Business News
IKN Authority Strengthens Regional Ecosystem with Three New Investment Partnerships
The Ibu Kota Nusantara (IKN) Authority has signed three investment cooperation agreements with major private firms, marking a boost to development efforts in Nusantara and advancing the economic ecosystem of the new capital region. The partnerships will develop commercial and public service facilities, including retail centers, culinary zones, and sports…
Indonesia Accelerates 2026 Budget Spending to Boost Growth
Indonesia’s government has started 2026 with a strong budget execution, as Vice Minister of Finance Suahasil Nazara highlighted robust spending performance that aims to stimulate economic activity and strengthen household consumption in the first quarter. Early budget realization shows significant increases across priority programs, particularly social support initiatives and infrastructure…
Indonesia Poised to Become Southeast Asia’s Renewable Energy Leader
Indonesia is rapidly positioning itself to become a leading force in renewable energy development across Southeast Asia, as highlighted by recent reporting on its growing clean energy potential. Experts point to the nation’s abundant renewable resources — including vast solar, hydro, and geothermal capacity — as key strengths that could…
Banyuwangi’s Ornamental Corals Penetrate Three Continents with Exports Reaching $6,000 Per Shipment
The ornamental coral industry in Banyuwangi has successfully expanded its global reach, with products now penetrating markets across three continents: Asia, Europe, and North America. Recent trade data indicates that a single export shipment of these high-quality corals can reach a value of USD 6,000. This success highlights the high…
