Business News

Indonesia and Angola Agree to Strengthen Economic Cooperation

On the sidelines of the 2nd Indonesia-Africa Forum in Bali, Indonesia's Foreign Minister Retno Marsudi held a bilateral meeting with Angola's Minister of State and Chief of Staff Adão de Almeida on September 2. They discussed strengthening bilateral cooperation, particularly in trade, agro-industry, and fisheries. Minister Retno emphasized that the…

Indonesia and Zanzibar Collaborate to Strengthen Blue Economy at the 2nd IAF

Deputy Foreign Minister Pahala Mansuri inaugurated the Zanzibar-Indonesia Investment Forum, themed “Navigating New Horizons in Blue Economy Cooperation,” on September 1, 2024. The forum was held alongside the second Indonesia-Africa Forum (IAF) in Nusa Dua, Bali, and attended by Zanzibar President Hussein Ali Mwinyi, Minister of Labour, Economy, and Investment…

Indonesian Ministry of Energy Accelerates CCS/CCUS Technology Development for Net Zero Emissions

The Human Resource Development Agency of the Ministry of Energy and Mineral Resources (BPSDM ESDM) is actively promoting the advancement and utilization of carbon capture and storage (CCS) and carbon capture utilization and storage (CCUS) technologies. In a statement on Monday, Prahoro Nurtjahyo, Head of BPSDM ESDM, reaffirmed Indonesia's commitment…

Investments in Parekraf Sector from ITIF 2024 Expected to Reach IDR 862.8 Billion

The Ministry of Tourism and Creative Economy (Kemenparekraf) has projected that investments in the tourism and creative economy (parekraf) sector, resulting from the 2024 International Tourism Investment Forum (ITIF), will reach IDR 862.8 billion. According to Nia Niscaya, Senior Expert in Tourism and Creative Economy, this projection is based on…
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