Indonesia seeks measures to reduce domestic EV prices | World

Minister of Industry Agus Gumiwang Kartasasmita in Jakarta on March 28, 2024. (Source: ANTARA/Muzdaffar Fauzan) Jakarta (VNA) – Indonesia will be able to cut the domestic prices of electric vehicles (EV) by up to 30% by taking the initiative to manufacture its own EV batteries, Minister of Industry Agus Gumiwang Kartasasmita said as reported by … Read more

Indonesia seeks EU trade deal to compete with Vietnam footwear | World

Chief Economic Affairs Minister Airlangga (Photo: Jakartaglobe Screenshot) Jakarta (VNA) – Indonesia wants to secure a trade deal with the European Union (EU) in hopes that it can compete with Vietnam, particularly in the area of footwear export, according to Chief Economic Affairs Minister Airlangga. At the Investor Daily Roundtable Conference in Cirebon, Indonesia, on … Read more

Vietnamese company opens 50th store in Indonesia | Business

At the 50th store of EraBlue in Indonesia (Photo: VNA) Jakarta (VNA) – Vietnam’s Mobile World Investment Corporation (MWG) opened the 50th store of EraBlue – its joint venture with Indonesia’s leading technology retail provider Erafone – in Tangerang, Indonesia on January 23. In just over a year, the EraBlue brand has established a retail chain … Read more

Singapore, Indonesia launch cross-border QR payment service | World

Logos of the two banks (Source: Hanoi (VNA) – The Monetary Authority of Singapore (MAS) and Bank Indonesia (BI) have freshly debuted a cross-border quick response (QR) payment linkage between the two nations. In a joint media release, the two central banks said this linkage enables customers of participating financial institutions to make seamless … Read more

Indonesia serves nearly 5.5 million international tourists in 2022 | World

Indonesian Tourism and Creative Economy Minister Sandiaga Salahuddin Uno (Photo: Jakarta (VNA) – Indonesia welcomed nearly 5.5 million foreign tourists in 2022, surging by over 250% compared to the previous year, according to Ixndonesian Tourism and Creative Economy Minister Sandiaga Salahuddin Uno.  Speaking at a regular press conference on February 6, Sandiaga said the number … Read more