Business News
The Deputy Minister of Industry Encourages Railway Industry to Target IDR 1.57 Quadrillion Market Potential
Deputy Minister of Industry Faisol Riza is encouraging the domestic railway industry to seize global market opportunities. A 2030 projection shows the market for railway infrastructure could reach USD 96.5 billion (IDR 1.57 quadrillion). According to Grand View Research, the global railway industry is expected to grow at a rate…
Indonesia Plays a Major Role in the Global Paper Packaging Industry
The paper packaging industry is projected to continue growing in 2025, driven by high demand, particularly for sustainable packaging and environmentally friendly products. Indonesia plays a significant role in the global paper packaging industry. Following the rapid growth of e-commerce, food delivery services, and industrial packaging, demand for short-run production…
Indonesia's Carbon Credit Exports Projected at USD 65 Billion by 2028: A New Economic Pillar!
The potential value of Indonesia's carbon credit exports is enormous. By 2028, Indonesian carbon credit exports are projected to reach USD 65 billion, or approximately IDR 1,000 trillion. With such a significant value, carbon credits could become a new pillar of the Indonesian economy. The high potential value of carbon…
Malaysian Plastic Giant Invests IDR 115 Billion in Batang Special Economic Zone
Malaysia's largest plastic packaging company in the Asia Pacific has officially invested in the Batang Industrial Special Economic Zone (SEZ), Central Java. The initial investment from the company, Thong Guan Industries Bhd, is USD7 million, equivalent to IDR 115 billion. Thong Guan Industries is the first Malaysian investor in the…