Business News
Six Private Companies Invest IDR3.65 Trillion in Indonesia's New Capital, Nusantara
Six private companies have committed to investing a total of IDR3.65 trillion in the development of Indonesia’s new capital, Nusantara (IKN). The agreements, signed on May 21, 2025, span various sectors including culinary, hospitality, education, retail, construction, and real estate. This marks a major step forward for the IKN Authority,…
Central Java Investment Reaches IDR 21.85 Trillion, Creates Nearly 100,000 Jobs
In the first quarter of 2025, Central Java recorded a significant investment influx of Rp21.85 trillion, resulting in the employment of 97,550 workers, a 23.95% increase from the same period last year. This growth also marked a IDR4.29 trillion rise from Q1 2024. The investment was dominated by foreign direct…
West Sumatra Ready to Lead in Green Energy and Digital Industry Investment
Governor Mahyeldi Ansharullah has announced West Sumatra's readiness to become a national hub for green energy and digital industry investment. Backed by substantial untapped potential in renewable energy sources, hydropower, geothermal, solar, and wind, the province aims to attract large-scale sustainable investments. Speaking at the 2025 Investment Forum hosted by…
Central Java Named a Priority Province for Creative Industry Development
Central Java has been designated as one of 15 priority provinces for creative industry development under President Prabowo Subianto’s five-year national plan (RPJMN). During a visit to SMK Raden Umar Said (RUS) in Kudus, Minister of Creative Economy Teuku Riefky Harsya emphasized the region's strong potential in the animation sector.…
