Business News
Trade Balance Surplus Maintains External Resilience of Indonesian Economy
The continued trade balance surplus in April 2024 primarily stems from a robust non-oil and gas (nonmigas) trade surplus. The nonmigas trade balance recorded a surplus of USD 5.17 billion in April 2024, bolstered by strong nonmigas exports amounting to USD 18.27 billion. This positive performance in nonmigas exports is…
Immigration Authority Introduces Golden Visa to Attract Foreign Investors
Silmy Karim, Director General of Immigration, served as the keynote speaker at The New Era Bali Kerthi Investor Forum, themed ‘Special Economic Zone and Golden Visa,’ held at the United in Diversity Bali Campus, Kura Kura Bali. The forum was attended by Minister of Tourism and Creative Economy Sandiaga Uno,…
IKN Authority and INA Collaborate to Attract Foreign Investment to Nusantara
The Nusantara Capital Authority (IKN Authority) has partnered with the Indonesia Investment Authority (INA) to boost economic development in the new capital city, Nusantara. This strategic partnership was formalized through the signing of a Cooperation Framework (CF) at the Grand Hyatt Bali, attended by Agung Wicaksono, Deputy for Funding and…
APEC 2024: Indonesia and New Zealand to Strengthen Live Cattle Trade Cooperation
The Indonesian government, through the Ministry of Trade, is promoting live cattle import cooperation to meet the domestic demand for beef. Minister of Trade Zulkifli Hasan (Zulhas) stated that strengthening relations with countries producing high-quality cattle that meet Indonesian standards, including New Zealand, is a key initiative. "Indonesia is pushing…
