Business News
BI NTB Remains Committed to Developing Organic Vanilla for Export Market
The Bank Indonesia (BI) Representative Office in NTB Province is actively promoting the export of NTB's key commodities, including organic vanilla, beyond mining products. Vanilla, a plantation product in NTB, has established export markets in several European countries and the United States. Head of the BI Representative Office in NTB,…
Solid Performance! SME Achieves IDR 700 Million from Exporting Aromatherapy Candle
Jakarta Candle, an Indonesian SME, has successfully introduced its uniquely scented cinnamon wood spice candles to the international market. Yulianah, the entrepreneur behind the product, has achieved an annual revenue of IDR 700 million. With support from the Indonesian Eximbank, Yulianah has received guidance since 2018, facilitating her participation in…
Semen Indonesia Intensifies Use of EBT in Factories
PT Semen Indonesia (Persero) Tbk (SIG) is intensifying the adoption of Renewable Energy (EBT) across its operations as part of its sustainability strategy to reduce Greenhouse Gas (GHG) emissions. Subsidiary PT Solusi Bangun Indonesia Tbk (SBI) is contributing to this initiative by utilizing solar energy as an environmentally friendly alternative…
Chinese Automotive Manufacturers Increasingly Investing in Indonesia
Chinese automakers are making significant inroads into Indonesia's electric vehicle (EV) market with substantial investments. PT Chery Sales Indonesia initiated CKD production of its Omoda E5 EV at PT Handal Indonesia Motor's plant, investing around IDR 250 billion. Recognizing heightened demand, Chery plans to expand production and explore international exports.…
