Business News
Indonesia's Economic Diplomacy Achievements: 27 Trade Agreements and Strategic Investment Projects
In her annual press statement, Indonesian Foreign Minister Retno Marsudi outlines the achievements based on priorities set during President Joko Widodo's 10-year tenure. Notably, economic diplomacy stands out as a focus, demonstrating concrete outcomes amidst challenging circumstances. For trade, Indonesia's global trade volume surpassed USD 355 billion in 2014, reaching…
Boosting Investment Promotion in 2024, Focus on Tourism Sector in West Sumatra
The Investment and Integrated One-Stop Service Office of West Sumatra Province (DPMPTSP) states that investment promotion will be intensified in 2024, with a particular emphasis on the tourism sector. Alrifjon, the Functional Manager for Investment Management at DPMPTSP West Sumatra, highlights the significant potential for developing the tourism sector in…
The Government Boosts Fisheries Production through Blue Economy Model
Indonesia, known for its expansive maritime resources spanning 65% of its territory, has recognized the pivotal role of the sea in its economic landscape, notably in the fisheries sector. To maximize growth and sustainability, the nation aims to fortify its marine product competitiveness through a 'blue economy' framework. The 'blue…
Record Achievement: Indonesia's Coal Production Reaches 766.95 Million Tons
The Ministry of Energy and Mineral Resources (ESDM) recorded a remarkable surge in Indonesia's coal production throughout 2023, surpassing the set targets. According to Minerba One Map Indonesia (MODI) data released on Monday, January 8, 2024, Indonesia's coal production in 2023 reached 766.95 million tons, representing at least 110.43% of…
