Business News

Through Exports, Jember Cigar Company Expands Market to Thailand

On Monday, July 15, Customs Jember facilitated the export of hundreds of cigars from CV Dwipa Nusantara Tobacco (DNT) to the Thai market. This export endeavor opens new opportunities for the domestic industry to expand its market internationally and grow sustainably."The exported commodity consists of 614 Joker brand cigars, and…

Bappenas: Data Center Development in Batam as a New Economic Opportunity

Andianto Haryoko, Coordinator for the Ecosystem and Utilization of Information and Communication Technology (ICT) at the Directorate of Electricity, Telecommunications, and Informatics of Bappenas, sees the construction of 10 data centers in the Nongsa Digital Park Special Economic Zone (SEZ) in Batam, Riau Islands, as a significant economic opportunity. According…

Ministry of Industry Grants Inclusive Funding Access to Startups through Startup4Industry Investment Summit

The Directorate General of Small, Medium, and Various Industries at the Ministry of Industry (Ditjen IKMA Kemenperin) hosted the Startup4Industry Investment Summit 2024. This forum aims to significantly boost the development of tech startups in Indonesia. Director General Reni Yanita stated that the summit connects selected startups from the Startup4Industry…

Bank Indonesia Outlines Three Economic Impacts of IKN Development

One key reason for moving the capital to Nusantara (IKN) is to promote inclusive and equitable economic growth, especially in eastern Indonesia. Since the start of IKN’s development in 2022, East Kalimantan (Kaltim) has already experienced significant economic changes. Budi Widihartanto, Head of Bank Indonesia's Kaltim Representative Office, highlighted three…
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