Business News
Dozens of Foreign Companies Relocate Investment to Indonesia, Targeted to Absorb 70,950 Workers
The Ministry of Investment / Investment Coordinating Board (BKPM) said that at least 23 companies had relocated their investments from several countries to Indonesia with a total investment plan of US$ 8.12 billion in the last two years. As conveyed by the Deputy for Investment Control and Implementation of the…
Deputy Minister of Trade: Trade Agreement Increases Trade Balance Surplus
Deputy Minister of Trade Jerry Sambuaga said that Indonesia's trade balance would continue to increase after Indonesia ratified a number of international trade agreements. In recent years, Indonesia has obtained a trade balance surplus, followed by the deputy minister of trade, Jerry Sambuaga, the agreement on the Indonesian trade agreement…
Jokowi Calls Indonesia's Digital Market Potential to Reach Rp2,092 T in 2025
President Joko Widodo (Jokowi) projects that Indonesia's digital market potential will reach US$146 billion or equivalent to Rp2,092.6 trillion (exchange rate of 14,333) in 2025. According to him, the trend of digital market spikes has started to appear since 2019. At that time, Indonesia's digital market was US$40 billion, then…
Airlangga: Strategic Projects Create Multiplier Effects on the Economy
Coordinating Minister for the Economy Airlangga Hartarto said the completion of national strategic projects (PSN) will create a multiplier effect for the regional economy in accelerating the implementation of PSN to support national economic growth after the pandemic. Airlangga said infrastructure spending will be one of the challenges in achieving…
