Business News
With a Robust Economy, IPCC Is Confident in Reaching the Target of 1 Million CBU Car Exports
The performance of PT Indonesia Kendaraan Terminal TBK (IPCC), a hub or port for exporting cars in Indonesia, has witnessed improvement in line with the economic recovery. The growth can be attributed to three sources: around 70% from Completely Built Up (CBU) car exports, 10-15% from heavy equipment, and the…
Anticipating East Java's Role as the Halal Industry Hub of Indonesia
The establishment of a halal industry hub in Indonesia is anticipated to thrive in East Java. Consequently, the active participation of various entities in the Halal SME Expo 2023 in Malang is poised to exert a notably positive impact on the advancement of both the halal industry and the development…
Ministry of Finance Unveils Strategies for Drawing Green Investments into Indonesia
The Indonesian government has introduced a range of fiscal incentives to attract private investments, notably in the realm of green projects. Notably, the country has secured a substantial commitment of USD 20.3 billion in investments for the electric vehicle supply chain. These incentives, including tax holidays, allowances, value-added tax facilities,…
Minister Airlangga Outlines Government's Approach to Achieve Indonesia Emas 2045 Vision
Indonesia's economy is displaying strength with a 5.17% growth in Q2 2023, reflecting the nation's journey towards its "High Income Country" goal by 2045 as part of the Indonesia Emas 2045 Vision. Minister of Economic Affairs, Airlangga Hartarto, outlined the objectives for 2045, which include reaching a USD 9.8 trillion…
