Business News
Government Offers Incentives for Textile Industry as Export Trend Grows, says Minister Luhut
The Indonesian government is preparing various incentives for the textile industry as the export and import trends of Indonesian textile products have increased significantly after the Covid-19 pandemic. Minister of Maritime Affairs and Investment Coordination, Luhut Binsar Pandjaitan, believes that the development of the textile industry has the potential to…
Indonesia's Data Center Industry Holds Untapped Growth Potential
Muhammad Arif Angga, the General Chairman of the Indonesian Internet Service Providers Association, believes that the data center industry still has significant opportunities to grow in Indonesia. He estimates that the demand for data center capacity in Indonesia could reach nearly 1,000 megawatts (MW) based on the existing population, which…
Indonesia's Data Center Industry Holds Untapped Growth Potential
Muhammad Arif Angga, the General Chairman of the Indonesian Internet Service Providers Association, believes that the data center industry still has significant opportunities to grow in Indonesia. He estimates that the demand for data center capacity in Indonesia could reach nearly 1,000 megawatts (MW) based on the existing population, which…
Metal and Transport Equipment Industry Grows 14%, Driven by Electric Vehicles
The metal, machinery, transportation equipment, and electronics industry group (ILMATE) grew by 14.23% (y-o-y) in the first quarter of 2023. This outstanding achievement far exceeded the national economic performance, which grew by 5.03% in the same period. Almost all ILMATE sub-sectors grew in double digits, including the transportation equipment industry,…
