Business News

BESS Project Construction Begins in Palu SEZ Targeting IDR30 Trillion Investment

The construction of the Battery Energy Storage System (BESS) project has officially started in the Palu Special Economic Zone (SEZ), Central Sulawesi, with a targeted investment value of approximately USD1.75 billion or around IDR30 trillion. The project is being developed through a partnership between PT Bangun Palu Sulawesi Tengah and…

Indonesia Accelerates Copper Downstreaming to Strengthen National Defense Industry Independence

Indonesia is accelerating copper downstream development to strengthen the country’s defense industry independence and reduce reliance on imported ammunition materials. Although Indonesia controls around 3% of the world’s copper reserves, the country still imports key raw materials for ammunition production. To address this challenge, the government and state-owned enterprises are…

Indonesia Positions Museums as Drivers of Identity and Cultural Economy

Indonesia’s Ministry of Culture is strengthening the role of museums as strategic institutions that preserve national heritage, promote education, and support Indonesia’s cultural economy. During the International Museum Day 2026 Cultural Oration at the National Museum in Jakarta, Minister of Culture Fadli Zon emphasized that museums are not only spaces…

Tilapia Emerges as Indonesia’s New Strategic Asset in European Fisheries Market

Indonesia’s aquaculture sector has achieved a significant breakthrough as local tilapia products successfully penetrate the highly competitive European market. This accomplishment marks a new milestone for the national fisheries industry, positioning tilapia as a premier export commodity capable of meeting Europe’s stringent food safety and sustainability standards. The successful expansion…
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