Business News
Luhut Invites China to Invest, Establish Solar Power Plants in Indonesia
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, held a bilateral meeting with Chinese Foreign Minister H.E. Wang Yi at the Changai Shan Geopark, China, to discuss various topics, including encouraging investment in solar power. Luhut invited Chinese companies already collaborating with Indonesia in green energy investments to…
PHRI Bali Asks Local Government to Regulate Investment and Business Activities of Foreign Nationals in the Island
I Gusti Ngurah Rai Suryawijaya, Vice Chairman of the Indonesian Hotel and Restaurant Association (PHRI) Bali, urged the local government to tighten supervision of foreign investors entering Bali. Suryawijaya emphasized the importance of ensuring that all incoming investments are legal and licensed, and limiting which types of businesses foreigners can…
Young Entrepreneurs From Cirebon Succeed In Dominating The International Rattan Furniture Export Market
Vladimir Diki Santoso, a 24-year-old entrepreneur from Cirebon, has achieved remarkable success in the rattan furniture industry. After shifting his focus to rattan furniture in 2022, Diki established himself as a leading exporter in the global market. Initially operating in the wood sector, Diki faced stiff competition and ultimately decided…
Banjarmasin Customs Releases The First Export of Husk Products to Brunei
Bea Cukai Banjarmasin in South Kalimantan (Kalsel) facilitated the first export of husk products to Brunei Darussalam, conducted by PT Rays Export Group. A total of 16,800 kilograms of husk packed into 1,400 bags were shipped to the Southeast Asian country located on the northern coast of Borneo Island, according…
