Business News
Major Infrastructure “Indonesia Arena” Enhances Entertainment Industry and Sports Facilities Across the Country
The recent completion and inauguration of the Indonesia Arena by the President of Indonesia marks a joyous moment for the country. This modern sports complex stands as one of the government's ambitious mega-infrastructure projects, aiming to enhance sports facilities and advance the entertainment industry in Indonesia. The Indonesia Arena project…
Coordinating Minister for Maritime Affairs and Investment Invites Solar Power Investors from Singapore and China to Invest in Indonesia
The Indonesian Coordinating Ministry for Maritime Affairs and Investment (Menko Marves) is actively working to attract foreign investors for solar module production and battery storage technology in Indonesia. After discussions with the Singaporean government, both countries have agreed to develop mutually beneficial industries. This collaboration aims to create a supply…
Economist: Enhancing Human Resource Quality Stimulates Manufacturing Expansion
Kiki Verico, an economist from the Institute for Economic and Social Research at the University of Indonesia (LPEM UI), has highlighted several steps to stimulate the growth of the manufacturing industry in the country. One key approach is the enhancement of the quality of the manufacturing workforce, emphasizing the need…
Strong! Industry Grows, Trade Balance Surpus, as Global Economy Slows
The industrial sector, which is the main force in the national economy, continues to move despite facing various challenges such as the global economic slowdown to the Covid-19 pandemic. Expectations of Indonesian manufacturing companies remain positive in July 2023 with a score of 53.30. The processing industry also still contributes…
