Business News
Japan and South Korea Invest in IKN, Bahlil: Building Property
Indonesia's new capital, Ibu Kota Nusantara (IKN) in East Kalimantan, is set to receive substantial foreign investment, particularly in property development. Minister of Investment Bahlil Lahadalia announced that four foreign investors are preparing to enter, with confirmed interest from Japan and South Korea. These investors will focus on building residential…
KemenkopUKM Prepares MSME Transformation Plan for Economic Equity
The Ministry of Cooperatives and SMEs (Kemenkop UKM) is developing a strategic plan (Renstra) to drive the transformation of micro, small, and medium enterprises (MSMEs) in alignment with the upcoming government's vision of building from villages and grassroots to achieve economic equity and poverty alleviation. Yulius, Deputy for Micro Enterprises…
Temanggung Develops Organic Coffee Cultivation for Export Market
The Food Security, Agriculture, and Fisheries Office of Temanggung Regency, Central Java, is pioneering organic coffee cultivation in collaboration with private sectors to meet the growing demand from international markets. Head of the Office, Joko Budi Nuryanto, revealed on Tuesday in Temanggung that there has been significant interest in organic…
President Jokowi Announces IDR 56.2 Trillion Investment in Nusantara Capital City
On 12 August 2024, President Joko Widodo led the first Plenary Cabinet Meeting at Garuda Palace in Nusantara, the new capital located in Penajam Paser Utara, East Kalimantan. During the meeting, President Jokowi revealed that investments for the development of Nusantara have reached IDR 56.2 trillion, excluding the state budget…
