Business News

Indonesian Food and Beverage Industry Thrives with Exports Reaching IDR 237 Trillion

Minister of Industry Agus Gumiwang Kartasasmita highlighted the significant role of the food and beverage (F&B) industry in supporting Indonesia's economic growth. In Q1 2024, the F&B sector contributed 39.91% to the non-oil and gas industry GDP and 6.97% to the national GDP, growing by 5.87% year-on-year. From January to…

Geological Agency Launches GeoRima App to Boost Mining Investment

The Geological Agency of Indonesia's Ministry of Energy and Mineral Resources (ESDM) has introduced GeoRIMA (Geological Resources of Indonesia Multiplatform Application), a groundbreaking tool designed to attract investment in the mining sector. Head of the Geological Agency, Muhammad Wafid, stated that the app provides comprehensive information on the potential of…

Investment Made Easier with Detailed Spatial Plans in IKN Area

The Coordinating Ministry for Economic Affairs announced that the Ibu Kota Nusantara (IKN) area has fulfilled nine Detailed Spatial Plans (RDTR). Wahyu Utomo, Special Staff for Regional Development Acceleration, Infrastructure Development, and Investment, expressed confidence that these RDTRs would attract investors to the IKN area due to the clear status…

Minister of Tourism and Creative Economy Invites Dozens of Investors to Invest in Labuan Bajo

Minister of Tourism and Creative Economy (Menparekraf) Sandiaga Salahuddin Uno invited 20 investors to invest in Labuan Bajo during an Investor Roundtable Discussion. "Today, there have been two signings, and tomorrow, there will be a groundbreaking by one of the investors present, namely the Eiger Group," he said in Labuan…
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