Business News
RI Ranks 7th Largest Economy in the World, Quality of Economic Growth More Important
Indonesia's ranking has risen in the ranks of countries with the largest economies in the world. The International Monetary Fund (IMF) noted that Indonesia's ranking has increased to 7th position with the largest economy in the world in January 2025 with a GDP of USD 4.98 trillion. The increase is…
Investment of IDR 1 T, Tin Downstream Factory Targeted to Operate in 2026
PT. Batam Timah Sinergi (BTS) is investing in the construction of a downstream factory with a total value of more than IDR 1 trillion. This factory will process tin metal into various derivative products with added value. The groundbreaking of the factory construction in Batam on 24th January 2025 marks…
Ministry of Industry Collaborates with South Korea to Accelerate Manufacturing Sector
The Ministry of Industry (Kemenperin) is encouraging the acceleration of industry 4.0 in the manufacturing sector to boost productivity and global competitiveness. Head of the Industrial Services Standardization and Policy Agency (BSKJI) of the Ministry of Industry, Andi Rizaldi said in an official statement that collaboration between the government, private…
Batam's Potential Investment Attraction Captivates Italian Investors
The charm of Batam City as a leading investment area in Indonesia is indeed endless. This attraction was successfully captured by one of the leading Italian companies, which visited the Batam Business Agency, on Wednesday 22th January 2025. Together with the Chairman of the DPP of the Indonesian Employers' Association…
