Business News
Encouraging Downstreaming, Processed Nickel from Obi Island, North Maluku Begins to be Exported
Ternate Customs facilitates the first export of nickel processing products in the form of ferronickel owned by PT. Karunia Permai Sentosa on Obi Island, North Maluku. The first export was carried out last week, with direct delivery through the port owned by PT. Karunia Permai Sentosa on Obi Island. The…
SKK Migas Collaborates with Canadian Companies to Increase Oil Production
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) officially signed a Memorandum of Understanding (MoU) with a Canadian oil and gas company, FalconRidge Oil Ltd (FalconRidge). This collaboration includes the development of petrophysics, geology and geophysics, hydrocarbon exploration, and other production. The signing of the…
National SEZ Council: RI Needs IDR 13 Trillion Investment in the Next Five Years
The National Council of Special Economic Zones (KEK) said that Indonesia needs an investment of IDR 13 trillion in the next five years to achieve economic growth of 8%, in accordance with President Prabowo Subianto's target. For this year, the National Council of KEK noted that the investment target set…
Trump Becomes U.S. President, Indonesia Has Opportunity to Boost Investment and Exports
The Center of Reform on Economics (CORE) Indonesia has analyzed that the protectionist trade policies of U.S. President Donald Trump could have a positive impact on Indonesia’s investment, exports, and GDP. According to CORE economist Sahara, these protectionist measures could lead to a 0.04% increase in both investment and exports…
