Business News
Electric Motorcycle Industry on 27 Hectares of Land Established in Karawang
PT Yadea Teknologi Indonesia has commenced the construction of an electric motorcycle factory on a 27-hectare site in the Suryacipta Industrial Area, Karawang, West Java. The groundbreaking ceremony was held on Monday, with Wang Jinlong, General Manager of Yadea Indonesia Manufacturing, announcing the establishment of the factory, which will have…
Investors Partner with Public Service Agency of the Ministry of Marine Affairs and Fisheries for Export of Lobster Seeds
The export of lobster larvae (BBL) has been reopened for aquaculture activities abroad. This move is regulated by the Ministry of Marine Affairs and Fisheries (KKP) under Regulation No. 7 of 2024 on the Management of Lobster (Panulirus spp.), Crab (Scylla spp.), and Blue Swimming Crab (Portunus spp.), which took…
Indonesia's OECD Membership Expected to Boost Growth and Investment
Entering mid-2024, the national economy of Indonesia is demonstrating stronger growth with a first-quarter growth rate of 5.11% year-over-year (yoy), higher than both Q1-2023 and Q4-2023, which were 5.04% (yoy). Coordinating Minister for Economic Affairs, Airlangga Hartarto, attributes this solid economic growth to positive assessments from various rating agencies, affirming…
Kalamo Biak Ready to Export Tuna Products
The Kampung Nelayan Modern (Kalamo) in Biak, Papua, is preparing to export tuna directly to various countries. This initiative, driven by the Ministry of Maritime Affairs and Fisheries (KKP), follows a cooperation agreement signed by the Samber Binyeri Cooperative, PT Perikanan Nusantara Jaya, PT PINDAD International Logistik (PIL), and PT…
