Business News
Deputy Foreign Minister Arif Havas: Indonesia Needs to Change Its Export Strategy
Deputy Foreign Ministry Arif Havas Oegroseno emphasized the urgency for Indonesia to revise its export strategy following the imposition of a 19% reciprocal tariff by the United States. He highlighted the importance of diversifying not only export destinations but also product types. Currently, Indonesia heavily relies on labor-intensive sectors such…
Junimart Girsang Presents Indonesian Ambassador's Letter of Credence to the Republic of Italy
On Thursday, July 17th, 2025, a formal ceremony was held at the Quirinale Palace in Rome to mark the official appointment of Prof. Dr. Junimart Girsang as the Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia to Italy. During the event, Ambassador Girsang presented his Letters of Credence to…
Infrastructure Development Experiences Significant Growth, Property Investment in the East Cibubur Area Gains Momentum
Since mid-2024, Cimanggis-Cibitung toll road operations have catalysed the development of residential and commercial areas in the region. The Cimanggis-Cibitung toll road connects four satellite cities of Jakarta, including Kota Depok, Kota Bekasi, Bogor Regency, and Kota Bekasi Regency (Cibitung). Property analyst and Head of Research & Consulting at CBRE,…
East Java's Mechanical and Electrical Machinery Exports Reach USD 259.4 Million
In the first half of 2025, East Java exported mechanical and electrical machinery with a value of USD 259.4 million, with destinations including the United States, Japan, Singapore, and China. The Assistant for Economy and Development at the East Java Provincial Government Secretariat, Joko Irianto, has stated that imports of…
