Business News
Bali and South Korea Collaborate to Develop E-Mobility Industrial Zone
The Bali Provincial Government has partnered with South Korea to develop an E-Mobility industrial zone, aligning with Bali's commitment to clean energy and battery-based electric vehicle adoption under Regulation No. 48 of 2019. The memorandum of understanding (MoU) was signed on June 25, 2025, at the Wiswa Sabha Utama Building…
Banyuwangi Launches Indonesia’s First Industrial-Scale Biofortified Rice Ecosystem
Banyuwangi Regency has officially launched the country’s first industrial-scale ecosystem for biofortified rice, a collaborative initiative involving Pandawa Agri Indonesia, Danone-AQUA, IPB University, local government, Bulog, and Bank Indonesia. The project was inaugurated during a harvest festival on June 25, 2025, alongside a Memorandum of Understanding signing to strengthen food…
Ministry Ensures Salt Supply for Pulp and Paper Industry
The Ministry of Industry (Kemenperin) continues to secure the availability of industrial salt to support the pulp and paper industry, aiming to enhance its contribution to the national economy. According to Putu Juli Ardika, Director General of Agro Industry at Kemenperin, industrial salt plays a crucial role in the Chlor-Alkali…
Sri Mulyani Targets IDR 7.500 Trillion Investment by 2026, While Bappenas Sets IDR 8.365 Trillion
On 1 July 2025, during a plenary meeting of the House of Representatives (DPR), Finance Minister Sri Mulyani Indrawati revealed that a minimum of IDR 7.5 trillion in investment is required in 2026 to achieve the 8% economic growth target. In order to achieve optimal economic growth, Sri Mulyani estimates…
