Business News
Local Coffee Expansion: TUKU Penetrates Global Market from Cipete to Amsterdam
Tuku Caffee Shop, founded in June 2015 in Cipete, South Jakarta, has grown rapidly into a cultural icon, spreading its signature iced milk coffee sweetened with palm sugar. With over 72 outlets across major Indonesian cities and a workforce of more than 1,040 baristas serving around 78,000 cups daily, Tuku…
Riau Province Targets IDR 4 Trillion Revenue from Carbon Sales
The Riau Provincial Government is targeting IDR 4 trillion in revenue from carbon trading in the period 2025–2029. The revenue is expected to be an alternative funding for development as well as an effort to reduce emissions. Riau Governor Abdul Wahid in the Regional Medium-Term Development Plan Development Planning Meeting…
Deputy Minister of Trade opens opportunities for green economy cooperation with New Zealand
Indonesian Deputy Minister of Trade Dyah Roro Esti Widya Putri has opened opportunities for trade and green economy cooperation with New Zealand. In a meeting with New Zealand business actors who are members of the ASEAN-New Zealand Business Council (ANZBC) in Auckland, New Zealand, Monday (30/6), Roro said that close…
Ministry of Industry: Licensing Deregulation Gives Room for Industry Players to Stay Competitive
The government remains committed to sustaining the competitiveness and long-term growth of the national manufacturing sector amid global economic uncertainty and rising import pressure in the domestic market. One key step taken is the revocation of Ministry of Trade Regulation (Permendag) No. 36/2023 along with Permendag No. 8/2024, and the…