Business News
Papua Launches Historic First Export of 17.8 Tons of Processed Tuna to the United States
The Vice Governor of Papua has officially inaugurated the first-ever export of 17.8 tons of processed tuna products destined for the United States. This inaugural shipment marks a major milestone for the region’s maritime sector, showcasing Papua's capacity to move beyond raw material exports toward high-value processed goods. The move…
Indonesia Signs USD 4.89 Billion Investment to Build Semiconductor Ecosystem
Indonesia has agreed to a strategic Joint Development Agreement (JDA) worth USD 4.89 billion — with the potential to grow to USD 26.7 billion — to strengthen its semiconductor ecosystem and become firmly embedded in the global industrial value chain. The agreement, witnessed during President Prabowo Subianto’s working visit to…
Indonesia Aims for 75% Sharia Economy Market Share
Indonesia is setting an ambitious goal to expand the national Islamic economy’s market share to reach 75% of the overall economy, signaling strong confidence in the sector’s long-term growth potential. Current estimates show the nation’s Sharia economy accounts for roughly 40% of the market, with continued improvements across Islamic finance,…
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…
