Business News
Increase Sumatra’s Export Potential, LPEI Holds Forum with Top Exporters
The Indonesia Eximbank (LPEI) held a forum with top exporters from North Sumatra (Sumut) during the "LPEI Export Forum and 2024 Special Export Assignment Program Socialization" on Thursday, July 25, 2024. This event was organized in collaboration with the Directorate General of Financing and Risk Management (DJPPR) of the Ministry…
Balikpapan Ready to Become a Creative Economy Hub: Welcoming the Nusantara Capital Era
Balikpapan, traditionally recognized as an industrial and service hub, faces significant challenges and opportunities with the establishment of the new capital, Ibu Kota Nusantara (IKN), in Penajam Paser Utara and Kutai Kartanegara. This development positions Balikpapan as a crucial gateway, necessitating readiness for substantial changes. The creative economy sector becomes…
Indonesia Promotes Global Cooperation on Economy and Climate at G20 Brazil
Indonesian Finance Minister Sri Mulyani Indrawati emphasized the importance of global cooperation to address economic challenges and climate change at the Third G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Brazil. She highlighted the necessity of economic coordination to tackle global issues such as climate change and inequality,…
Indonesia Set to Boost EV Battery Production to 1,143 GWh with New Smelters
Indonesia is poised to significantly increase its production capacity for electric vehicle (EV) battery materials, potentially reaching 1,143 gigawatt hours (GWh), thanks to four new smelters set to commence operations. Agus Tjahajana Wirakusumah, Special Staff to the Minister of Energy and Mineral Resources for Industrial Development Acceleration, highlighted the rapid…
