Business News
Indonesia Seeks USD 14 Billion Investment to Power Sulawesi Smelters
The Indonesian government requires an investment of USD 14 billion, equivalent to IDR 226.58 trillion, to meet Sulawesi's electricity needs by 2030. This investment includes USD 10.7 billion for power plants, USD 2.3 billion for transmission, and USD 1 billion for substations. The primary demand in Sulawesi is for smelter…
Indonesia Excels in Fisheries and Livestock Sectors in Southeast Asia
Indonesia is recognized for its strong comparative advantage in the fisheries and livestock sectors compared to other Southeast Asian countries. Bhima Yudhistira Adhinegara, Director of the Center of Economics and Law Studies (Celios), emphasized the potential of these sectors to significantly boost the economy. "Beyond fisheries, there are restorative economic…
Government Seeks New Gross Split Scheme to Boost Oil and Gas Investment Climate
The Indonesian government is working to enhance investment competitiveness in the upstream oil and gas sector by introducing a new Gross Split scheme. This initiative aims to make the Gross Split mechanism more attractive to Contractors of Production Sharing Contracts (KKKS). The Ministry of Energy and Mineral Resources (ESDM) plans…
Bapanas: Exports and Ecosystem Development Optimize Red Onions
The National Food Agency (Bapanas) has emphasized the importance of optimizing red onion production through both export and the development of a comprehensive upstream-to-downstream ecosystem. According to Arief Prasetyo Adi, Head of Bapanas, the government is focused on maintaining farmer prices and preparing standby buyers, as red onions serve both…
