Business News
Energy Sector Drives Economic Growth in Balikpapan, Mayor Rahmad Mas'ud Confirms
Mayor of Balikpapan, H. Rahmad Mas'ud, has emphasized that the strengthening of the national energy sector is a primary catalyst for the city's economic growth. As a strategic hub for the national energy industry, Balikpapan plays a crucial role in supporting energy security while simultaneously boosting the local economy. The…
Minister of Culture: Indonesian Intangible Cultural Heritage Becomes an Instrument to Grow the Economy in Indonesia
Indonesia’s Minister of Culture, Fadli Zon, emphasized that the nation’s Indonesian Intangible Cultural Heritage (WBTbI) has potential beyond global recognition — it can also be used as an effective tool to foster the creative economy in the country. He explained that by rebranding traditional cultural elements, such as Indonesia’s diverse…
Ministry of Trade Encourages Indonesian Soy Sauce Exports to the Netherlands Through a IDR 2 Billion Contract
The Indonesian Ministry of Trade (Kemendag) highlighted a key step in boosting the country’s culinary exports by facilitating a Letter of Intent (LoI) signing between an Indonesian soy sauce producer and a leading Dutch importer and distributor. The agreement, worth about USD 120,000 (around IDR 2 billion), was signed between…
Indonesia and UAE Explore Strategic Projects Ahead of 50 Years of Ties
Indonesia and the United Arab Emirates (UAE) are actively discussing a range of strategic economic cooperation projects as they approach the 50th anniversary of diplomatic relations this year. The discussions took place on the sidelines of the Abu Dhabi Sustainability Week, where Indonesia’s Coordinating Minister for Food Affairs, Zulkifli Hasan,…
