Business News
Indonesia International Geothermal Convention & Exhibition 2024 Expected to Attract USD 3.7 Billion in Investments
The Indonesia International Geothermal Convention & Exhibition (IIGCE) 2024 is projected to secure investments worth USD 3.7 billion (IDR 57.02 trillion, exchange rate as of Friday, 13 September = IDR 15,410) through various agreements set to be signed during the event. Chairman of the IIGCE 2024 Organizing Committee, Boyke Bratakusuma,…
Projected Trade Balance Surplus for Indonesia Reaches USD 2.38 Billion in August 2024
Indonesia's trade balance is expected to record a significant surplus in August 2024 compared to the previous month. BCA Chief Economist, David Sumual, estimates that the trade balance surplus in August 2024 will reach USD 2.38 billion, up from USD 472 million in July 2024. The surplus is primarily driven…
38th AEM-ASEAN Free Trade Agreement (AFTA) Council Meeting Highlights Regional Trade Progress
Indonesia, represented by Djatmiko Bris Witjaksono, Director General of International Trade Negotiations, led the Indonesian delegation at the 38th ASEAN Free Trade Agreement (AFTA) Council Meeting held in Vientiane, Laos, on Monday, 16 September. The meeting was chaired by Laos' Minister of Industry and Commerce, Malaithong Kommasith. The ASEAN Trade…
Indonesia Has the Most Dynamic Startup Development Ecosystem in ASEAN
The Ministry of Tourism and Creative Economy (Kemenparekraf) has highlighted that Indonesia holds the most dynamic ecosystem for startup development in Southeast Asia (ASEAN), with the country currently hosting over 2,500 active startups. "Indonesia is home to more than 2,500 active startups, making it one of the most dynamic ecosystems…
