Business News
Garut Emerges as Indonesia's Prime Wind Energy Potential, Attracting 3 Foreign Investors
Kabupaten Garut in Indonesia has emerged as a highly promising region with excellent wind energy potential. This has attracted significant interest from foreign investors who are keen to invest in the renewable energy sector, particularly in Garut, with investments valued in trillions of rupiah. The Department of Investment and Integrated…
Rattan Furniture Emerges as Cirebon's Prominent Export Commodity to ASEAN
The Cirebon Regency's Department of Trade and Industry (Disdagin) has highlighted rattan furniture as one of the region's notable export items, reaching out to ASEAN countries. According to Ine Triana, the Acting Head of Disdagin Cirebon Regency's Trade and Control of Basic and Essential Goods Division, "Rattan furniture is a…
Sandiaga Sets Target for Tourism Revenue to Reach USD 10 Billion This Year
Sandiaga Uno, Indonesia's Minister of Tourism and Creative Economy, has set a target of USD 10 billion in tourism earnings by 2023. Sandiaga believes that the tourism industry would increase at twice the rate it did in 2022. Sandiaga declared at the Joint National Meeting of the Indonesian Tourism Industry…
Highly Attractive Sectors for Prospective Investors in IKN
The Indonesian Ministry of Investment (BKPM) has revealed which industries have piqued the interest of prospective investors in the future Indonesia’s new capital city (IKN), with infrastructure, trade, and services leading the list. BKPM's Deputy for Investment Climate Development, Yuliot, revealed that the most recent investor to indicate interest via…
