Business News
TEI 39th Expo Exceeds Expectations with USD 22.73 Billion in Transactions
Tangerang: The 39th Trade Expo Indonesia (TEI) officially concluded on Saturday, October 12, 2024, with significant achievements. By 12:00 PM WIB, the event had successfully recorded transactions totaling USD 22.73 billion. These transactions included USD 19.59 billion from goods and services and USD 3.04 billion from investment deals, surpassing the…
Indonesian Government Targets Gaming Industry as Key Economic Driver
The Ministry of Communication and Informatics (Kemenkominfo) is focusing on the gaming industry as a potential economic powerhouse for Indonesia by targeting the Southeast Asian market. Hokky Situngkir, Director General of Informatics Applications, highlighted during a conference in Kuta, Bali, that Indonesia has emerged as one of the largest gaming…
Unveils Potential for Nickel-Based Battery Investments
The Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves) has revealed that the investment potential in the nickel-based battery ecosystem over the next five years could reach USD 20 to USD 25 billion, equivalent to IDR 312 trillion to IDR 390 trillion (with the exchange rate of USD 1…
Ambon Customs Serves First Export of Katsuobushi to South Korea
The Customs Office of Ambon has facilitated the inaugural export of katsuobushi (wooden fish) by UD Rizky Fattah Katsuo Maluku Barokah to South Korea on Saturday, October 5th. This export contributes IDR 578 million (approximately USD 36,960) in foreign exchange revenue. The total weight of the katsuobushi export was 6.16…
