Business News

Energy and Mineral Resources Ministry Announces Investment by 3 Companies in Solar Power Plants for Singaporean Export Market

The Indonesian Ministry of Energy and Mineral Resources (ESDM) reports a growing positive trend in investment commitments for the development of solar power (PLTS) in both upstream and downstream industries within the framework of clean electricity export cooperation to Singapore. Secretary-General of the ESDM Ministry, Dadan Kusdiana, states that three…

Indonesia's Competitiveness Ranking Rises As Investors Come In

Indonesia's Minister of Economic Affairs, Airlangga Hartarto, attributes the significant rise in Indonesia's competitiveness ranking in 2023 from 44th to 34th among 64 ranked countries to the successful implementation of the Job Creation Law (UU Ciptaker). This elevation is based on the World Competitiveness Ranking 2023 research by Switzerland's Institute…

Lifting the Manufacturing Sector, Ministry of Industry Together with Industry Need Structural Transformation

The manufacturing sector is the mainstay sector of the economy of developing countries, including Indonesia. This can be seen from the value of investment, export contribution, and the level of employment. Similarly, in terms of tax contributions, - sources of formal activity and foreign exchange of the country. Therefore, the…

Press Release: The Ministry of Tourism and Creative Economy Supports Indonesia Shopping Festival 2023

The Ministry of Tourism and Creative Economy supports the Indonesian Shopping Center Management Association (APPBI) to hold the Indonesian Shopping Festival (ISF) 2023 on August 10-20, 2023 which will be held simultaneously in all shopping centers in indonesia. In commemoration of Indonesia’s 78th Anniversary. Minister of Tourism and Creative Economy,…
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