Business News

Central Kalimantan is Projected to Become a Food Buffer for IKN

The Provincial Government of Central Kalimantan (Kalteng) is strategically positioning itself to become a crucial food supplier and primary supporter for the National Capital (IKN) of the Archipelago. Deputy Governor Edy Pratowo highlighted the region's potential in producing staple crops like rice, corn, and soybeans, along with a diverse range…

Italy’s Real Economy Project Funds of Funds Reach EUR 800 Million Target

Italian Real Economy Project, initiated by Assofond Pensione in collaboration with Cassa Depositi e Prestiti (CDP) and Fondo Italiano d'Investimento, has successfully raised a total of EUR 800 million for its private equity and private debt fund of funds (FoFs). Giovanni Maggi, president of Assofondipensione, disclosed that the private equity…

Foreign Investors Target Housing, Technology, and Energy Sectors in Nusantara Capital City Project

The Nusantara Capital City Authority (OIKN) has reported a significant interest in the Nusantara Capital City project, with approximately 357 letters of intent (LoIs) received from potential investors, 42% of which are from foreign companies. Deputy for Financing and Investment of OIKN, Agung Wicaksono, highlighted that the majority of foreign…

The Minister Of Tourism And Creative Economy Referred To The Collaboration Between Fesbul And The Global Festival As Opening Investment Opportunities

The collaboration between the Monthly Film Festival (Fesbul) and the Market Clermont-Ferrand International Film Festival 2024 in France has created opportunities for investment and cooperation, according to Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno. This collaboration expands the market reach for Indonesian short films and opens doors for…
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