Business News

Trade Minister Confident 190-Year HGU Regulation Will Attract Investments to IKN

Indonesian Trade Minister Zulkifli Hasan expressed optimism that the regulation concerning land use rights (HGU) for up to 190 years in the new capital, Ibu Kota Nusantara (IKN), as stipulated in Presidential Regulation (Perpres) No. 75 of 2024, will attract more investments. Signed by President Joko Widodo on 11 July…

Halal Certification Strengthens Indonesia's Halal Logistics Ecosystem

PT Adi Sarana Armada Tbk (ASSA) is expanding the capacity of its subsidiary, Cargoshare Logistics, to strengthen the supply chain network for its customers. Recently, Cargoshare Logistics obtained a halal certification to meet the diverse market demands and reinforce the halal ecosystem in Indonesia. Suyanto Tjoeng, Director of Logistics at…

Minister of Tourism and Creative Economy: Boost Regional Tourism and Flagship Commodities Promotion through Digital Platforms

The Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, praised the presence of the Association of Indonesian Regency Governments (Apkasi) for its significant role in promoting regional tourism and flagship commodities. He noted that Apkasi contributes to the advancement of tourism by promoting regional potentials and encouraging the use…

Industry Associations Appreciate Government's Efforts to Increase Cocoa Productivity

The government has assigned the Palm Oil Plantation Fund Management Agency (BPDPKS) additional responsibilities to replant and develop the cocoa and coconut-based industries. This decision was made during an internal meeting led by President Joko Widodo at the Merdeka Palace, Jakarta, on Wednesday, July 10, 2024. This initiative aligns with…
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