Business News

Mining and Construction Become the Mainstay of the Economy

In the second quarter of 2024, the economy of East Kalimantan (Kaltim) was dominated by five key sectors: mining, manufacturing, construction, agriculture, and trade. The construction and trade sectors exhibited positive growth, outperforming the previous quarter. Meanwhile, the mining and agriculture sectors also contributed positively, although at a slower rate…

Indonesia Presents 81 Investment Projects to New Zealand Investors

Indonesia has introduced 81 potential investment projects to New Zealand businesses during a working luncheon organized by the Indonesian Embassy in Wellington. The event, held in collaboration with the Indonesia Investment Promotion Centre (IIPC) Sydney and the Indonesia Trade Promotion Centre (ITPC) Sydney, highlighted opportunities for enhanced economic cooperation. Indonesian…

Indonesia to Increase Petrochemical Exports from Cilegon

Indonesia is set to boost its petrochemical exports as PT Lotte Chemical Indonesia (LCI) in Cilegon, Banten, gears up for production. Minister of Investment and Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, stated that the factory's products would be exported to Malaysia, Thailand, and India. Operations are expected…

Indonesia and Korea Strengthen Health Industry Cooperation through Medical Roadshow 2024

The Korea Trade-Investment Promotion Agency (KOTRA), the Embassy of the Republic of Korea, the Korea Pharmaceutical and Bio-Pharma Manufacturers Association (KPBMA), and the Korea Health Industry Development Institute (KHIDI), in collaboration with the Indonesian Ministry of Health and BPOM, held the "Indonesia-Korea Medical Roadshow 2024" on Wednesday (11/9/2024). The event…
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