Business News

Singapore Dominates Balikpapan Export Increase, Malaysia's Contribution Also Significant: China Remains the Main Destination

In July 2024, the Balikpapan Central Bureau of Statistics (BPS) reported that the city's total export value reached USD 518.27 million, marking a positive increase of USD 44.18 million or 9.32% compared to June 2024. This surge was primarily driven by significant increases in exports to several major destination countries.…

Vice President Inaugurates Encik Puan Perak Market and Inpres Road in Riau Islands, Presents Three Strategies to Strengthen Economy and Connectivity

The government continues to bolster strategic infrastructure to drive economic growth and enhance public welfare by constructing and renovating markets and improving roads in various regions. Over the past six years, 62 public markets have been built and renovated across 21 provinces, including the Riau Islands (Kepri). Through the Inpres…

Indonesia Boosts Fishery Export Opportunities to 10 African Countries

The Ministry of Marine Affairs and Fisheries (KKP) is pushing to enhance fishery export opportunities to 10 African countries, including Angola, Burundi, Ethiopia, Libya, Madagascar, Malawi, Nigeria, and Tanzania. One of the efforts to achieve this is through international fisheries training for African nations, with 20 participants from the 10…

Indonesia to Target 10% Bioethanol Blend in Fuel by 2030

The Indonesian Ministry of Energy and Mineral Resources (ESDM) is planning to implement a 10% bioethanol blend in public fuel (JBU) by 2030. Edi Wibowo, Director of Bioenergy at ESDM, stated that this target will be included in the revised Ministerial Regulation No. 32/2008 concerning the Provision, Utilization, and Trading…
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