Business News
Optimism Grows for Leasing and Credit Growth Through Electric Vehicle Incentives
The continuation of electric vehicle (EV) incentives in 2025 is seen as a positive driver for the multifinance industry, despite a cooling economy and weaker consumer purchasing power compared to last year. Indonesia’s economic growth slowed to 4.87% in Q1 2025, down from 5.11% in Q1 2024. Nevertheless, Sylvanus Gani,…
Moorlife Indonesia Records Export Growth, as Market Expands into Eastern Europe and Africa
By April 2025, Moorlife Indonesia had recorded a 50% increase in exports, driven by the expansion of the company's business network to several countries, including new markets in Romania and Eastern Europe. Moorlife Indonesia is a company specialising in the marketing of authentic Indonesian food and beverage packaging products. Moorlife…
Krakatau Steel Prepares 500 Hectares of Land to Support Strategic Investors in the Steel Industry
PT Krakatau Steel (Persero) Tbk and the Krakatau Steel Group have prepared over 500 hectares of land in the Krakatau Industrial Estate in Cilegon, Banten, to support strategic investments in the steel sector. This initiative is part of their collaboration with Delong Steel Group, the world’s 11th-largest and China’s 7th-largest…
Indonesia’s Exports to the European Union Expected to Rise by 50 Percent After IEU-CEPA Finalized
The Indonesian government anticipates a 50% surge in exports to the European Union (EU) following the conclusion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA). Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that negotiations are nearing completion after nine years and 19 rounds of talks. Most technical issues…
