Business News
South Korea Aims to Double Trade Volume with Indonesia
South Korea is seeking to double its trade volume with Indonesia in the coming years, according to Park Soo-deok, the Deputy Ambassador of South Korea to Indonesia. Speaking at the Indonesia-Korea Economic Partnership Forum in Jakarta on Wednesday, Park emphasized South Korea's intent to significantly increase investments in Indonesia. Currently,…
Kepri Special Economic Zone Poised to Become Indonesia's Investment Gateway and Economic Growth Driver
The policy spearheaded by Coordinating Minister for Economic Affairs, Airlangga Hartarto, to develop various Special Economic Zones (SEZs) across the regions has been praised as a strategic move. According to CSIS Executive Director Yose Rizal Damuri, the decision to position the Riau Islands (Kepri) as an investment gateway and a…
Ministry of Tourism and Creative Economy Designates 6 Regencies/Cities in 2024 as Role Models for Creative Economy Development
The Ministry of Tourism and Creative Economy (Kemenparekraf/Baparekraf) has designated six regencies/cities as role models for developing leading creative economy subsectors in Indonesia. These regions are Buleleng Regency for craft, Garut Regency for performing arts, Grobogan Regency for culinary arts, Karawang Regency for performing arts, South Jakarta City for fine…
Indonesia's Collaborative Batik for ASEAN Becomes a Symbol of Collaboration and Harmony While Driving the Creative Economy
Batik, recognized by UNESCO as a significant form of art and craftsmanship, is not only a treasured cultural heritage of Indonesia but also a promising economic asset. In celebration of the 57th ASEAN Anniversary, the Indonesian Coordinating Ministry for Economic Affairs, in collaboration with the Warisan Budaya Indonesia (WBI) Foundation,…
