Business News
Government Develops Special Economic Zones to Attract Investment
Coordinating Minister for Economic Affairs Airlangga Hartarto has announced plans to develop several Special Economic Zones (KEK) in 2025. These include the Two Countries Twin Parks cooperation between Indonesia and Fujian Province, China, to encourage industrial investment in the Batang KEK, with an investment plan of IDR 16 trillion. Secondly,…
The Bird’s Nest Trade Summit Forum 2025, Ministry of Trade Strengthens Bird's Nest Exports to China
On 19 March 2025, the Indonesian Ministry of Trade (Kemendag) held the China-Indonesia Bird's Nest Trade Summit Forum 2025, attended by 30 Indonesian bird's nest enterprises, 30 members of the China Agricultural Wholesale Market Association (CAWA), and 5 Indonesian bird's nest associations. This event, a collaboration between Kemendag, the Indonesian…
Kutim Achieves Economic Growth Beyond Coal and Mining
The East Kutai Regency (Kutim) government successfully boosted economic growth in non-mineral and non-coal sectors in 2024, as reported by Regent Ardiansyah Sulaiman. Despite a 5.21% decline in Gross Regional Domestic Product (GRDP) due to reduced oil and gas contributions, non-mining sectors grew by 9.59%, reaching IDR 51.49 trillion—a 14.12%…
Great Opportunity for Exports to the UAE, These Are the Most Sought-After Commodities
Spices are a promising commodity to export from East Kalimantan to the United Arab Emirates (UAE). This is because the UAE is recorded as one of the largest consumers of spices in the Middle East. Some of the spices that are widely imported by the UAE include turmeric, pepper, cardamom,…
