Business News

New Oil and Gas Sources in Bojonegoro

PT Pertamina (Persero) through its subsidiary PT Pertamina Hulu Energi (PHE) for the Eastern Indonesia region has succeeded in discovering new oil and gas resources in the Bojonegoro area, East Java. This latest oil and gas resource was discovered while drilling the exploration well Kolibri (KOL)-001 which started on July…

West Sumatra Governor Supports Export Quality Wonorejo Coffee Downstream

The West Sumatra Provincial Government is very concerned about increasing agricultural growth, this is indicated by allocating 10% of the West Sumatra Provincial Budget in 2022 for this sector. The agricultural commodities that are the focus of the performance of the West Sumatra Provincial Government are rice, corn, chili, shallots,…

South Sulawesi Provincial Government Prepares IDR 17 billion to Develop Selayar Tourism in 2023

The South Sulawesi Provincial Government has prepared a budget of around IDR 17 billion to develop the tourism sector of the Selayar Islands Regency in 2023. The Regional Secretary of South Sulawesi Province Abdul Hayat Gani in his statement in Makassar, Monday said that the South Sulawesi Provincial Government would…

Foreign Investment in Indonesia Sets the Highest Record in History

Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said Indonesia recorded the largest foreign investment (PMA) growth in the third quarter of 2022 in history. The Ministry of Investment / Investment Coordinating Board (BKPM) noted that foreign investment into Indonesia reached IDR 168.9 trillion or grew 63.6% compared…
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