Business News
BI Jambi Accelerates Food Downstreaming for Regional Economic Independence
Bank Indonesia (BI) Jambi is pushing for the acceleration of food downstreaming to strengthen regional economic resilience. BI Jambi Head Warsono emphasized that the province’s heavy reliance on natural resources makes it vulnerable to global commodity price fluctuations. Developing value-added agricultural products, particularly from palm oil, can enhance economic stability…
The Panjang-Lematang Port Toll Project Potentially Stimulates Economic Growth in Four Regions in West Lampung
The Panjang-Lematang Port Toll Road project is planned to span 11.74 kilometres, to promote economic development in the West Lampung districts, encompassing West Lampung, Tanggamus, Pringsewu, and Pesisir Barat. The project will support the production of commodities in these areas, including agriculture, plantations, livestock, fisheries, forestry, and mining. Agricultural products…
Vinfast to Invest IDR 4 Trillion in Electric Vehicle Factory in Subang
The Investment and Downstream Minister and Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, has confirmed that Vinfast is planning a major investment in Indonesia, primarily in the electric vehicle sector in Subang, with an investment value of IDR 4 trillion. Vinfast aims to produce 50,000 vehicles per…
Initial Export of Sweet Soy Sauce, Produced by Micro, Small and Medium Sized Enterprises - UMKM BISA, to Saudi Arabia
The Secretary of the Directorate General of National Export Development, Arief Wibisono, released the first export of Surabraja Sweet Soy Sauce products, manufactured by PT Siraj Badawi Cukup Rupiah, to Saudi Arabia, with a total export value of USD 27,255. This first export release is a follow-up to the 39th…
