Business News
8,000 Hectares Prepared for the Majalengka Industrial Zone
The Majalengka Regency Government is proposing a revision to its Spatial Planning Regulation (RTRW) to support industrial growth by designating 8,000 hectares in the northern region of Majalengka as an official industrial zone. Regent Eman Suherman emphasized the importance of formalizing this area, where industries have already begun to develop,…
DKP Prioritizes Growth of Capture Fisheries, Aquaculture, and Processing Industry in North Maluku
Sofifi, North Maluku — The Regional Marine and Fisheries Agency (DKP) has reaffirmed its commitment to developing North Maluku's capture fisheries and aquaculture sectors, aligning with national priorities and local leadership under Sherly-Sarbin. Acting Head of DKP, Fauzi Momole, stated that the region’s vast marine area requires integrated programs with…
National AC Industry Heats Up as Producers Boost Investment and Output
Indonesia’s air conditioner (AC) industry is experiencing a resurgence, driven by rising domestic demand and fresh investments from major manufacturers. PT Daikin Industries Indonesia has officially begun mass production at its first full-scale residential AC plant in Cikarang, West Java, with an annual capacity of 1.5 million units. Backed by…
Indonesia and UK Strengthen Economic and Investment Cooperation
Coordinating Minister for Economic Affairs Airlangga Hartarto recently met with UK Ambassador Dominic Jermey to deepen bilateral relations following President Prabowo Subianto’s visit to the UK in November 2024. The meeting reaffirmed both countries’ commitment to open and sustainable economic cooperation, particularly in addressing rising global protectionism and supply chain…