Business News

Luhut: Indonesia Will Be One of The World's Largest Producers of Lithium Batteries and Electric Cars in 2027

The Coordinating Minister for Maritime Affairs and Investment (Menko Marve), Luhut Binsar Pandjaitan said, on Monday (16/1), an electric battery manufacturer from China, Contemporary Amperex Technology Co. Limited (CATL), has signed an investment agreement with Mind ID. With this agreement, it is predicted that in 2027 Indonesia will become the…

Ministry of Energy and Mineral Resources Targets Increase in Coal Production This Year

The Ministry of Energy and Mineral Resources (ESDM) is targeting an increase in coal production this year. Director of Coal Business Development Lana Saria said that coal production for this year is set at 694.5 million tons. This number has increased compared to the 2022 target of 663 million tons.…

These Are the Four Sectors Driving Aceh's Economy in 2023

Bank Indonesia (BI) Aceh Province stated that there are four business sectors that will drive economic growth in Indonesia's westernmost province in 2023, namely agriculture, tourism, mining and the processing industry."These four business sectors will boost Aceh's economy in 2023, so that the economy will grow in a higher quality,"…

Through Collaboration, Indonesia-Malaysia Able to Master The World Halal Industry

The development of the world's halal industry continues to experience rapid development from year to year. Indonesia and Malaysia as one of the players are considered to need to work together more to be able to jointly dominate the global halal industry ecosystem.Indonesian Extraordinary and Plenipotentiary Ambassador to Malaysia, Hermono,…
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