Business News
President Prabowo Encourages U.S. Investment in Meeting with USINDO
In a meeting with corporate members of the U.S.-Indonesia Society (USINDO) in Washington, D.C., on Monday (11/11), Indonesian President Prabowo Subianto encouraged further investment from American companies. According to a press release, Prabowo engaged directly with leaders from major U.S. corporations with longstanding investments in Indonesia, including Freeport, Chevron, General…
BP Batam Hosts FGD to Enhance Land Management System and Investment Projections
BP Batam organized a Focus Group Discussion (FGD) on the audit of its Land Management System (LMS) and the formulation of investment projections on 11 November 2024 at Balairungsari, Batam Center. The FGD brought together key stakeholders, including representatives from BP Batam, Universitas Indonesia's Pusilkom UI as the LMS audit…
Import Duty Incentives to Boost Geothermal Investment in Indonesia
The Indonesian Employers' Association (APINDO) has stated that import duty incentives for geothermal equipment will drive further investment in the sector. APINDO’s Vice Chair of Public Policy, Chandra Wahjudi, highlighted Indonesia's significant geothermal energy potential—around 24,000 MW or approximately 40% of the world’s geothermal reserves. According to Chandra, import duty…
INSPIRA 2024 Aims to Elevate Small and Medium Industries in Indonesia
The Fashion and Creative Industry Empowerment Center (BPIFK) is organizing the Investasi & Sinergi Produk IKM Nusantara (INSPIRA 2024) event on November 9-10, 2024, in Jakarta. This initiative seeks to strengthen Indonesia's Small and Medium Industries (IKM) sector, a vital driver of the economy in the lead-up to the “Golden…
