Business News

The Nusantara Capital City Authority Begins Construction of Roads in the Core Area, Valued at IDR 3.04 Trillion

On 11 June 2025, seven physical road improvement projects in the Core Government Centre Area (KIPP) 1B-1C, spanning 12.2 kilometres with a project contract value of IDR 3.04 trillion, were signed, as well as two supervision packages worth IDR 24.5 billion. This road project forms part of Batch 1 in…

IEU-CEPA Nearing Completion, Lampung's CPO Exports Predicted to Soar

Head of Industry and Trade Office of Lampung Province, Evie Fatmawaty, stated that the implementation of the Indonesia–European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) presents a major opportunity for expanding Lampung’s palm oil derivative products. With the potential for import tariffs on Indonesian palm oil to drop to 0% in…

Andra Soni Strengthens MSMEs as Pillars of Banten's Economy

Banten Governor Andra Soni reaffirmed his commitment to strengthening the Micro, Small, and Medium Enterprises (MSME) sector as the backbone of the regional economy. Amid the influx of foreign products, he sees MSMEs as crucial to maintaining economic stability and driving local growth. Speaking during an exclusive interview with BTV…

European Union–Indonesia Agree to Establish EU Desk, Here's the Purpose

The European Union (EU) Delegation to Indonesia and the Ministry of Investment/Investment Coordinating Board (BKPM) have officially signed a Cooperation Statement to establish an EU Desk within the Ministry. According to EU Ambassador to Indonesia Denis Chaibi, the launch of the EU Desk represents a renewed commitment to deepen economic…
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