Business News

President Prabowo Announces Historic, Record-Breaking Domestic Rice and Corn Production

President Prabowo Subianto announced that Indonesia has achieved its highest-ever recorded production levels for rice and corn, marking a major milestone for national agricultural history. This production surge is the direct result of targeted agricultural reforms, including accelerated irrigation infrastructure projects, the optimized distribution of superior seed varieties, and a…

Tourism and Creative Economy Ministry Highlights Film Festivals as Catalysts for Regional Economic Growth

The Ministry of Tourism and Creative Economy (Kemenekraf) has highlighted the strategic role of regional film festivals in driving local economies and accelerating the growth of Indonesia's creative sectors. Speaking at a cultural event, Ministry officials emphasized that film festivals do far more than screen cinematic works; they act as…

Aceh Partners with Grasse, France to Elevate Local Perfume Industry and Patchouli Supply Chain

The Government of Aceh has established a strategic partnership with Grasse, France renowned as the perfume capital of the world to strengthen cooperation in the fragrance industry. This bilateral initiative focuses on enhancing the quality, processing, and global distribution of Aceh’s premium natural ingredients, particularly its world-class patchouli oil (minyak…

State-Owned Industrial Zones Evolve into Key Economic Pillars, Absorbing 300,000 Workers

Data from the Ministry of State-Owned Enterprises (BUMN) reveals that Indonesia’s state-managed industrial zones have become central drivers of regional economic growth and industrial modernization. Currently, these specialized zones encompass approximately 179 strategic industrial centers spread across the archipelago, serving as dedicated hubs for manufacturing, logistics, and supply chain integration.…
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