Business News
Indonesia Plans to Import 100,000 Dairy Cows from Brazil to Boost Milk Production
Indonesia is set to import 100,000 dairy cows from Brazil to boost domestic milk production. This initiative is based on a Memorandum of Understanding (MoU) between PT Asiabeef Biofarma Indonesia (Asiabeef) and Agropecuaria 31 (31 Group), initiated by the Ministry of Agriculture (Kementan). The agreement was reached during a bilateral…
Batam International Health Tourism SEZ Becomes Focus of MFA 2024 in Singapore
The Head of the Batam Business Authority (BP Batam), Muhammad Rudi, represented by Irfan Syakir Widyasa, Head of KPBPBB and SEZ Development, spoke at the Industry Suppliers Networking Session during the Medical Fair Asia 2024 & Medical Manufacturing Asia, held on 12 September 2024 at Marina Bay Sands, Singapore. Organized…
Indonesia International Geothermal Convention & Exhibition 2024 Expected to Attract USD 3.7 Billion in Investments
The Indonesia International Geothermal Convention & Exhibition (IIGCE) 2024 is projected to secure investments worth USD 3.7 billion (IDR 57.02 trillion, exchange rate as of Friday, 13 September = IDR 15,410) through various agreements set to be signed during the event. Chairman of the IIGCE 2024 Organizing Committee, Boyke Bratakusuma,…
Projected Trade Balance Surplus for Indonesia Reaches USD 2.38 Billion in August 2024
Indonesia's trade balance is expected to record a significant surplus in August 2024 compared to the previous month. BCA Chief Economist, David Sumual, estimates that the trade balance surplus in August 2024 will reach USD 2.38 billion, up from USD 472 million in July 2024. The surplus is primarily driven…
