Business News
Indonesia’s EV Market Surges Following 2023 Incentive Policy
Indonesia’s electric vehicle (EV) market has recorded strong growth since the introduction of incentives under Presidential Regulation No. 79 of 2023. From the end of 2023 to the end of 2025, total EV sales expanded significantly from around 17,000 units to approximately 103,000 units. The policy has created a more…
KKP Successfully Adds 40 Fish Processing Units as New Exporters to China
The Ministry of Marine Affairs and Fisheries, through the Fish Quality Control and Supervision Agency (BPPMHKP), announced the addition of 40 Fish Processing Units (UPI) that are now officially licensed to export to China. This achievement was reached following a rigorous verification and auditing process conducted by the General Administration…
Indonesia’s Sovereign Wealth Fund Danantara Aims to Triple Assets by 2030
Danantara Indonesia, the country’s sovereign wealth fund, unveiled an ambitious plan to triple its managed assets by 2030 through strategic consolidation and value creation, senior leadership announced at the World Economic Forum in Davos. Currently managing roughly USD 900 billion in assets, Danantara plans to streamline around 1,068 state-owned enterprises…
Potato Downstreaming Becomes Key to Increasing Farmer Value-Add in Kerinci
The Minister of Agriculture emphasized that the potato commodity downstreaming program is a crucial factor in transforming the economy of farmers in Kerinci Regency, Jambi. By developing processing industries at the local level, farmers will no longer just sell raw produce but will be able to produce derivative products with…
