Business News
Indonesia Has The Opportunity To Become A Global Supplier of Electric Vehicle Components
The Secretary-General of the Indonesian Automotive Manufacturers Association (GAIKINDO), believes that Indonesia has the potential to become a global supplier of electric vehicle (EV) components in less than 20 years. This opportunity is wide open, but Indonesia needs to focus on developing the upstream ecosystem of the domestic industry, including…
Magelang City’s First Semester of 2023 Investment Realisation Achieve IDR 446 Billion
The head of the Integrated Investment and One-Stop Service Office (DPMPTSP) of Magelang City, stated that the investment realization in Magelang City for the first semester of 2023 reached IDR 446 billion, which is approximately 46.6% of the targeted IDR 956 billion, and the average annual increase is about 16%…
Pursuing the 1 Million BOPD Oil Production Target, Indonesia Requires USD 186.7 Billion in Investments.
Head of the Special Task Force for Upstream Oil and Natural Gas Business Activities (SKK Migas), Dwi Soetjipto, has set a target of USD 186.7 billion in investments to achieve a production goal of 1 million barrels of oil per day (BOPD) and 12 billion standard cubic feet per day…
BPOM Confident in Indonesian Processed Food Products' Success in the Saudi Arabian Market
The Indonesian Food and Drug Regulatory Agency (BPOM) is hopeful about Indonesian processed food products breaking into the Saudi Arabian market through a collaboration with the Saudi Food and Drug Authority (SFDA/BPOM Saudi Arabia). This partnership focuses on ensuring drug and food product quality and safety, particularly facilitating access to…
