Business News
Pertamina NRE and LONGi Launch 1.4 GW Solar Panel Manufacturing Project
On 23 June 2025, the launch of the Solar PV Manufacturing Project was held in Bekasi, West Java. Pertamina NRE is collaborating with LONGi Green Technology Co., Ltd to build a solar panel manufacturing facility in Indonesia. The facility is targeted to have a production capacity of 1.4 gigawatts (GW)…
Banyuwangi Cocoa Reaches Global Markets, Promoted Through Chocolate Festival
Banyuwangi has emerged as a key player in the global cocoa industry, exporting high-quality beans to countries such as Japan, Ghana, Switzerland, and the Netherlands. At the forefront is the Kendenglembu plantation, managed by PTPN I Regional 5, which cultivates both bulk and premium edel cocoa. The edel variety, considered…
Upstream Oil and Gas Industry Contributes IDR 5,045 Trillion, Supports Clean Energy Transition
The upstream oil and gas sector continues to play a vital role in Indonesia’s economy, having contributed IDR 5,045 trillion in non-tax state revenue (PNBP) over the past 22 years, making it the second-largest contributor to state income after taxation. This milestone was shared by Hudi D. Suryodipuro, Head of…
Global Furniture Market Hits USD 660 Billion, Ministry Encourages Export Growth
The Indonesian Ministry of Industry (Kemenperin) is actively encouraging the furniture industry to boost exports and seize opportunities in the booming global market, which reached a value of USD 660 billion in 2024 and is projected to grow by 4.9% annually until 2034. Director General of Agro Industry, Putu Juli…
