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Business & Finance

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Business & Finance Freeport's Giant Gresik Smelters Fully Operational by 2026: Indonesia Takes Lead in Global Copper Downstreaming

Freeport's Giant Gresik Smelters Fully Operational by 2026: Indonesia Takes Lead in Global Copper Downstreaming

PT Freeport Indonesia's two giant copper smelter facilities in Gresik, the Manyar Smelter and the expanded PT Smelting Gresik, are fully operational by 2026, marking a significant milestone for Indonesia's downstreaming agenda. This operation dramatically boosts domestic copper processing capacity, creating tens of thousands of jobs, and strengthening the country's strategic position in the global market.

Business & Finance Celebrating 81 Years: IKN Solidifies Role as Indonesia's New Economic & Innovation Hub

Celebrating 81 Years: IKN Solidifies Role as Indonesia's New Economic & Innovation Hub

On Monday, August 17, 2026, the 81st Indonesian Independence Day ceremony at IKN's Ceremony Plaza saw approximately 3,500 participants, marking significant progress for IKN as a new governmental and economic hub. Led by OIKN Head Basuki Hadimuljono, the event underscored Indonesia's commitment to sustainable development and economic equity.

Business & Finance Jakarta & Bali: Indonesia's Dual Global Financial Magnets Solidify in 2026

Jakarta & Bali: Indonesia's Dual Global Financial Magnets Solidify in 2026

By 2026, Indonesia's International Financial Center (PFII) has cemented Jakarta as its primary hub, while Bali evolves into a specialized node for sustainable finance and wealth management. This dual-location strategy aims to attract diverse global investments and strengthen Indonesia's financial standing in the region.

Business & Finance Celebrating 81 Years: Ride KRL & Transjakarta for Just Rp8 on August 17, 2026!

Celebrating 81 Years: Ride KRL & Transjakarta for Just Rp8 on August 17, 2026!

The Indonesian government and public transport operators in Greater Jakarta are offering an unprecedented fare discount: just Rp8 for KRL Commuter Line and Transjakarta rides on August 17, 2026. This initiative celebrates Indonesia's 81st Independence Day, aiming to boost public transport usage and stimulate the local economy.