Business News
IKN Authority and INA Collaborate to Attract Foreign Investment to Nusantara
The Nusantara Capital Authority (IKN Authority) has partnered with the Indonesia Investment Authority (INA) to boost economic development in the new capital city, Nusantara. This strategic partnership was formalized through the signing of a Cooperation Framework (CF) at the Grand Hyatt Bali, attended by Agung Wicaksono, Deputy for Funding and…
APEC 2024: Indonesia and New Zealand to Strengthen Live Cattle Trade Cooperation
The Indonesian government, through the Ministry of Trade, is promoting live cattle import cooperation to meet the domestic demand for beef. Minister of Trade Zulkifli Hasan (Zulhas) stated that strengthening relations with countries producing high-quality cattle that meet Indonesian standards, including New Zealand, is a key initiative. "Indonesia is pushing…
Australia Commits to Building Electric Vehicle Ecosystem with Indonesia
Australian Assistant Minister for Climate Change and Energy, Jenny McAllister, affirmed her country's commitment to developing an electric vehicle (EV) and battery ecosystem in collaboration with Indonesia. Recognizing Indonesia's efforts to establish a battery manufacturing ecosystem for EVs as part of its green energy initiatives, McAllister noted that both countries…
Indonesia and Canada Aim to Accelerate ICA-CEPA Negotiations
Minister of Trade Zulkifli Hasan expressed hope that the Indonesia-Canada Comprehensive Economic Partnership Agreement (ICA-CEPA) negotiations would conclude promptly, aligning with both nations' leaders' commitment to finalize discussions by 2024. This was stated during his meeting with Mary Ng, Canada’s Minister of Export Promotion, International Trade, and Economic Development, in…
