Business News
Total Investment in Electric Vehicle Assembly in RI Reaches IDR 4.49 Trillion
The Director of Maritime Industry for Transportation and Defense Equipment at the Ministry of Industry, Hendro Martono, revealed that the total investment in Indonesia's electric vehicle assembly industry has reached IDR 4.49 trillion. Currently, there are four electric bus companies with an annual production capacity of 1,980 units, totaling an…
Bank Indonesia is Ready to Support the Development of the Agriculture, Fisheries and Livestock Sectors in South Sulawesi
Bank Indonesia (BI) Perwakilan Sulawesi Selatan (Sulsel) affirms its commitment to supporting the development of the agriculture, fisheries, and livestock sectors in Sulsel, particularly through the distribution of People's Business Credit (KUR). Rizki Ernadi, the Head of BI Perwakilan Sulsel, expressed this commitment during a meeting with the Acting Governor…
The Government Claims that Investors are Investing more Intensively in Indonesia
The Indonesian government expresses confidence in the sustained interest of investors despite the ongoing political dynamics and the upcoming presidential election in 2024. Susiwijono Moegiarso, the Secretary of the Coordinating Ministry for Economic Affairs, acknowledges that investors typically adopt a "wait and see" approach during democratic events. However, he affirms…
The Ministry of Agriculture is Massively Pumping for the Sake of Indonesia's Agricultural Productivity
The Ministry of Agriculture (Kementan) is unwavering in its commitment to mitigate the impacts of the El Nino phenomenon through an extensive irrigation program, particularly focused on Java. Agriculture Minister Andi Amran Sulaiman emphasized the ongoing effort to irrigate paddy fields affected by El Nino, employing massive pumping programs in…
