Business News
Government to Reallocate 100,000 Tonnes of Meat Import Quota to Private Sector
On 12th February 2025, the Coordinating Ministry for Food held a limited coordination meeting to discuss the government's latest decisions on beef imports. The government has decided to reallocate the beef import quota from 80,000 to 180,000 tonnes, returning it to private sector businesses. This decision follows concerns raised by…
Indonesian Micro, Small, and Medium Enterprises Export Candlenuts to Saudi Arabia Worth IDR 2.4 Billion
PT Agraria Indonesia Berdaya (Agradaya) and Rose Asia Est For Foodstuffs, a Saudi Arabian company, have signed a memorandum of understanding (MoU). This marks a commitment to export candlenuts worth USD 150 thousand (IDR 2.4 billion) over the next two years. Agradaya is one of the micro, small and medium…
Ministry of Industry to Regulate Industry-Specific Carbon Trading
The Ministry of Industry will be implementing a regulation on carbon trading with a focus on the industrial sector. Initially, this policy will be mandatory for four industries: cement, fertiliser, steel and paper. These sectors have been identified as emitters with significant potential for reduction, as determined by the Ministry…
Inpex Targets Final Investment Decision for the Masela Block to be Completed by 2027
Inpex Corporation (INPEX) is targeting the final investment decision (FID) for the Abadi liquefied natural gas (LNG) project in the Masela Block to be completed by 2027. According to a Reuters report on Thursday (February 13), this move is part of their efforts to expand the supply of Liquefied Natural…
