Business News
IDR 143 trillion Has Been Allocated for the National Strategic Project Land, Including the Nusantara Capital City
The State Asset Management Agency (LMAN) has allocated IDR 143.1 trillion for the acquisition of land for National Strategic Projects (PSN) from 2016 to 2025. The funds have been allocated to various projects, including toll roads, railway lines, ports, and the Nusantara Capital City (IKN). The Director of LMAN, Kristijanindyati…
Textile Factory Invests IDR 675 Billion in Brebes
PT Xinhai Knitting Indonesia has officially built a modern textile factory in Brebes Regency with an investment of IDR 675 billion, projected to employ 6,000 people, and based on a green industry or environmentally friendly factory. The factory's construction was marked by a joint groundbreaking ceremony by Brebes Regent Hj.…
With an Investment of IDR 6 Trillion, Indonesia Will Soon Build a Cutting-Edge Computing Center for AI and Quantum Technology in Asia
Indonesia will become a center for cutting-edge artificial intelligence (AI) and quantum technology-based computing in Asia through the investment of Asia's first Quantum AI Data Center. The initial project, facilitated by the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM), will attract an investment of USD 400 million, equivalent to…
The Ministry of Maritime Affairs and Fisheries (KKP) opens opportunities for fisheries quality assurance cooperation with Australia
The Ministry of Maritime Affairs and Fisheries (MMAF) is opening up opportunities for collaboration on the fishery product quality assurance and safety system (SJMKHP) with the Australian Department of Agriculture, Forestry, and Fisheries (DAFF). "This collaboration has the potential to increase the trade volume of Indonesian fishery products to the…
