Business News
Indonesia Poised to Lead Southeast Asia’s Creative Industry
Indonesia's Minister of State-Owned Enterprises (BUMN), Erick Thohir, stated that Indonesia's creative industry has the potential to become the largest in Southeast Asia. However, realizing this potential requires adaptation to change and the optimization of Indonesia's vast resources to remain competitive. In a statement shared on Instagram on Sunday, 25…
Indonesia Emerges as a Leading LNG Investment Hub in Southeast Asia
Indonesia and Malaysia are set to become the primary drivers of upstream oil and gas investments in Southeast Asia, thanks to significant new liquefied natural gas (LNG) discoveries and carbon capture projects. According to BMI, the research arm of Fitch Solutions, the total capital expenditure (capex) by the four major…
Government Reports Labuan Bajo Investment Realization Reaches IDR 570 Billion
The Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, reported that investment realization in Labuan Bajo reached nearly IDR 570 billion in the first quarter of 2024. He anticipates further increases in investment, bolstered by the development of supportive infrastructure in the region. Since 2020, Labuan Bajo, East Nusa…
Salt Production from Sabu Raijua Regency Has Export-Quality Standards
The Ministry of Marine Affairs and Fisheries (KKP) has highlighted that salt produced in Sabu Raijua Regency, East Nusa Tenggara, meets export quality standards despite being traditionally processed. Victor Gustaaf Manoppo, Director General of Marine and Coastal Management, stated that the salt from Sabu Raijua, with a NaCl content of…
