Business News
Investors Flock to Eye Logistics Business Potential in Indonesia
Indonesia's burgeoning logistics sector is increasingly catching the eye of both local and foreign investors, recognizing its pivotal role in the nation's trade landscape. Akbar Djohan, Chairman of the Indonesian Logistics Freight Forwarding Association (ALFI), underscores the indispensable contribution of foreign investment, advocating for strategic public-private partnerships to fortify the…
With Great Prospects, Ministry of Maritime Affairs and Fisheries Offers Fisheries Downstreaming at IABF 2024
The Ministry of Marine Affairs and Fisheries (MMAF) is offering investment opportunities in the downstream sector of marine and fisheries commodities. With an estimated global seafood product market size reaching USD 605.46 billion by 2029, as projected by Fortune Business Insight, there are significant prospects ahead. Director-General of Strengthening the…
Denmark Explores Investment in IKN and Buffer Zone
HE Sten Frimodt Nielsen, the Danish Ambassador to Indonesia, visited East Kalimantan to explore investment opportunities and Denmark's contribution to Indonesia's new capital (IKN). East Kalimantan's Governor's Representative, Akmal Malik, stated that Denmark's interest in the IKN through the East Kalimantan Provincial Government aims to assess the readiness of buffer…
Total investment in AI in Indonesia reaches IDR 120.1 trillion throughout 2023
Nezar Patria, the Deputy Minister of Communication and Informatics (Kominfo), disclosed that Indonesia has garnered funding related to artificial intelligence (AI) for the period 2022-2023, totaling USD 7.5 billion (IDR 120.1 trillion). Indonesia ranks second in Southeast Asia, following Singapore, in terms of AI funding, Nezar stated, as reported by…
