PT SEI unveils renewable energy-based smart lights

Renewable energy-based lighting manufacturer PT Santinilestari Energi Indonesia (SEI) has started operations of its newest factory in Pasuruan, East Java, becoming the first company of its kind to produce energy-saving lamps using the smart lighting system (SLS). According to PT SEI president director Lukito Wanandi, the company’s LED lamps are equipped with SLS devices that … Read more

Indonesia gets green light to export tropical fruits to Argentina

Indonesia has received the green light from the Argentinian government to export its tropical fruits such as mango, banana and mangosteen to the country as part of the two countries’ commitment to double their two-way trade value within the next three years. The Argentinian promise to import Indonesia’s fruits was disclosed by Argentinian President Mauricio … Read more

Krakatau Steel needs total overhaul: Kalla

Vice President Jusuf Kalla has said that state-owned steelmaker PT Krakatau Steel needs a total overhaul to improve its performance so that the company’s products can compete with imported products. “Krakatau Steel has to fundamentally change its management and improve its technology,” Kalla said on Tuesday as reported by tempo.co, adding that with a total … Read more

Freeport’s gold and copper sales down 50% due to mine transition

Gold and copper miner PT Freeport Indonesia (PTFI) sold less copper and gold in the first half of 2019, decreasing to almost half the amount sold during the same period last year due to the transition from open pit to underground site. According to the “second quarter and first-semester” report of US mining giant Freeport-McMoRan … Read more

UAE to invest in Gresik port, industrial zone

Bogor, West Java (ANTARA) – The United Arab Emirates (UAE) is planning to invest in a container port and industrial zone in Gresik, East Java Province. “The preparations are going on. Hopefully, the construction will begin in 2021 at the latest. I will ask them to start earlier,” Transportation Minister Budi Karya Sumadi said at … Read more

President Jokowi Welcomes Hyundai Delegation at State Palace

President Joko “Jokowi” Widodo on Thursday (25/7) welcomed a delegation from South Korean automotive company Hyundai Motor Group at the Merdeka Palace, Jakarta. Speaking to reporters after the meeting, Minister of Industry Airlangga Hartarto – who accompanied the President during the meeting – said that President Jokowi and the Hundai delegation discussed the company’s investment … Read more

Indonesia, UAE Sign Nine MoUs to Improve Cooperation

President Joko “Jokowi” Widodo and Crown Prince of Abu Dhabi Mohamed bin Zayed Al Nahyan/Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed Bin Zayed Al Nahyan witnessed the signing of nine MoUs in a bilateral meeting at the Bogor Presidential Palace, West Java, Wednesday (24/7). The nine agreements signed were MoU on Investment … Read more

Wings Air to shortly open Pangkalpinang-Bandung flight route

Pangkalpinang, Bangka Belitung (ANTARA) – Wings Air will open a flight route linking Pangkalpinang, capital of Bangka Belitung Province, to Bandung, capital of West Java Province, starting August 9, 2019. Wings Air will serve the new flight route daily, from Pangkalpinang at 2:30 p.m. local time and from Bandung at 6:10 a.m. local time, the … Read more

BNI’s net profits grow 2.7 percent in first semester

State-owned Bank Negara Indonesia (BNI) reported a net profit of Rp 7.63 trillion (US$545.95 million) in the first half of this year, an increase of only 2.7 percent from Rp 7.44 trillion in the first six months last year. The low profit growth, which declined from 16 percent recorded in the first semester,  2018, was … Read more

Gov’t to Grant Credit Guarantee, Interest Subsidy for Drinking Water Investment

In a bid to ensure adequate drinking water supply to all Indonesians and to stimulate 100 percent access to drinking water, the Government deems it necessary to grant credit guarantee and interest subsidy for payment obligations of the regional water company PDAM to lending banks. Based on this consideration, President Joko “Jokowi” Widodo on 4 … Read more
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