Business News
Korika: AI Can Strengthen the Economy by Boosting Productivity
Artificial Intelligence (AI) has the potential to enhance national economic growth by increasing productivity, according to Sri Safitri, Secretary-General of Partnership for Collaboration, Research, and Innovation in AI Industry (Korika). Speaking at a technology forum in Jakarta, she highlighted AI’s ability to automate manufacturing and logistics, optimize supply chains, improve…
BI Jambi Accelerates Food Downstreaming for Regional Economic Independence
Bank Indonesia (BI) Jambi is pushing for the acceleration of food downstreaming to strengthen regional economic resilience. BI Jambi Head Warsono emphasized that the province’s heavy reliance on natural resources makes it vulnerable to global commodity price fluctuations. Developing value-added agricultural products, particularly from palm oil, can enhance economic stability…
The Panjang-Lematang Port Toll Project Potentially Stimulates Economic Growth in Four Regions in West Lampung
The Panjang-Lematang Port Toll Road project is planned to span 11.74 kilometres, to promote economic development in the West Lampung districts, encompassing West Lampung, Tanggamus, Pringsewu, and Pesisir Barat. The project will support the production of commodities in these areas, including agriculture, plantations, livestock, fisheries, forestry, and mining. Agricultural products…
Vinfast to Invest IDR 4 Trillion in Electric Vehicle Factory in Subang
The Investment and Downstream Minister and Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, has confirmed that Vinfast is planning a major investment in Indonesia, primarily in the electric vehicle sector in Subang, with an investment value of IDR 4 trillion. Vinfast aims to produce 50,000 vehicles per…
