Business News

Sleman Regency Government Opens Export Cooperation Opportunities with Seychelles

The Sleman Regency Government in Yogyakarta is exploring opportunities for export and other sector collaborations with Seychelles, an East African nation. This initiative follows discussions with Seychelles' Minister of Industry, Entrepreneurship, and Investment, Devika Vidot, during her visit to Sleman on Saturday, August 10. The meeting, held at the Parasamya…

Indonesia Overtakes Vietnam and Malaysia, Becoming the Second Largest Digital Investment Destination in ASEAN

Coordinating Minister for Economic Affairs, Airlangga Hartarto, announced that Indonesia ranked second as a digital investment destination in Southeast Asia in 2023, with digital economy investments reaching USD 22 billion. While still trailing Singapore, which absorbed USD 141 billion in investments, Indonesia has surpassed Vietnam and Malaysia, which recorded USD…

Collaborating with Agricultural Startups, PPI Exports 26 Tons of Coffee to Egypt

PT Perusahaan Perdagangan Indonesia (PPI), part of ID Food, has recently exported 26 tons of robusta green bean coffee from Malang to Egypt. This initiative, which will see the coffee shipped from Tanjung Perak Port in Surabaya on August 14, 2024, is part of a strategic effort to expand Indonesia's…

Chinese Project in Indonesia’s Kalimantan Brings Opportunities, Controversy Over Growing Clout

The Kalimantan Industrial Park Indonesia (KIPI) project in North Kalimantan, supported by Chinese investment, has introduced both economic opportunities and significant challenges. Launched in December 2021, KIPI is part of Indonesia's National Strategic Projects, aiming to become the world’s largest green industrial park, focused on producing EV batteries, petrochemicals, and…
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