Business News
Collaborating with Italy, Indonesia Commences Production of AIP Technology Attack Submarines
Italian defense company, Drass Galeazzi Srl, has signed a Memorandum of Understanding (MoU) with Indonesian shipyard company PT Republik Palindo, a subsidiary of Republikorp based in Batam, Indonesia, for the joint production of DG 550 class Midget submarines, a compact submarine which use the Air Independent Propulsion (AIP) technology and…
Lampung Tourism Boosted to Achieve the Target of 1.4 Billion Domestic Tourist Visits
The Indonesian government is focusing on promoting tourism in Lampung as part of the Proud of Indonesian Tourism Movement (Gerakan Bangga Berwisata Indonesia, BBWI) in an effort to reach the target of 1.4 billion tourist visits. Lampung offers a range of captivating tourist attractions, including Way Kambas National Park, Tegal…
Ministry of Industry Promotes the Growth of Sago and Artisan Chocolate Industries, Exploiting Abundant Potential
The Ministry of Industry (Kemenperin) believes that Indonesia's sago and artisanal chocolate industries have great potential for development. During the Hannover Messe 2023 exhibition in Germany, PT Bangka Asindo Agro, a sago processing company, recorded potential transactions worth IDR 6 billion, attracting interest from potential partners in Germany, Uzbekistan, and…
Minister of Finance Sri Mulyani's Vision: Indonesia as the Global Hub for Islamic Economy
Indonesia, with its majority Muslim population of around 237 million people, possesses a comparative advantage in Islamic economics. The government aims to position the country as a global center for Islamic economics and halal production. Finance Minister Sri Mulyani Indrawati highlighted the government's commitment to developing Shariah-compliant economic activities and…
