Business News
South Korean Company Invests IDR 21.8 Trillion in Car Spare Parts
As the rapid development and population growth in Palangka Raya continues, a South Korean company has been aggressively investing in the region. Recently, Hyundai introduced its latest car model, the Creta, to the public. Effendi, the Branch Manager of Hyundai Palangka Raya, explained that the mass production of this new…
Trade Minister Releases Steel Exports to New Zealand Worth USD 1.5 Million
The Minister of Trade, Budi Santoso, released an export of 1,200 metric tons of welded beam steel products, produced by PT Gunung Raja Paksi, worth USD 1.5 million to New Zealand. Budi explained that this export opportunity was made possible by Indonesia's participation in the ASEAN-Australia-New Zealand Free Trade Area…
Rising by 5.3 %, Indonesia's Imports in 2024 Will Reach USD 233.66 Billion
The Central Statistics Agency (BPS) reported that Indonesia's import value for 2024 will reach USD 233.66 billion, equivalent to IDR 3,808.65 trillion based on an exchange rate of IDR 16,300 per USD. Acting Head of BPS Amalia Adininggar Widyasanti stated that this represents a 5.31% increase, or an additional USD…
Masdar: Indonesia Becomes the Center of Renewable Energy in Southeast Asia
Abu Dhabi, United Arab Emirates (UAE)-based clean energy company Masdar said that Indonesia is the renewable energy hub in the Southeast Asia region. "Jakarta is our hub for Southeast Asia. In Jakarta, we decided to build our office," Masdar Chief Operating Officer (COO) Abdulaziz Alobaidli told ANTARA when met in…
