Business News
LFP Cathode Factory Inaugurated in Kendal SEZ, Strengthening Indonesia's Electric Vehicle Industry
On Tuesday, 8 October 2024, Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, inaugurated the first phase of lithium iron phosphate (LFP) cathode material production by PT LBM Energi Baru Indonesia at the Kendal Special Economic Zone (SEZ), Central Java. This milestone further strengthens Indonesia’s electric vehicle (EV)…
First Export Success: Basreng and Various Chips from Bekasi Enter the Japanese Market
PT Elok Niaga Indonesia, an MSME fostered by Bekasi Customs, successfully conducted its first export of various snack products, including basreng, tempe chips, oncom chips, and tofu chips, to Japan. The shipment was made through Soekarno-Hatta Airport on Friday, 27 September 2024. PT Elok Niaga Indonesia, under the Mama Yon…
LPEI and UK Export Finance Collaboration Boosts Indonesia's Export Potential
The partnership between Indonesia Eximbank (LPEI) and UK Export Finance (UKEF) is seen as a step towards creating new business opportunities for Indonesian exporters. This collaboration aims to foster responsible, green, and sustainable trade that has a positive impact on the economy. The Memorandum of Understanding (MoU), signed in Jakarta,…
Investment in the Open Trade Sector in Tarakan
Apart from the forestry and timber sectors, the wholesale trade sector is considered one of the open investment opportunities in Tarakan, according to Sugeng, the Head of the Tarakan Investment and One-Stop Integrated Service Office (DPMPTSP). Sugeng highlighted that there is potential in establishing malls combined with recreational facilities or…
