Business News
President Jokowi Highlights Bauxite Downstreaming as Key Step Towards Indonesia's Industrialization
On 24 September 2024, President Joko Widodo officially inaugurated the First Bauxite Injection of Smelter Grade Alumina Refinery (SGAR) PT Borneo Alumina Indonesia in Mempawah, West Kalimantan. During his speech, President Jokowi emphasized the importance of natural resources downstreaming to end raw material exports, a practice dating back to the…
Local Footwear Industry Propels Indonesia's Economy to Global Standing
The Secretary of the Directorate General of Small and Medium Industries at the Ministry of Industry (Kemenperin), Riefky Yuswandi, announced that the local footwear industry is significantly enhancing Indonesia's economic position on the global stage. “As of the second quarter of 2024, the national footwear industry has achieved a growth…
Indonesian Ambassador to Vietnam Fully Supports Lobster Cultivation Initiatives
Diplomatic relations between Indonesia and Vietnam are witnessing positive advancements, particularly in the fisheries and aquaculture sectors. In a recent official meeting, HRM Khalilur R Abdullah Sahlawiy, an Indonesian entrepreneur engaged in lobster farming in Khan Hoa and Phu Yen provinces of Vietnam, introduced his business partners to the Indonesian…
Indonesia’s Tourism Investment Sees Significant Improvement
Positive news emerges from Indonesia's tourism sector, with the country achieving a remarkable rise of 10 positions in the 2024 Travel and Tourism Development Index (TTDI), as reported by the World Economic Forum (WEF). This index provides an updated assessment of tourism development in various countries following the pandemic. Released…
