Business News
Indonesia’s Steel Industry Goes Global: Krakatau Steel Prepares 500 Ha for Delong Steel Plant in Cilegon
Indonesia is making a major leap in the global steel industry as PT Krakatau Steel (Persero) Tbk. allocates over 500 hectares in its Krakatau Industrial Estate, Cilegon, Banten, to support the development of a world-class integrated steel plant. This strategic investment is led by Delong Steel Group, the world’s 11th…
Indonesia Reaffirms Commitment to Blue Economy at BEFF Monaco
Indonesia demonstrated strong commitment to sustainable ocean management at the Blue Economy and Finance Forum (BEFF) held in Monaco, represented by Deputy Foreign Minister Arif Havas Oegroseno on behalf of President Prabowo Subianto. BEFF, initiated by Prince Albert II of Monaco, ran alongside the UN Ocean Conference (UNOC) in Nice,…
East Java Provincial Sports Week Spurs Economic Growth
Malang City is fully prepared to host the 2025 East Java Provincial Sports Week (Porprov IX), expected to draw around 25,000 visitors, including 19,000 athletes. The local government, led by Head of Sports and Tourism Baihaqi, has set four key success targets: effective event organization, competitive achievements, community economic empowerment,…
Optimism Grows for Leasing and Credit Growth Through Electric Vehicle Incentives
The continuation of electric vehicle (EV) incentives in 2025 is seen as a positive driver for the multifinance industry, despite a cooling economy and weaker consumer purchasing power compared to last year. Indonesia’s economic growth slowed to 4.87% in Q1 2025, down from 5.11% in Q1 2024. Nevertheless, Sylvanus Gani,…
