Business News
Indonesia Accelerates Electric Vehicle Industry with $346 Million Investment
Indonesia’s electric vehicle (EV) sector is experiencing rapid growth, attracting a total investment of IDR 5.77 trillion (USD 346 million) across electric buses, passenger EVs, and two- and three-wheelers. Setia Diarta, Director General for Metal, Machinery, Transportation Equipment and Electronics at the Industry Ministry, highlighted that domestic EV manufacturers are…
Indonesia Elevates Batik Standards to Strengthen Global Competitiveness
The Indonesian Ministry of Industry is advancing efforts to have small and medium-sized batik producers comply with Indonesian National Standards (SNI) to ensure product quality and authenticity while enhancing global competitiveness. Minister of Industry Agus Gumiwang Kartasasmita emphasized that adopting SNI will protect cultural heritage, boost consumer confidence, and open…
Indonesia’s Seaweed Industry Attracts Growing Global Investment
Indonesia’s seaweed sector is emerging as a major focus for international investors, driven by its versatile applications in food and non-food industries. Highlighted during the Investment and Business Matching event in Jakarta, seaweed stands out as a “champion commodity,” with nearly 1,000 species found in Indonesian waters. The Ministry of…
Indonesia Targets IDR 138 Trillion Through Expanded Plantation Downstreaming
Indonesia is preparing to unlock an estimated IDR 138 trillion in economic value between 2025 and 2027 by accelerating downstream processing across six key plantation commodities, with coconut offering the highest potential. The program is projected to create more than 1.6 million jobs and expand cultivation over 870,890 hectares. Agriculture…
