Business News
Acceleration of Incentive Regulations for Electric Vehicle Factories, Set to Be Completed This Month
The Indonesian government is finalizing fiscal incentive regulations for companies establishing electric vehicle (EV) manufacturing plants in the country. These regulations are expected to be completed no later than next month and will be issued before the end of the year. Rachmat Kaimuddin, the Deputy for Coordination of Infrastructure and…
Minister of Cooperatives and SMEs Teten Supports Competitive Automotive Industry Through Partnerships
The Indonesian Minister of Cooperatives and Small and Medium Enterprises (Kemenkop UKM), Teten Masduki, has unveiled a strategic program to support the competitiveness of the automotive industry. This program includes fostering partnerships and creating networks of collaboration between Small and Medium Enterprises (UKM) and large industries. Teten explained that Kemenkop…
BAPPENAS Identifies 6 Priority Industrial Sectors to Boost Economic Growth Until 2045
The Minister of National Development Planning/Head of Bappenas, Suharso Monoarfa, has outlined the government's plan to prioritize six key industrial sectors that will serve as the cornerstone for bolstering Indonesia's Gross Domestic Product (GDP) in the National Long-Term Development Plan (RPJPN) for 2025-2045. According to this document, which is set…
Investment Realization in the Third Quarter in Minahasa Exceeds Target, Reaching IDR 153 Billion
Minahasa Regency continues to attract investors, as evident in its investment realization for the third quarter of 2023, which not only increased but also exceeded the target. By the end of September, or the third quarter, the total investment that flowed into Minahasa reached IDR 153,296,598,336 billion, or 219%. This…
