Business News
Minister of Tourism and Creative Economy (Menparekraf) Attends India's Largest Tourism Exchange, SATTE, to Boost 2024 Foreign Tourist Targets
The Ministry of Tourism and Creative Economy/Indonesian Agency for Tourism and Creative Economy (Kemenparekraf/Baparekraf) has participated in the South Asia's Travel & Tourism Exchange (SATTE) 2024 in India, aiming to enhance foreign tourist visits in 2024. Sandiaga Salahuddin Uno, Minister of Tourism and Creative Economy/Head of the Indonesian Agency for…
The Hosting of IPA Convex 2024 is Anticipated to Attract the Interest of Global Oil and Gas Investors to Indonesia
Leony Lervyn, Vice Chairman of the Indonesian Petroleum Association Convention & Exhibition (IPA Convex) 2024, anticipates that the upcoming event will attract global investors to Indonesia's oil and gas sector, aligning with the government's energy transition goals. The theme, "Gaining Momentum to Advance Sustainable Energy Security in Indonesia and the…
PEMA-LAMI Operational Cooperation Makes Inaugural Lobster Export to Malaysia
PEMA-LAMI KSO, a partnership between PT Pembangunan Aceh (PEMA) Perseroda and PT Laot Aceh Marina Indonesia, successfully ventured into the Malaysian export market on February 23, 2024, following a trial lobster shipment to Java Island. Transported via Air Asia from Sultan Iskandar Muda Airport, Aceh Besar to Kuala Lumpur International…
Downstreaming of Food and Mineral Resources Accelerates Economic Growth
Indonesia aims to achieve advanced nation status by 2045, requiring a sustained annual economic growth of 6-7%. To accelerate economic growth, the government is prioritizing downstreaming initiatives in the food and mineral sectors, known as hilirisasi. Downstreaming involves transforming raw materials into high-value-added products, enhancing their marketability and export potential.…
