Business News

Indonesia Expands IPs to Lure More Investment

The Indonesian Government is focusing on expanding industrial parks (IP) across the country in a hope of attracting more investment and promoting the equal development as well as economic growth in the country. According to Minister of Industry Agus Gumiwang Kartasasmita, to this end, the country needs to complete the…

Pertamina to sink $12B in new, green power sources

Indonesian state-owned oil and gas company Pertamina says it needs to invest $12 billion to meet its target of generating 10GW of electricity from new and renewable energy sources by 2026.“Pertamina supports the government’s plan to reduce greenhouse gas emissions and achieve net-zero by 2060,” Dannif Danusaputro, the CEO of…

Sandiaga Wants Indonesia To Be The World's Muslim Fashion Center

Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno hopes that Indonesia will become the world's Muslim fashion center because it has capital and a lot of potential. Such as human resources, markets, to quality fashion designers. Menparekraf Sandiaga Uno when he was a keynote speaker at the Indonesian Islamic…

Sharia Economic Potential to be Driving Force of Economic Growth: Amin

Indonesia's Vice President Ma'ruf Amin is upbeat that the sharia (Islamic) economic and finance could be a driving force of the national economic growth, especially attributed to human resources potential."As a Muslim majority nation, it is appropriate that the sharia economic and finance become the driving force of the national…
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