Business News
Private Investment in Indonesian Capital City Project Reaches IDR 45 Trillion, Focused on Basic Infrastructure Development
The Minister of Public Works and Public Housing (PUPR), Basuki Hadimuljono, reports successful private investment inflows into the construction of basic infrastructure in the Indonesian Capital City or IKN Nusantara. This development has positively impacted various sectors, including the establishment of hospitals, hotels, offices, commercial and retail spaces, as well…
Jakarta's Enduring Allure for Investors: Economic Landscape and Investment Trends
The Provincial Government of Jakarta continues to champion direct investment as a means to generate employment opportunities for its residents, facilitated by streamlined business licensing processes. Investors are drawn to Jakarta not only for its business-friendly regulations but also for its comprehensive infrastructure, despite being the smallest province in Indonesia…
Automotive Industry Drives Economic Growth in Indonesia; GIIAS 2023 Opens in Bandung
The city of Bandung stands as a crucial economic hub in West Java Province, where numerous economic transactions unfold. Johannes Nangoi, Chairman of the Indonesian Motor Vehicle Industry Association (GAIKINDO), emphasized this during the opening ceremony of the Gaikindo Indonesia International Auto Show (GIIAS) 2023 in Bandung on Wednesday (22/11/2023).…
Robust Economic Growth in NTB Surpasses National Average
H. Wirawan Ahmad, General Administration Assistant of the NTB Provincial Secretariat, affirms that the inclusive economic growth in the NTB Province surpasses the national average. According to NTB BPS data, the NTB economy in the first quarter of 2023, compared to the same period in 2022, experienced a growth rate…
