Business News

Kepri Special Economic Zone Poised to Become Indonesia's Investment Gateway and Economic Growth Driver

The policy spearheaded by Coordinating Minister for Economic Affairs, Airlangga Hartarto, to develop various Special Economic Zones (SEZs) across the regions has been praised as a strategic move. According to CSIS Executive Director Yose Rizal Damuri, the decision to position the Riau Islands (Kepri) as an investment gateway and a…

Ministry of Tourism and Creative Economy Designates 6 Regencies/Cities in 2024 as Role Models for Creative Economy Development

The Ministry of Tourism and Creative Economy (Kemenparekraf/Baparekraf) has designated six regencies/cities as role models for developing leading creative economy subsectors in Indonesia. These regions are Buleleng Regency for craft, Garut Regency for performing arts, Grobogan Regency for culinary arts, Karawang Regency for performing arts, South Jakarta City for fine…

Indonesia's Collaborative Batik for ASEAN Becomes a Symbol of Collaboration and Harmony While Driving the Creative Economy

Batik, recognized by UNESCO as a significant form of art and craftsmanship, is not only a treasured cultural heritage of Indonesia but also a promising economic asset. In celebration of the 57th ASEAN Anniversary, the Indonesian Coordinating Ministry for Economic Affairs, in collaboration with the Warisan Budaya Indonesia (WBI) Foundation,…

Ministry of Environment and Forestry Reminds That Bioprospecting Can Support Economic Growth

The Ministry of Environment and Forestry (KLHK) has emphasized that the bioprospecting procedures, or the utilization of Indonesia's genetic resources, have the potential to boost economic performance and positively impact community welfare. According to Nunu Anugrah, Director of Conservation of Biodiversity, Species, and Genetics at KLHK, bioprospecting not only supports…
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