Business News
Batang Integrated Industrial Estate Deemed Capable of Driving Economic Growth
President Joko Widodo inaugurated the operational phase of the Batang Integrated Industrial Estate (KITB) in Batang Regency, Central Java. The management aims to attract as much foreign direct investment as possible from industrial relocation flows, which will significantly absorb Indonesian labor. "Support for basic utilities is evident. You can see…
The 2nd IPPP Session in Jakarta Pushes Blue Economy for Pacific Nations
The Vice Chairman of the Indonesian Parliamentary Cooperation Body (BKSAP), Putu Supadma Rudana, highlighted the Second Indonesia-Pacific Parliamentary Partnership (IPPP) session, held in Jakarta on 25–26 July 2024, as a pivotal moment to promote the blue economy concept. This approach is crucial for Pacific nations, which are largely surrounded by…
KKP Expands Fisheries Exports to Middle East and East Asia Amid Global Economic Shifts
The Indonesian Ministry of Marine Affairs and Fisheries (KKP) is expanding its fisheries export markets to the Middle East and East Asia in response to uncertain global economic conditions, particularly in the United States. Budi Sulistyo, Director General of the Competitiveness Strengthening of Marine and Fisheries Products (PDSPKP) at KKP,…
Salatiga Boosts Footwear Exports with IDR 6.5 Billion Shipment to EU and US
Indonesian Trade Minister Zulkifli Hasan inaugurated the export of three containers of footwear, valued at USD 405,000 (IDR 6.5 billion), to the European Union and the United States in Salatiga, Central Java, on Friday. This event underscores the government's commitment to enhancing domestic businesses' export capabilities, supported by proactive trade…
