Business News
Sabang, Aceh Achieves a Capture Fisheries Production of 4,433 Tons
The Department of Marine Affairs and Fisheries (DKP) in Sabang, Aceh, has reported that the catch fishery production in the westernmost region of Indonesia reached 4,433 tons in the first half of 2023, which is short of the targeted 9,067 tons for the year. "Considering the production achievement in the…
Batik Exports Surge by 30.1% in 2022, Ministry of Industry's Initiatives Revealed
The Indonesian Ministry of Industry (Kemenperin), particularly the Directorate General of Small, Medium, and Diverse Industries (IKMA), is dedicated to advancing and sustaining the nation's batik industry. As a cultural heritage with immense potential, the batik industry faces challenges in competing with both local and global fashion products. To enhance…
Major Infrastructure “Indonesia Arena” Enhances Entertainment Industry and Sports Facilities Across the Country
The recent completion and inauguration of the Indonesia Arena by the President of Indonesia marks a joyous moment for the country. This modern sports complex stands as one of the government's ambitious mega-infrastructure projects, aiming to enhance sports facilities and advance the entertainment industry in Indonesia. The Indonesia Arena project…
Coordinating Minister for Maritime Affairs and Investment Invites Solar Power Investors from Singapore and China to Invest in Indonesia
The Indonesian Coordinating Ministry for Maritime Affairs and Investment (Menko Marves) is actively working to attract foreign investors for solar module production and battery storage technology in Indonesia. After discussions with the Singaporean government, both countries have agreed to develop mutually beneficial industries. This collaboration aims to create a supply…