Business News
Ministry of Tourism and Creative Economy: Presidential Decree 19/2024 Strengthens The National Gaming Industry Ecosystem
The Ministry of Tourism and Creative Economy (Kemenparekraf) asserts that Presidential Regulation (Perpres) Number 19 of 2024 on Accelerating the Development of the National Game Industry can strengthen the national gaming industry's ecosystem. Nia Niscaya, Senior Expert in Tourism and Creative Economy at Kemenparekraf, highlighted the significance of reinforcing the…
Central Kalimantan is Projected to Become a Food Buffer for IKN
The Provincial Government of Central Kalimantan (Kalteng) is strategically positioning itself to become a crucial food supplier and primary supporter for the National Capital (IKN) of the Archipelago. Deputy Governor Edy Pratowo highlighted the region's potential in producing staple crops like rice, corn, and soybeans, along with a diverse range…
Italy’s Real Economy Project Funds of Funds Reach EUR 800 Million Target
Italian Real Economy Project, initiated by Assofond Pensione in collaboration with Cassa Depositi e Prestiti (CDP) and Fondo Italiano d'Investimento, has successfully raised a total of EUR 800 million for its private equity and private debt fund of funds (FoFs). Giovanni Maggi, president of Assofondipensione, disclosed that the private equity…
Foreign Investors Target Housing, Technology, and Energy Sectors in Nusantara Capital City Project
The Nusantara Capital City Authority (OIKN) has reported a significant interest in the Nusantara Capital City project, with approximately 357 letters of intent (LoIs) received from potential investors, 42% of which are from foreign companies. Deputy for Financing and Investment of OIKN, Agung Wicaksono, highlighted that the majority of foreign…
