Business News
Harnessing Nusantara’s Botanical Heritage: BRIN’s Innovation in High-Value Fragrances
The National Research and Innovation Agency (BRIN) is leading a transformative shift by developing premium fragrance products derived from Indonesia's indigenous botanical resources. Through the Applied Botany Research Center, BRIN has successfully created high-end perfumes and skincare serums utilizing local commodities like frankincense, camphor, and cloves. This initiative aims to…
Indonesia Enhances Oversight of Government Farm Equipment Aid
The Indonesian government has mandated a nationwide inventory and stricter oversight of agricultural machinery distributed under its farm aid programs to ensure the equipment is used productively to support national food self-sufficiency goals. Officials have instructed the ministry’s provincial offices to detail the condition, location, and utilization of tractors, combine…
IKN Attracts IDR 70 Trillion from 65 Investors
The Nusantara Capital City (IKN) Authority has secured investment commitments totaling around IDR 70 trillion through 65 cooperation agreements with investors, reflecting growing confidence in Indonesia’s new capital development. This progress was highlighted during a regulatory outreach event in Balikpapan that focused on land use contribution mechanisms and streamlined fiscal…
UAE President Pledges to Boost Investment in Indonesia
Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, has reaffirmed the UAE’s commitment to increasing investment in Indonesia, signaling strengthened economic cooperation between the two nations following a productive bilateral meeting with Indonesian President Prabowo Subianto at Qasr Al Bahr Palace in Abu Dhabi. The leaders…
