Business News
Indonesian Government Launches BGCE Guidelines to Promote Sustainable Tourism
The Ministry of Tourism and Creative Economy, in collaboration with the National Development Planning Ministry (Bappenas), has introduced guidelines for implementing Blue, Green, and Circular Economy (BGCE) concepts in the tourism sector. These guidelines cover key areas such as hospitality, food services, transportation, and tourism zones. Rizki Handyani, Deputy of…
Data Center and Electric Vehicle Sectors Predicted to Dominate Industrial Areas in 2024
The Indonesian Industrial Estate Association (HKI) projects that the data center and electric vehicle (EV) sectors will lead in occupying industrial areas across Indonesia in 2024. HKI Chairman Sanny Iskandar stated that demand for industrial land for data centers has surged throughout 2024, driven by the rising need for digitalization…
Trade Ministry to Establish Aggregator, Boost Indonesia's Export Quality
The Indonesian Ministry of Trade (Kemendag) is planning to introduce an aggregator to enhance the competitiveness of local and export commodities, aiming to reduce dependency on imports. Trade Minister Budi Santoso emphasized that without competitive products, foreign goods would easily penetrate the market, including Indonesia's. The initiative is part of…
Mandalika SEZ Drives Tourism Growth in West Nusa Tenggara
The West Nusa Tenggara (NTB) Provincial Tourism Office (Dispar) reports that sports tourism activities at the Mandalika Special Economic Zone (SEZ) are key contributors to the region’s 2024 tourism target. According to Jamaludin Malady, Head of NTB Dispar, events such as MotoGP, Asia Road Racing Championship (ARRC), Mandalika Racing Series…
