Outgoing president Jokowi has repeatedly reminded the country about the importance of developing downstream/processing industry for seaweed, including for the production of biofuel. Acknowledged as the second largest producer of seaweed in the world, the incoming president Prabowo Subianto is expected to do more on that commodity.
Read MoreTourism industry has recovered to the pre-Covid-19 pandemic level, which can be seen in the arrival of foreign tourists. Local beer producers have also regained grounds, but steadily hurt by rising alcohol excise.
Read MoreShares of food and beverage company Kurniamitra Duta Sentosa (KMDS) jumped by 12.93% to Rp830 on Wednesday (Sept 18), after the acquisition announcement of KMDS by Dima Group. The company was worth Rp664 billion, 3.2 times equity.
Read MoreMuhaimin Iskandar, the chairman of PKB, the fourth largest party that is strongly affiliated to the Nahdlatul Ulama (NU), the largest Islamic organization in the country, introduced some young figures to the press on Wednesday (Sep. 18). Among those young figures was Ais Shafiyah Asfar, who has been appointed as the daily chairman of PKB, a new key position in the PKB’s lineup for 2024-2029 period.
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Kaesang Pangarep, youngest son of outgoing president Jokowi, has on Tuesday told his version of the private jet saga to the Corruption Eradication Commission (KPK). Kaesang basically said that he just hitched a ride on a friend’s plane. He told KPK about who owns the private jet, whom KPK identified publicly only as Mr Y.
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