Business News
Italy Prepares Investment of IDR 17 T for Artificial Intelligence Project
The Italian government is allocating up to 1 billion euros, approximately IDR 17 trillion (based on an assumed exchange rate of IDR 17,000 per euro), to support artificial intelligence (AI) development projects. Prime Minister Giorgia Meloni announced the plan during an event in Rome on Tuesday (12/3), two days ahead…
Deputy Minister of Tourism and Creative Economy Discusses Cooperation in Creative Economy with the Government of Germany
Deputy Minister of Tourism and Creative Economy (Wamenparekraf) Angela Tanoesoedibjo met with representatives from the Federal Ministry for Economic Affairs and Climate Protection (Bundesministerium für Wirtschaft und Klimaschutz/BMWK) of Germany to discuss potential cooperation between the creative economy sectors of Indonesia and Germany. "RI's Ministry of Tourism and Creative Economy…
The electric vehicle (EV) battery factory will commence production in April 2024.
The Indonesian government has revealed plans for the commencement of mass production of electric vehicle (EV) batteries in April 2024. This announcement marks a significant milestone in the country's industrial landscape, positioning Indonesia as a pioneering manufacturer of EV battery cells in Southeast Asia. PT Hyundai LG Indonesia (HLI) Green…
Jewelry Exports Reach USD 547.5 Million Throughout 2023
The Ministry of Industry (Kemenperin) noted that the export value of jewelry and precious items from Indonesia reached USD 547.5 million in 2023, marking a 67.7% increase compared to the previous year's achievement of USD 326 million. "This increase indicates that Indonesia's jewelry industry has opportunities for continuous growth and…
