Business News
Build an Agreement to Realize the Creative Economy as the New Engine of National Economic Growth
The Head of the West Java Provincial Tourism and Culture Office, Benny Bachtiar, attended the Creative Economy Institutional Coordination Meeting in Jakarta on Tuesday, December 10, 2024. The event, initiated by the Ministry of Creative Economy (Menekraf/Bekraf), aimed to support the government's target of making the creative economy a new…
Ministry of Industry Records 28% Increase in Food & Beverage Sector Investment in Q3 2024
The Ministry of Industry (Kemenperin) has reported a 28% year-on-year increase in food and beverage (mamin) industry investment, reaching IDR 30.23 trillion in Q3 2024. This investment includes Foreign Direct Investment (FDI) worth IDR 13.44 trillion and Domestic Direct Investment (DDI) amounting to IDR 16.79 trillion. Putu Juli Ardika, Director…
Focused Group Discussion on the Formulation of Export Development Policy
The Director General of National Export Development, Mardyana Listyowati, led a Focused Group Discussion on the Formulation of Export Development Policy, which was held in a hybrid format from Jakarta on Wednesday, December 11. This discussion aimed to gather insights on the practices of providing promotional facilitation abroad in support…
Indonesia to Build Oil Storage Facility Near Singapore
Indonesia's Minister of Energy and Mineral Resources, Bahlil Lahadalia, announced plans to construct a strategic oil storage facility on an island near Singapore. The project aims to bolster the nation's energy sovereignty in line with President Prabowo's vision. "We will build storage with a capacity for 30–40 days of supply,"…
