Business News

Investment in 20 Special Economic Zones Reaches IDR 8.5 Trillion in Q1 2023

Government of Indonesia has established 20 Special Economic Zones (SEZs), consisting of 10 industrial SEZs and 10 tourism SEZs. In the first quarter of 2023, the realization of investment in SEZs reached IDR 8.5 trillion, with an additional 54 businesses operating in the SEZs and the creation of 10,918 job…

Agam Achieves 374.40 Tons of Vannamei Shrimp Production

Dinas Ketahanan Pangan dan Perikanan (Food Security and Fisheries Agency) of Agam Regency in West Sumatra recorded a production of 374.40 tons of vannamei shrimp in the area during the first quarter from January to March 2023. The shrimp production came from several ponds along the coastline in Gadang Ketek…

Minister of Agriculture Syahrul Yasin Limpo Persuades South Korea to Invest in Modern Agriculture in Indonesia

Indonesia's Minister of Agriculture, Syahrul Yasin Limpo (SYL), successfully convinced South Korean officials to develop modern agriculture in Indonesia during a high-level agriculture minister meeting at the G20 India. The discussions focused on three key points, including modern farming and providing as many internship opportunities as possible for Indonesian millennial…

Minister of Industry Agus: Four-Wheeler Industry Becomes Foreign Exchange Hero by Penetrating Export Market

The Indonesian automotive industry continues to demonstrate its competitiveness in the global market, with increasing demand from export markets. This signifies that Indonesia is not only a production base but also an export hub for several renowned automotive manufacturers in the country. The Minister of Industry, Agus Gumiwang Kartasasmita, highlighted…
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