#Downstream
Danantara prepares funding as government to execute 21 strategic projects
The government will soon execute 21 strategic projects on energy, agriculture, fisheries, and forestry sectors down streaming with an investment value of US$40 billion through funds to be provided by the Daya Anagata Nusantara Investment Management Agency (BPI Danantara).
Nickel industry oversupply, demand plummets: Analyst
An analyst says the nickel industry is no longer profitable for many business players as it is now facing major pressure due to overproduction, causing prices to drop drastically, a condition exacerbated by a shortage of nickel ore supply that has forced several smelters in Indonesia to cut production.