Business News

Government Pushes Tourism as a Key Driver for Economic Growth

The Indonesian government is positioning tourism as a powerful engine for economic growth, job creation, and poverty alleviation amid ongoing global uncertainties. In 2024 alone, Indonesia welcomed over 13 million international visitors, with the tourism sector contributing nearly 25 million jobs and generating USD 16.7 billion in foreign exchange. Coordinating…

Yogyakarta Boosts Economic Growth Through Key Sectors and Technology Integration

Yogyakarta's development strategy is entering a new chapter as it transitions from the Nawacita to the Asta Cita framework, with a focus on adaptive and sustainable growth. In the 2026 Regional Development Planning Forum (Musrenbang RKPD), Governor Sri Sultan Hamengku Buwono X emphasized strengthening Yogyakarta’s core sectors—tourism, agriculture, and manufacturing—supported…

Strengthening Cooperation between Indonesia and Turkey with a USD 10 Billion Target for Trade Transactions

On 10 April 2025, during President Prabowo Subianto's state visit to Turkey, the Turkey-Indonesia CEO Roundtable Meeting was successfully conducted in Ankara and Antalya. The event was attended by Coordinating Minister for Economic Affairs Airlangga Hartarto, who represented the Indonesian President and delivered the keynote speech, emphasising the importance of…

Minister for National Development Planning: Osaka World Expo Momentum Indonesian Economic & Cultural Diplomacy

On April 13th 2025, the Indonesian pavilion was inaugurated at the World Expo 2025 in Osaka. Themed 'Thriving in Harmony - Nature, Culture, Future', the event draws inspiration from Indonesia's rich maritime heritage and will run for the next six months. World Expo 2025 Osaka features 157 countries and 7…
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