Business News
Government to Revise Export Foreign Exchange Regulations for Natural Resources, Extend Placement Period
The Indonesian government plans to revise the regulations on foreign exchange (DHE) generated from the exploitation and processing of natural resources (SDA). Coordinating Minister for Economic Affairs Airlangga Hartarto announced that the revision, following President Prabowo Subianto's directive, will extend the mandatory period for exporters to hold DHE SDA within…
Stable Amid Global Challenges, Indonesia's Textile Industry Attracts Strong Investor Interest
The Indonesian government continues to strengthen international economic partnerships to support national economic growth. Despite global challenges, Indonesia remains an attractive destination for investors, particularly in the textile industry. Minister of Economic Affairs Airlangga Hartarto recently met with Taiwan Textile Federation representatives and the Indonesian Textile Association (API) to discuss…
Special Economic Zone Advances Sustainable Industrial Development
The Special Economic Zone (KEK) is emerging as a vital infrastructure to drive Indonesia's economic growth and attract global investment. Among Indonesia's KEKs, the Java Integrated Industrial & Ports Estate (JIIPE) in Gresik stands out. During his recent visit, Singapore’s Ambassador to Indonesia, Kwok Fook Seng, expressed hope that JIIPE’s…
Prabowo’s Attendance at APEC and G20: Key Opportunity for Indonesia’s Investment Growth
The Chairman of Indonesia’s Chamber of Commerce and Industry (Kadin), Anindya Bakrie, views Presiden Prabowo Subianto’s upcoming attendance at the APEC Summit in Peru and the G20 Summit in Brazil as a strategic opportunity to attract foreign direct investment (FDI) to Indonesia. During a gala dinner in Jakarta with international…
