Business News
Supporting the Electric Vehicle Industry, Kendal SEZ Attracts Global Investment
Indonesia is strengthening its position in the electric vehicle (EV) industry with major investments flowing into the Kendal Special Economic Zone (SEZ) in Central Java. The area is becoming a key hub for EV manufacturing and renewable energy, attracting global players like PT Indonesia BTR New Energy Material, PT LBM…
Cigarette Industry Contributions Reach Rp 216.9 Trillion
Chairman of the Indonesian Tobacco Community Alliance (AMTI), I Ketut Budhyman Mudhara, emphasized the significant contribution of the tobacco industry, highlighting its crucial role in the national economy. He noted that few industries in Indonesia contribute as substantially, with the sector involving around six million people, including 2.5 million tobacco…
Labor-Intensive Industries Key to Indonesia’s 8% Economic Growth Target
President Prabowo Subianto's target of 8% economic growth by 2029 relies heavily on contributions from domestic industries, particularly labor-intensive sectors. These industries—spanning manufacturing, agriculture, fisheries, construction, and food processing—not only drive job creation but also help reduce unemployment. To sustain their growth, policies must support workforce absorption and protect against…
Indonesian Foreign Minister and French Ambassador Discuss Defense and Digital Economy
Foreign Minister Sugiono welcomed French Ambassador Fabien Penone for a courtesy visit at the Indonesian Ministry of Foreign Affairs in Jakarta on March 11, 2025. The meeting focused on strengthening the Indonesia-France strategic partnership, marking 75 years of diplomatic relations. Minister Sugiono highlighted the increasing high-level engagements between both nations,…
