The Tidore Islands City Government plans to continue developing the local coconut oil manufacturing managed by the Sohi Coconut small and medium enterprise (SME) in Akelamo Village, Central Oba District, Tidore Islands City, North Maluku Province. The SME's commodity is expected to be more widely known in North Maluku as an alternative to local oil palm-based cooking oil.

The Trade and Investment Mission between the East Java Provincial Government and the North Maluku Provincial Government held at the Sahid Bela Hotel in Ternate City, North Maluku Province on Mar. 12, 2025 recorded transactions reaching Rp568 billion in one day.

Statistics Indonesia (BPS) North Maluku Province revealed that the North Maluku economy grew by 13.73 percent on a cumulative annual basis (c-to-c) in the fourth quarter (Q4) of 2024.

Indonesia is preparing to become an important player in the global battery industry. Head of an Industry Ministry Team, Ginanjar M., revealed that the ​PT Indonesia Weda Bay Industrial Park (IWIP) in Central Halmahera Regency, North Maluku Province will begin its independent production of lithium-ion battery cells and raw materials.

Investment and Downstreaming Minister/Investment Coordinating Board (BKPM) Head Rosan Perkasa Roeslani visited the PT Indonesia Weda Bay Industrial Park (IWIP) area in Central Halmahera Regency, North Maluku Province on Jan. 13, 2025. IWIP President Director Xiang Binghe said that Rosan's was a form of support from the Indonesian government and people, especially in the regency, for the Weda Bay Project's development to maximize nickel downstreaming.

North Maluku Province Public Works and Public Housing (PUPR) Office Head Sofyan Kamarulah revealed on Dec. 31, 2024, that the North Maluku PUPR Office will manage Rp64 billion in Special Allocation Fund (DAK) for 2025. The fund will be used to build road and irrigation infrastructure in several strategic areas in North Maluku, including the regencies of South Halmahera, West Halmahera, and Morotai Island.

Energy and Mineral Resources Deputy Minister Yuliot Tanjung said that the natural resources downstreaming program in North Maluku Province has proven to boost the regional economy.

The monthly export value of North Maluku Province rose by 14.61 percent month-to-month (mtm) from US$812.13 million in August 2024 to US$930.81 million (about Rp14.5 trillion) in September 2024. The province's monthly export value  also increased by 14.68 percent year-on-year (yoy) from US$811.63 million in September 2023.