Business News
Indonesia, a Maritime Country with Large Maritime Economic Potential
Indonesia, boasting the world's largest archipelago spanning 5.8 million square kilometers, possesses significant economic potential in sectors like fisheries, tourism, energy, and defense within its expansive maritime domain. Yet, the untapped opportunities stem from inadequate governance, as highlighted by Samarinda's Mayor, Andi Harun. Despite Indonesia's strategic location with 80% of…
Reducing Environmental Impact, Indonesia - Korea Shares Experiences in Implementing Circular Economy
Indonesia and Korea are collaboratively exchanging information, experiences, and best practices in implementing a circular economy. Haznan Abimanyu, Head of Energy and Manufacturing Research Organization at the National Research and Innovation Agency (BRIN), highlighted the circular economy's core principle of maximizing resource value while minimizing waste and environmental impact. Currently,…
The Creative Economy Could be the Support for Indonesia Emas 2045
Indonesia's Minister of Tourism and Creative Economy, Sandiaga Uno, asserts that the creative economy could serve as a cornerstone for Indonesia's economic vision of becoming "Indonesia Emas" by 2045. Recognizing the creative economy as the world's third-largest contributor to the GDP, Sandiaga emphasizes its potential to boost national revenue. To…
OJK Reveals the Potential for Sharia Economics in Indonesia, it could be The Foundation of The Country's Economy
The Otoritas Jasa Keuangan (OJK) envisions the Islamic economy as a potent driver for Indonesia's future economic growth, considering the burgeoning landscape of Shariah-compliant economic activities. Friderica Widyasari Dewi, OJK's Executive Head of Supervision, emphasized the role of supporting Micro, Small, and Medium Enterprises (UMKM) in fostering inclusive and integrated…