Business News

Trade Minister Targets Indonesia as Global Halal Industry Hub

Minister of Trade Zulkifli Hasan is working towards making Indonesia the global center of the halal industry and a hub for modest fashion. This goal was highlighted during the launch of Jakarta Muslim Fashion Week (JMFW) 2025 at the Ministry of Trade office in Jakarta on Wednesday, 17 July 2024.…

Steel Industry Seizes Export Opportunities from RI-Australia Trade Agreement

PT Tata Metal Lestari, a leading coated steel producer, is capitalizing on the market expansion opportunities in Australia through the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA). Maharany Putri, Head of Government & Public Relations at PT Tata Metal Lestari, stated that IA-CEPA significantly impacts the steel industries in both countries…

Indonesia Partners with UAE’s Eagle Hills for $3 Billion Tourism Investment

The Indonesian Ministry of State-Owned Enterprises (BUMN) has formed a historic partnership with Eagle Hills from the United Arab Emirates (UAE) to enhance Indonesia’s tourism ecosystem and infrastructure. The investment is valued at USD 3 billion (approximately IDR 48.35 trillion, assuming an exchange rate of IDR 16,117 per USD). The…

Invest SEA and KPPOD Agree to Promote Investment in Natuna's Fisheries and Ecotourism Sectors

Invest SEA and the Regional Autonomy Implementation Monitoring Committee (KPPOD) have agreed to promote investment in the fisheries and ecotourism sectors in Natuna, Riau Islands (Kepri). Invest SEA is a non-profit organization that encourages sustainable investment in Southeast Asia. This agreement was reached during a Focus Group Discussion (FGD) involving…
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