Business News

Indonesia's Manufacturing Industry Continues to Expand in April 2023, Driven by Various Factors

Indonesia's Minister of Industry, Agus Gumiwang Kartasasmita, has stated that the country's manufacturing industry is thriving due to the Purchasing Manager's Index (PMI) for Indonesian manufacturing and the Industrial Confidence Index (IKI) being in the expansion phase. The growth is driven by domestic demand, the fourth industrial revolution, the utilization…

Government Opens Carbon Trading Registration, Designates OJK As Regulator

The Indonesian government has given authority to the Financial Services Authority (OJK) to regulate the carbon trading governance within the country. Carbon trading will attract green investment through carbon trading transactions. The mechanism will be established within Indonesia's carbon exchange and will be open to all businesses that register with…

Indonesia Aims To Become A Part of The United States’ Supply Chain

President Jokowi asserts Indonesia's strong commitment to building downstream industries and becoming part of the supply chain of the US and the world. He made the statement during a meeting with eight US congress members on Wednesday (03/05/2023) at the Merdeka Palace in Jakarta. The meeting discussed several issues, including…

Indonesia's Tourism and Creative Economy Sector Predicted to Boost Economic Growth with IDR 335.3 Trillion Potential during 2023 Lebaran Holidays

The economic potential of the tourism and creative economy sector is estimated to reach IDR 335.3 trillion during the 2023 Eid al-Fitr holiday, making it a locomotive for Indonesia's economic recovery. This was stated by the Minister of Tourism and Creative Economy, Sandiaga Uno, during "The Weekly Brief with Sandi…
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