Business News
Four Foreign Companies Ready to Invest in Indonesia’s New Capital IKN
Minister of Investment and Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, announced that four foreign companies are prepared to invest in Indonesia’s new capital, Ibu Kota Nusantara (IKN). Following the first cabinet meeting held at IKN on Monday, 12 August, Bahlil revealed that companies from Japan and South…
Belitung’s Mangrove Crabs Enter Singapore’s High-End Market
Mangrove crabs from Belitung, located in the Bangka Belitung Islands Province, have successfully entered the Singaporean market, supplying prestigious restaurants and luxury hotels in the "Lion City." Darsono, a mangrove crab entrepreneur from Belitung, confirmed on Monday in Tanjung Pandan that while the crabs are not exported directly, they are…
Riau Islands' Coconut Milk Achieves First Export Milestone to Malaysia Worth IDR 382 Million
The Indonesian Agricultural Quarantine Agency (Barantin) through the Animal, Fish, and Plant Quarantine Center of the Riau Islands (Kepri) has certified and ensured the health of coconut milk products from Karimun Regency, leading to the first export shipment to Malaysia valued at IDR 382.7 million on 12 August 2024. The…
Indonesian Car Exports Rise by 4.7% in July 2024
Indonesian car exports saw positive growth at the beginning of the second half of 2024, with a notable increase in July. According to data from the Association of Indonesian Automotive Industries (Gaikindo), the export of domestically manufactured vehicles, categorized as completely built-up (CBU), rose by 4.7% month-on-month, from 38,569 units…
