Business News
Indonesia and Malaysia explore ASEAN-Egypt Free Trade Agreement
Representatives from the governments of Indonesia and Malaysia convened to discuss recent developments in Egypt's economy, trade, industry, and investment, alongside efforts to boost export volumes to Egypt and explore a potential ASEAN-Egypt Free Trade Agreement (AEFTA). Indonesian Trade Attaché in Cairo, M Syahran Bhakti, emphasized Egypt's strategic significance as…
Italy Prepares Investment of IDR 17 T for Artificial Intelligence Project
The Italian government is allocating up to 1 billion euros, approximately IDR 17 trillion (based on an assumed exchange rate of IDR 17,000 per euro), to support artificial intelligence (AI) development projects. Prime Minister Giorgia Meloni announced the plan during an event in Rome on Tuesday (12/3), two days ahead…
Deputy Minister of Tourism and Creative Economy Discusses Cooperation in Creative Economy with the Government of Germany
Deputy Minister of Tourism and Creative Economy (Wamenparekraf) Angela Tanoesoedibjo met with representatives from the Federal Ministry for Economic Affairs and Climate Protection (Bundesministerium für Wirtschaft und Klimaschutz/BMWK) of Germany to discuss potential cooperation between the creative economy sectors of Indonesia and Germany. "RI's Ministry of Tourism and Creative Economy…
The electric vehicle (EV) battery factory will commence production in April 2024.
The Indonesian government has revealed plans for the commencement of mass production of electric vehicle (EV) batteries in April 2024. This announcement marks a significant milestone in the country's industrial landscape, positioning Indonesia as a pioneering manufacturer of EV battery cells in Southeast Asia. PT Hyundai LG Indonesia (HLI) Green…
