Business News
Indonesia to Export 2 Gigawatts of Clean Energy to Singapore
Coordinating Minister for Economic Affairs Airlangga Hartarto announced Indonesia's plans to export 2 gigawatts of clean electricity to Singapore. This initiative was discussed during the 2nd Asia Zero Emission Community (AZEC) Ministerial Meeting held at the St. Regis Hotel in Jakarta on 21 August 2024. The export plan is part…
Indonesia Proposes 34 Energy Transition Projects
The Indonesian government has proposed 34 energy transition projects at the Asia Zero Emission Community (AZEC) 2024 ministerial meeting in Jakarta, seeking funding from Japan. Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that Indonesia has submitted the largest number of projects this year, highlighting the country’s commitment to clean…
Indonesia's Furniture Export Market Expected to Grow by 8%
The Chairman of the Indonesian Furniture and Craft Industry Association (HIMKI), Abdul Sobur, forecasts that the export market for Indonesia's furniture industry will grow by 5-8% this year, with the domestic market expected to grow by 4-6%. Speaking in Surabaya, East Java, he highlighted that this growth will be supported…
Indonesia's Electrical Equipment Industry Poised for 15% Growth This Year
The Indonesian Electrical Equipment Manufacturers Association (APPI) is targeting a 10%-15% growth in the electrical equipment industry by the end of 2024, compared to the pre-COVID-19 levels in 2019. APPI Chairman Yohanes Purnawan Widjaja expressed optimism, stating, "We hope to achieve a minimum growth of 10%-15%." Currently, 85% of the…
