Business News
Investors Compete for Prime Land in Nusantara's Core Government Area
The Nusantara Capital Authority (IKN) has received 416 Letters of Intent (LoIs) from both local and foreign investors ahead of Indonesia's 79th Independence Day on 17 August 2024, up from 369 LoIs in January. Rusmin Lawin, Senior Expert in Regional Economic Development at IKN, noted the overwhelming interest in the…
Global Campaign for Education: 'Italy Invest EUR 15 Million'
Promoting the right to education in emergency and prolonged crisis contexts through an initial investment of at least EUR 15 million into the United Nations’ global fund, Education Cannot Wait, is the appeal made by Emanuele Russo, spokesperson for the Global Campaign for Education, to the Italian government. This call…
Essential Oil Industrialization Expands in NTB, Reduces Eucalyptus Oil Imports
The cultivation and industrialization of eucalyptus (kayu putih) oil are being actively promoted in West Nusa Tenggara (NTB) to support forest farmers. The development of essential oil industries, including the operation of eucalyptus oil processing factories, is progressing. Julmansyah, Head of the NTB Provincial Environment and Forestry Service, stated that…
Taiwan Shows Interest in Indonesian Technology Products, Potential Transactions Worth IDR 146.45 Billion
Indonesian information and communication technology (ICT) products are increasingly popular in international markets, particularly in Taiwan. The Taiwanese market has the potential for transactions worth USD 8.9 million, equivalent to IDR 146.45 billion. Mardyana Listyowati, Acting Director General of National Export Development at the Ministry of Trade, explained that this…
