Business News

Indonesia and Papua New Guinea Agree on Defense and Trade Cooperation

On Monday, July 15, 2024, Indonesian President Joko Widodo received Papua New Guinea Prime Minister James Marape at the Presidential Palace in Bogor, West Java. The visit focused on bilateral cooperation, resulting in agreements in defense, transportation, trade, health, and education sectors. President Widodo emphasized the significance of the defense…

Batam's Health Tourism SEZ Initiative Aims to Establish Indonesia as Medical Hub

Batam's economic evolution over nearly six decades has yielded significant achievements beyond its reputation as an investment hub, showcasing diverse potentials. Recently, the Coordinating Ministry for Economic Affairs approved the establishment of the International Health Tourism Special Economic Zone (SEZ) in Batam. This move aligns with Government Regulation No. 40…

Luhut Plans Dedicated Export Route for Indonesian Durians to China

Indonesia's Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, has unveiled plans for exporting durians directly to China. The initiative aims to establish a direct logistics route to China from durian agricultural centers, starting with a recent visit to Parigi Moutong Regency in Central Sulawesi Province. Currently, Indonesian…

Indonesia Advocates Blue Economy Initiatives at 36th COFI Session

The Indonesian government, represented by the Ministry of Marine Affairs and Fisheries (KKP), presented its priority blue economy programs at the 36th session of the Committee on Fisheries (COFI) held in Rome from 8-12 July 2024. Led by Acting Expert Staff to the Minister for Community and Institutional Relations Trian…
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