Business News
Three Companies Establish Synergy to Develop Electric Vehicle Ecosystems in Indonesia
PT. Teknologi Karya Digital Nusa Tbk (TKDN), China Hualong International Construction Corporation (Sinoron), PT. Industri Baterai Indonesia (IBC), have established a partnership to accelerate the development of an electric vehicle (EV) ecosystem based on swap batteries in Indonesia. This partnership will focus on the development of an electric vehicle network,…
Encouraging Downstreaming, Processed Nickel from Obi Island, North Maluku Begins to be Exported
Ternate Customs facilitates the first export of nickel processing products in the form of ferronickel owned by PT. Karunia Permai Sentosa on Obi Island, North Maluku. The first export was carried out last week, with direct delivery through the port owned by PT. Karunia Permai Sentosa on Obi Island. The…
SKK Migas Collaborates with Canadian Companies to Increase Oil Production
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) officially signed a Memorandum of Understanding (MoU) with a Canadian oil and gas company, FalconRidge Oil Ltd (FalconRidge). This collaboration includes the development of petrophysics, geology and geophysics, hydrocarbon exploration, and other production. The signing of the…
National SEZ Council: RI Needs IDR 13 Trillion Investment in the Next Five Years
The National Council of Special Economic Zones (KEK) said that Indonesia needs an investment of IDR 13 trillion in the next five years to achieve economic growth of 8%, in accordance with President Prabowo Subianto's target. For this year, the National Council of KEK noted that the investment target set…