Business News
Indonesia Promotes Best Practices in Blue Economy at AIS Forum 2023
Indonesia is committed to implementing the concept of the blue economy in maritime spatial governance through a series of policies. In the Ministry of Maritime Affairs and Fisheries, regarding the implementation of the blue economy, we have five key policies that we have introduced. The five key policies are as…
Successful Downstreaming: Indonesia's Nickel Export Value Surges Tenfold
The Coordinating Ministry for Maritime Affairs and Investment (Kemenkomarves) claims that Indonesia's nickel exports have surged tenfold after successfully producing and exporting raw materials for electric vehicle batteries, namely nickel matte and mixed hydroxide precipitate (MHP). Deputy for Maritime Resources Coordination at Kemenko Marves, stated that Indonesia's robust economic growth…
Indonesia's Downstream Investment Projection Reaches IDR 8.549 Trillion
Indonesia possesses significant natural resources that can be optimized to become a global key player in commodity-based downstream industries. The projected investment value in Indonesia's downstream roadmap is estimated to reach USD 545.3 billion or approximately IDR 8.549 trillion (at an exchange rate of IDR 15,679 per USD). Notably, non-oil…
Central Java Encourages the Export of Processed Agricultural Products
The Central Java Provincial Government continues to show its commitment to supporting Micro, Small, and Medium Enterprises (MSMEs), particularly in the food and beverage sector. Recently, thanks to the attention given to farmers and MSMEs in Wonosobo Regency, products originating from Central Java have successfully penetrated the North American market.…
