Business News
Indonesia Secures Investment Commitment Worth USD 11.5 Billion from China
The Indonesian government secured USD 11.5 billion of investment commitment from a Chinese company during Indonesia’s President two-day visit to Chengdu, China, on July 27-28. Indonesia’s Investment Minister who accompanied The President on the trip, stated that the commitment came from one of the world’s largest glass producers, Xinyi, to…
Mojokerto City Government Facilitates Business Licensing and Investment Realization Successfully Reach IDR 322 Billion
The Mojokerto City Government provides various conveniences in business licensing services. These efforts have successfully fostered an investment climate in Onde-Onde City, with a realization reaching IDR 322.1 billion in the second quarter of 2023. The ease of the licensing process is one of the keys for investors to invest…
Indonesia Enhances Mining Transformation Efforts
Indonesia plays a crucial role in the global copper industry, a basic commodity that is experiencing increased demand due to the growing production of electric vehicles and solar panels. According to the United States Geological Survey (USGS), Indonesia ranks sixth in copper mining production, with a total output of 920…
Aspiring to Be a Developed Nation, Eastern Indonesia Aims for a 28.5% Economic Contribution
To achieve Indonesia's Golden Vision 2045, the government aims for a 28.5% economic contribution from the Eastern Indonesian regions. Minister of National Development Planning/Head of the National Development Planning Agency (PPN/Bappenas), Suharso Monoarfa, highlights the potential of tourism and creative economy in Bali and Nusa Tenggara, as well as the…
