Business News
Creative Economy, New Source of Growth for Advanced Indonesia
The resounding success of the Taylor Swift concert series in Singapore from March 2 to March 9, 2023, has drawn attention to the economic potential within the creative sector. Singapore's estimated tourism revenue of USD 260 million to USD 375 million serves as a testament to the collaborative power of…
Indonesia Becomes First Country in Southeast Asia to Mass Produce Electric Vehicle Batteries
PT Hyundai LG Indonesia (HLI) Green Power, based in Karawang, West Java, is set to make history in Indonesia's automotive industry by commencing mass production of the first electric vehicle batteries in the country. The commercial production of electric vehicle batteries is scheduled to begin in April 2024, marking a…
Reviving Community Economy, Indonesian Surveyors Empower Coffee Farmers in Pengalengan
PT Surveyor Indonesia (PTSI) is actively contributing to grassroots economic development through its Wanasuka Empowerment Program, a Corporate Social Responsibility (CSR) initiative. Collaborating with the Indonesian Farmers School Foundation, PTSI focuses on empowering the Kencana Windu farmer group in Wanasuka Village, West Java. This selection is based on the group's…
Electronic Industry Aims for Growth of Up to 10% in 2024
The Association of Electronic Entrepreneurs (Gabel) projects moderate growth of the electronic industry by 5%-10% in 2024. This projection is contingent upon the anticipated effectiveness of import restriction regulations. Secretary General of Gabel, Daniel Suhardiman, believes that the import restrictions stipulated in Trade Minister Regulation No. 36/2023 can shield the…
