Business News

Bappenas: Data Center Development in Batam as a New Economic Opportunity

Andianto Haryoko, Coordinator for the Ecosystem and Utilization of Information and Communication Technology (ICT) at the Directorate of Electricity, Telecommunications, and Informatics of Bappenas, sees the construction of 10 data centers in the Nongsa Digital Park Special Economic Zone (SEZ) in Batam, Riau Islands, as a significant economic opportunity. According…

Ministry of Industry Grants Inclusive Funding Access to Startups through Startup4Industry Investment Summit

The Directorate General of Small, Medium, and Various Industries at the Ministry of Industry (Ditjen IKMA Kemenperin) hosted the Startup4Industry Investment Summit 2024. This forum aims to significantly boost the development of tech startups in Indonesia. Director General Reni Yanita stated that the summit connects selected startups from the Startup4Industry…

Bank Indonesia Outlines Three Economic Impacts of IKN Development

One key reason for moving the capital to Nusantara (IKN) is to promote inclusive and equitable economic growth, especially in eastern Indonesia. Since the start of IKN’s development in 2022, East Kalimantan (Kaltim) has already experienced significant economic changes. Budi Widihartanto, Head of Bank Indonesia's Kaltim Representative Office, highlighted three…

Sulawesi Selatan Exports 27 Commodities to 23 Countries, Reaches IDR 1.08 Trillion

The Provincial Government of South Sulawesi (Sulsel), through its Industry and Trade Office (Disperindag Sulsel), launched the Sulsel Go Export initiative, exporting 27 commodities to 23 countries. The total export volume was 138,734 tons, valued at USD 67.08 million, equivalent to IDR 1.08 trillion. Acting Head of Disperindag Sulsel, Since…
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