Business News

Electric Vehicle Manufacturer Eyes Indonesian Industrial Zones

PT BYD Motor Indonesia (BYD) has announced plans to build an electric vehicle (EV) factory in the Subang Smartpolitan industrial zone owned by PT Surya Semesta Internusa Tbk (SSIA). The factory will cover over 108 hectares and aims to produce 150,000 EVs annually. The land handover is scheduled for August…

Menko Airlangga Visits Bloomberg TV, Highlights Indonesia's Success in Sustaining Economic Growth, Political Stability, and Continuing Energy Transition Efforts

In his final agenda during his working visit to London, Minister of Economic Affairs Coordinating Airlangga Hartarto conducted an interview on Bloomberg TV on May 1st. During the session, Minister Airlangga not only highlighted Indonesia's positive economic developments but also shared Indonesia's successful transition of government from President Joko Widodo…

Economic Revival in Riau Supported by Pertamina's SME Development Program

PT Pertamina Hulu Rokan (PHR) supported micro, small, and medium enterprises (MSMEs) participated in the Karya Nyata Festival (KNF) Vol 6 by SMEXPO in Pekanbaru, Riau, aiming to boost the local economy. PHR's Corporate Secretary, Rudi Ariffianto, stated that PHR's presence in KNF aimed to advance Riau's economy by showcasing…

Expanding Market, Indonesian-produced Electric Motorcycles Ready for Export to 3 ASEAN Countries

PT KKBrothers Renewable Energy signed a collaboration agreement for the export and distribution of electric motorcycles with Global EV, Co., Ltd (Cambodia) and Greentech EV Sdn, Bhd (Malaysia-Philippines). Milton Pakpahan, the President Commissioner of PT KKBrothers Renewable Energy, highlighted the significance of this agreement for exporting Indonesian-made electric motorcycles to…
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