Business News
BP Batam: Tourism and Health SEZ to Operate by 2026
BP Batam has announced that the Special Economic Zones (SEZ) for Tourism and Health in Batam are expected to be operational by 2026. Acting Head of BP Batam, Purwiyanto, stated on Tuesday that the zones would begin operating after construction is completed. The groundbreaking is projected for November 2024, with…
Coordinating Minister Airlangga Highlights 3 Keys to Boost Indonesia's Economic Growth
The government has set a target for Indonesia’s economic growth to reach 5.2% by 2025, with a long-term goal of 8% within five years. Coordinating Minister for Economic Affairs Airlangga Hartarto outlined three key strategies to support this growth: boosting investment, expanding export markets, and increasing labor-intensive industries. He shared…
Indonesian Government Launches BGCE Guidelines to Promote Sustainable Tourism
The Ministry of Tourism and Creative Economy, in collaboration with the National Development Planning Ministry (Bappenas), has introduced guidelines for implementing Blue, Green, and Circular Economy (BGCE) concepts in the tourism sector. These guidelines cover key areas such as hospitality, food services, transportation, and tourism zones. Rizki Handyani, Deputy of…
Data Center and Electric Vehicle Sectors Predicted to Dominate Industrial Areas in 2024
The Indonesian Industrial Estate Association (HKI) projects that the data center and electric vehicle (EV) sectors will lead in occupying industrial areas across Indonesia in 2024. HKI Chairman Sanny Iskandar stated that demand for industrial land for data centers has surged throughout 2024, driven by the rising need for digitalization…
