Business News

Showing the Potential of Indonesia’s Creative Industries in Localfest 2022

The Senayan East Parking Area was very crowded on September 9th. Young people, mostly in streetwear style, visited various tenants who attended the Localfest 2022 event. Localfest 2022 highlights local works in the fields of fashion, culinary, music, and art. The concept can be said to be similar to the…

Vice President Ma’ruf Amin Hopes the Sports Industry Contributes to Economic Growth

Vice President Ma’ruf Amin wants the sports industry in Indonesia not only to produce healthy lifestyles and outstanding athletes but also to contribute to economic growth. He conveyed it when he was inaugurating the opening of the 39th National Sports Day (Haornas) 2022 at Batakan Stadium, Balikpapan City, East Kalimantan,…

Domestic Motorcycle Sales Reach 500 Thousand Units in August 2022

The Indonesian Motorcycle Industry Association (AISI) reported that domestic motorcycle sales reached 524,821 units in August 2022. This realization increased by around 60.76% (month-on-month) compared to July 2022 which was 326,452 units. This achievement also increased by around 11.64% (year-on-year) compared to sales in August 2021 which amounted to 470,065…

Indonesia Aims to Be the Largest Investment Location for the Netherlands in ASEAN

Indonesia wants to be the location of the Netherlands' largest investment in Southeast Asia (ASEAN). "Currently (Dutch investment) is the largest in Malaysia and Vietnam," said the Indonesian Ambassador to the Netherlands Mayerfas when met in The Hague, Netherlands, last Saturday (3/9). Mayerfas said the Netherlands tends to place capital-intensive…
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