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Indonesia’s manufacturing sector investment surges 52% in 2022, reaching US$33.2 billion
Total investment in national manufacturing sector reached US$80.6 billion with domestic investment at US$36.9 billion...
Pertamina to develop EV battery ecosystem by utilizing Indonesia’s nickel reserves
Pertamina also possesses infrastructure that can be optimized for electric vehicle (EV) penetration as well...
Indonesia’s upstream oil and gas investment exceeds the value before the covid-19 pandemic
The realization of upstream oil and gas investment in 2022 is the highest in the...
Indika Energy partners with Damon Motors to distribute EV motorbikes in Indonesia
Indika Energy made an undisclosed investment in Damon and will serve as the distributor for...
Indonesian fishery sector records an export value escalation of 10.66% in 2022
The export value of the fishery sector in Indonesia from January to November 2022 grew...
Cilacap Samudera (ASHA) posts a 46% revenue growth in Q3 2022
PT Cilacap Samudera Fishing Company Tbk. received high demand from the domestic market for pelagic...
Petronas bags permission to drill oil wells in North Madura
Petronas operates the Hidayah field in North Madura II with estimated oil reserves of around...
Telkom launches Logee to digitalize the logistics ecosystem in Indonesia
Logee can streamline up to 50% of daily export and import operational processes, including managing...
Deindustrialization haunts the Indonesian manufacturing industry sector, what are the symptoms?
Symptoms of deindustrialization are shown by the declining contribution of the manufacturing sector to GDP...
Increasing crypto-asset literacy, Bappebti teams up with Aspakrindo
Bappebti records that crypto asset transaction value reached Rp296.66 trillion, or approximately US$18.9 billion, as...
Fishery exports grow 10.66% in 2022 with shrimp as a major contributor
Main fishery export commodities include shrimp with a value of US$1,997.49 million, skipjack tuna worth...
Stimulus policies for labor-intensive manufacturing, import restrictions to flexible working hours
The Indonesian Manufacturing Purchasing Managers' Index (PMI) reached 50.9, surpassing Germany, Japan, and Australia, indicating...
Buana Resources Capital’s new CEO proposes multimillion-dollar investment plan to boost Wailawi PSC gas output
Edward Kabes, formerly a Director at energy logistics provider Ants Energy Indonesia, explained that the...
Non-oil and gas export in Indonesia to reach US$289.76 billion in 2023
Non-oil and gas export value reached US$253.61 billion in January-November 2022, exceeding the achievement in...
Corridor Block operated by Medco E&P exceeds the 2022 lifting target
Corridor Block located in South Sumatra produces gas lifting of more than 770 MMSCFD, 107%...
Retail and tourism is predicted to grow above 4%, following the lifting of covid-19 restrictions
Kadin projects that the retail industry sector will grow by 4.4-4.8% and the tourism sector...
Belida Extension Project starts onstream, adding 30 MMSCFD of gas production
Belida Extension Project operated by Medco E&P consists of Malong offshore platform and Belida North...
