Business News
Pacitan's Gemstone Craftsmanship Penetrates Export Market
The jewelry craft industry in Pacitan, East Java, has gained popularity among buyers, both locally and internationally. Istianah, the owner of OG Jewelry Pacitan, shared that their handmade gemstone jewelry has a growing demand. They produce up to 100 pieces per month and sell their products not only throughout Indonesia…
EU Aims to Conclude CEPA Negotiations with Indonesia This Year
European Union (EU) aims to conclude the Comprehensive Economic Partnership Agreement (CEPA) negotiations with Indonesia this year. Bernd Lange, Chair of the European Parliament's International Trade Committee, expressed optimism that the IEU-CEPA could be completed in 2023 through accelerated negotiation efforts from both sides. Having completed 14 rounds of negotiations…
Indonesia Receives USD 1.3 Billion Investment Proposal for Electric Vehicle Industry
Minister of Maritime Affairs and Investment Coordination, Luhut Binsar Pandjaitan, revealed that Indonesia has received a USD 1.3 billion investment proposal for the electric vehicle industry. The proposal, submitted by a prominent global electric vehicle manufacturer, aims to establish a manufacturing plant and distribution network in Indonesia, accelerating the development…
Sandi: Indonesian Cuisine in the Netherlands Holds Potential to Boost Spice Exports
Minister of Tourism and Creative Economy (Menparekraf), Sandiaga Uno, highlighted the presence of approximately 400 Indonesian culinary businesses scattered across the Netherlands, which holds the potential to boost the export of spices and herbs from Indonesia. Sandiaga stated that the large number of Indonesian culinary businesses in the Netherlands, including…
