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…
Sandiaga Uno Aims for Sustainable Investments in the Tourism Sector, Targeting IDR 122.512 Trillion
Sandiaga Uno, the Minister of Tourism and Creative Economy, has set a target for sustainable investments in Indonesia's tourism sector during the ASEAN-Indo-Pacific Forum (AIPF) to reach 8 billion US dollars or IDR 122.512 trillion. According to the Minister, this target primarily focuses on Indonesia's super-priority destinations, which are being…
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…
