Business News
Investment Commitment in IKN Reaches IDR 41 Trillion
The government continues to pursue the development of the Archipelago Capital City (IKN). Deputy Head of the IKN Authority Dhony Rahajoe said, until now the construction of the IKN has received an investment commitment of IDR 41 trillion. "IDR 41 trillion (investment commitment), now from the IDR 26 trillion APBN.…
Consistently Applying the Environmentally Friendly Concept, Pupuk Kaltim Port Wins the 2022 Green Port Award
PT Pupuk Kalimantan Timur (Pupuk Kaltim) again won the 2022 Green Port Award from the Coordinating Ministry of Maritime Affairs and Investment (Kemenko Marves), for implementing environmentally sound port governance in the company's special terminal area. The award was received by Pupuk Kaltim VP of Ports and Shipping Sidiq Purnomo…
Indonesia's manufacturing industry is recorded to be expansive throughout 2022
Throughout 2022, the manufacturing industry sector in the country is consistently at an expansive level, which is reflected in the achievement of the Indonesian Manufacturing Purchasing Managers' Index (PMI) with a position above 50 points. In December 2022, the Indonesian Manufacturing PMI closed at 50.9 or managed to increase compared…
Bali Mangosteen Exports to China are Rising Again, Reaching IDR 3.3 Billion at the End of 2022
The export value of mangosteen from Bali to China reached IDR 3.3 billion in December 2022. This achievement is a sign that exports are increasing again after two years of being slumped due to the Covid-19 pandemic.Head of Denpasar Class I Agricultural Quarantine Center I Putu Terunanegara said that the…
