Business News
Export Value of Fish from Riau Islands Reaches IDR 354 Billion
The Animal, Fish, and Plant Quarantine Center (BKHIT) of Riau Islands (Kepri) reported that the region’s fish export value reached approximately IDR 354 billion annually. "For instance, in 2023, the volume of fresh fish exports was around 12,843 tons, equivalent to IDR 354 billion," said Dwi Sulistiyono, Acting Head of…
Batam Targets Rp115 Trillion in Investment Per Year to Boost Economic Growth
The Batam Free Trade Zone Authority (BP Batam) in Riau Islands is targeting an average annual investment of IDR 115 trillion over the next five years (2025-2030) to support a national economic growth of 8 percent. Muhammad Rudi, the Head of BP Batam and Mayor of Batam, is optimistic that…
Ministry of Industry Designs Monitoring Strategy for Petrochemical Imports
The Indonesian Ministry of Industry (Kemenperin) is developing a monitoring strategy for the petrochemical sector by refining the commodity balance system to track supply and demand more accurately. According to Wiwik Pudjiastuti, Director of Upstream Chemical Industry at Kemenperin, the system will provide data-driven insights into supply and demand dynamics,…
Indonesia to Cease Industrial Salt Imports by 2027, Minister Trenggono Outlines Strategy
Indonesia is set to end industrial salt imports by 2027, according to Minister of Marine Affairs and Fisheries, Sakti Wahyu Trenggono. The government plans to achieve this target by adopting modern technology and utilizing Nusa Tenggara Timur (NTT) as a hub for high-quality salt production. Trenggono emphasized NTT’s geographical and…
