Business News

26% of IDR 1,418 Trillion Investments in Indonesia in 2023 Directed to Downstream Sectors

The Minister of Investment and Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, revealed that out of the total investment realization of IDR 1,418 trillion that flowed into Indonesia in 2023, 26% was directed towards downstream sectors. Speaking at The Ritz-Carlton Jakarta Pacific Place on January 31, Bahlil emphasized…

Pariaman Municipal Targets IDR 61 Billion Investments in 2024

The municipal government of Pariaman in Sumatera Barat, Indonesia, has set an ambitious investment target of IDR 61 billion across various sectors for the year 2024. To achieve this goal, the local government, led by Gusniyetti Zaunit, the Head of the One-Stop Integrated Investment and Manpower Service Agency, is taking…

Karawang Achieves Investment Realization of IDR 45.8 Trillion in 2023

The Investment and Integrated One-Stop Service Agency of Karawang Regency, West Java, reported that the investment realization in the Karawang region from January to December 2023 reached IDR 45.8 trillion. Foreign Direct Investment (FDI) predominantly dominated the investments during 2023. According to Oktaf Hariadji, the Sub-Coordinator of Investment Data at…

Minister Sandiaga Aims for 7 Million Foreign Tourists in Bali by 2024

In a recent Dinner Meeting Outlook on Bali's Tourism at The Payogan Villa Resort and Spa, Ubud, Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, expressed optimism about Bali's potential to attract international tourists. He believes that Bali can contribute significantly by drawing in seven million foreign tourists to…
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