Indonesian Political, Business & Finance News

Rupiah Strengthens, B50 Biodiesel Production and Distribution on Track

| Source: ANTARA_ID Translated from Indonesian | Economy
Rupiah Strengthens, B50 Biodiesel Production and Distribution on Track
Image: ANTARA_ID

The rupiah exchange rate against the US dollar strengthened at the close of trading on Tuesday, gaining 15 points or 0.08 percent to Rp17,980 per US dollar from the previous Rp17,995 per US dollar. Doo Financial Futures analyst Lukman Leong said the rupiah’s strengthening was triggered by data showing an increase in foreign exchange reserves.

The Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) will soon implement a ‘first in, first out’ policy for processing land deed documentation to provide fair service to the public. Director General of Rights Determination and Land Registration at the ATR/BPN Ministry, Asnaedi, said that during surveys and spot checks at 10 major land offices, it was found that some applications submitted on the same day were completed immediately, while others submitted earlier had not been processed, with some not even examined for three months.

The Ministry of Marine Affairs and Fisheries (KKP) has prepared 573 trainers to instruct approximately 5,000 prospective managers of the Kampung Nelayan Merah Putih (KNMP) programme. This is part of efforts to accelerate the operationalisation of the fishing village programme across various regions in Indonesia. The trainers, consisting of KKP employees and professional staff, participated in a Training of Trainers (ToT) and microteaching sessions held simultaneously in Bogor, Bandung, Surabaya, and Makassar from 6 to 10 July 2026.

The Indonesian government is strengthening industrial supply chain cooperation with Kazakhstan as an effort to expand bilateral collaboration while encouraging the strengthening of the industrial ecosystem in the Eurasian region. This enhanced cooperation is being carried out through the establishment of a working committee mechanism involving the government and the business sector to ensure more concrete implementation of the partnership.

Vice President Corporate Communication of PT Pertamina Patra Niaga, Kitty Andhora, stated that the company has prepared the necessary facilities and infrastructure to support the implementation of Biodiesel 50 (B50), ensuring that production and distribution are running well. ‘Pertamina Patra Niaga has prepared the necessary facilities and infrastructure, so that the production, distribution, and delivery processes can run well,’ Kitty said.

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