Business News

Minister of Industry Encourages the Modification Industry to Support the Development of Electric Vehicles

Indonesia's Minister of Industry, Agus Gumiwang Kartasasmita, has expressed strong support for the country's vehicle modification industry, emphasizing its role in enhancing creativity, innovation, and economic value. He emphasized that the government backs this industry's growth and noted its potential to not only drive creativity but also to create a…

Three Halal Industrial Zones Contribute to the Boost of Indonesia's Sharia Financial Industry

The Indonesia Sharia Economic Festival (ISEF) reveals that the assets of the Sharia financial industry have grown by 11.3% in the past six years, in line with the market share of Sharia finance, which has increased from 8.5% to 11% in the same period. The Director of the Sharia Economic…

Green Economy Emerges as a New Source of Sustainable Economic Growth

Indonesia's economic fundamentals remain stronger compared to other nations. This is evidenced by economic growth that has consistently exceeded 5% for seven consecutive quarters and controlled inflation at 3.17% in August 2023. These strong fundamentals serve as Indonesia's foundation to drive the green economy as a new source of sustainable…

The 20th CAEXPO 2023: Indonesian Products Garner Potential Transactions of IDR 106.45 Billion

Indonesian products have once again taken the spotlight on the international stage. This time, Indonesian products have impressed visitors at The 20th China-ASEAN EXPO (CAEXPO) held at the Nanning International Convention and Exhibition Center (NICEC) in Nanning, China, with the potential for transactions amounting to IDR 106.45 billion. These potential…
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