Business News
West Java and Central Java Collaborate in Managing Economy-Social Culture at Borders
The Provincial Government of West Java (Jabar) has signed a cooperation agreement with Central Java (Jateng) to manage regional borders and collaborate on initiatives to boost economic and socio-cultural development in the border areas. This agreement covers several border segments, including Cirebon-Brebes, Kuningan-Brebes, Kuningan-Cilacap, Ciamis-Cilacap, Banjar-Cilacap, and Pangandaran-Cilacap. Herman Suryatman,…
President Jokowi: Indonesia Towards a New Economic Superpower
President Joko Widodo (Jokowi) expressed his confidence that Indonesia can become one of the new economic superpowers alongside China and India. This statement was made during the opening of the BNI Investor Daily Summit 2024 at the Jakarta Convention Center (JCC) Senayan, DKI Jakarta Province, on Tuesday, October 8, 2024.…
Nusantara Capital Development as Indonesia's New Economic Magnet
Since the beginning of his second term, President Joko Widodo has launched a monumental ambition to relocate the national capital from Jakarta to Nusantara in East Kalimantan. This strategic move aims to create a more sustainable and integrated economic center. President Jokowi envisions Nusantara not only as a symbol of…
LFP Cathode Factory Inaugurated in Kendal SEZ, Strengthening Indonesia's Electric Vehicle Industry
On Tuesday, 8 October 2024, Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, inaugurated the first phase of lithium iron phosphate (LFP) cathode material production by PT LBM Energi Baru Indonesia at the Kendal Special Economic Zone (SEZ), Central Java. This milestone further strengthens Indonesia’s electric vehicle (EV)…
