highlights strong investor confidence in the city’s investment climate. Head of DPMPTSP, Muhammad Aspiannur, emphasized the government's commitment to…
Footwear Industry Flourishes as Domestic Demand Strengthens Over the Last Three Months
The Indonesian Footwear Association (Aprisindo) reported a significant increase in new domestic orders for footwear over the past three months, largely driven by the upcoming Eid celebrations. This surge has contributed to the improvement of Indonesia’s Manufacturing Purchasing Managers’ Index (PMI), which rose to 53.6 in February 2025 from 51.9…
South Kalimantan’s Exports Reach USD 828.06 Million
South Kalimantan’s exports reached USD 828.06 million in January 2025, marking a 10.12% decline from December 2024 and a 17.48% decrease compared to January 2024. The mineral fuels sector (HS 27) remained the largest contributor, accounting for USD 751.28 million (90.73% of total exports). Other major exports included animal/vegetable fats…
Minister of Trade Released the First Export of Kratom – valued at USD1.053 million
The Minister of Trade, Budi Santoso, released the first export of kratom produced by PT Oneject Indonesia to the United States and Europe, with an export value of USD 1.053 million. Kratom exports are regulated through Minister of Trade Regulation (Permendag) No. 21/2024 and Permendag No. 20/2024, stipulating that business…
