Business News
Vice President Inaugurates Cimanggis–Cibitung Toll Road, Presents 3 Strategic Steps to Enhance Connectivity and Economy
The Indonesian government is committed to enhancing national connectivity to support economic growth and equitable development, with initiatives like the Cimanggis–Cibitung Toll Road in the Jabodetabek area. This toll road is expected to reduce travel time from Cimanggis to Cibitung to about 30-45 minutes, down from the previous 1-2 hours…
Dekranasda NTB Aims for Craft SMEs to Drive Sustainable Economy
The Acting Chairperson of the Regional National Craft Council of West Nusa Tenggara (Dekranasda NTB), Ny. Dessy Hassanudin, emphasized the importance of ensuring that craft products from local MSMEs are not only sold during exhibitions and events. She stated, "NTB is best known for its tenun (woven fabric) and pearls.…
West Nusa Tenggara Provincial Government Records IDR 8.84 Trillion in Investment Realization
The Provincial Government of West Nusa Tenggara (NTB) reported an investment realization of IDR 8.84 trillion in the first quarter of this year, achieving 33% of the national target and 35% of the regional target. "Domestic investment (PMDN) amounted to IDR 6.51 trillion, while foreign investment (PMA) reached IDR 2.33…
Ministry of Industry Cites Transportation Equipment Performance as the Backbone of Industrial GDP in 2023
The Ministry of Industry (Kemenperin) has reported positive performance in Indonesia's transportation equipment industry, which has become the backbone of the industrial GDP in 2023 with a growth rate of 7.63%. This was revealed by Acting Director General of Metal, Machinery, Transportation Equipment, and Electronics Industry (ILMATE), Putu Juli Ardika.…
