Business News

Indonesia's Indigenous Fertilizer Exported to Kuwait and Africa

In the past three years, Indonesia's organic fertilizer marketed by Turrima has not only met the increasing domestic demand but has also penetrated export markets, particularly in Africa and Kuwait. CEO of PT Turrima Agro, Mas Mulyono, mentioned that while the domestic market absorbs 40% through B2B channels, the rest…

The Agricultural Sector Emerges Victorious, BI Predicts Economic Growth of Up to 6% in North Kalimantan

In Tanjung Selor, Bank Indonesia (BI) forecasts the economy of North Kalimantan Province to grow within the range of 5.3-6% in 2024, driven by the positive performance of key sectors. According to Wahyu Indra Sukma, Head of the Representative Office of Bank Indonesia (KPw BI) for North Kalimantan Province, favorable…

The Economic Growth in Solo City Reaches 5.57%, Surpassing Provincial and National Levels

The economy of Solo City has registered a positive growth of 5.57% in 2023, surpassing both provincial and national growth rates. According to Dwiyanto Cahyo Sumirat, Head of the Representative Office of Bank Indonesia (KPw BI) Solo, this achievement is remarkable, especially when compared to the growth rate of Central…

Sri Mulyani Optimistic Indonesian Economy Will Grow by 5.2% in 2024

The Indonesian government forecasts that the country's economy will grow by over 5% this year, with the belief that the disbursement of holiday allowance (THR) and the 13th-month salary for civil servants (ASN) will help boost economic growth. Minister of Finance Sri Mulyani Indrawati expresses optimism that providing a 100%…
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