Business News
West Papua Provincial Government Commits to Economic Recovery Starting from Small and Medium Enterprises (UMKM)
Indonesia is showing its economic strength with a focus on micro, small, and medium enterprises (MSMEs) as the national economic power, even in Papua Barat, amidst the current global economic changes. The Acting Secretary of Papua Barat, Dance Sangkek, stated that President Joko Widodo has launched the Proud of Indonesian…
Forum Fair Trade Indonesia: Regenerative Business Supports Local Economy
Forum Fair Trade Indonesia (FFTI) advocates for regenerative business to support and strengthen the local economy through empowering local workers and producers in fair and socially responsible trade. According to the FFTI chairperson Netty Febriana, the principles of fair trade require the use and empowerment of local workers and producers.…
Indonesia's Economy Outperforms EU with Over 5% Growth for 6 Consecutive Quarters
The Indonesian Minister of Economic Affairs, Airlangga Hartarto, recently revealed that the country's economy is on a positive trajectory. This is reflected in consistent growth rates of over 5%, which have been sustained for the past six quarters. In fact, this growth rate is higher than both the projections made…
Agriculture Dominates Economic Growth in Q1 2023, says BPS
Indonesia's agricultural sector experienced positive growth in the first quarter of 2023. According to the Central Statistics Agency (BPS), agriculture was even considered the most dominant sector, with a growth rate of 0.34% and a contribution of 11.77% to the economy. The BPS Deputy for Balance and Statistical Analysis, Moh…
