Business News
Bappenas forecasts 5.78-6.53% GDP growth for eastern Indonesia
The eastern part of Indonesia will see GDP (gross domestic product) growth of 5.78-6.53 percent in 2022, the National Development Planning (PPN) Ministry/National Development Planning Agency (Bappenas) has forecast. "The regional development policy in the RPJMN (medium-term national development plan) 2022-2024 is aimed at reducing disparities among regions. In 2022,…
Bappenas drafting four strategies to boost economic resilience
The National Development Planning (PPN) Ministry/National Development Planning Agency (Bappenas) has said it is preparing four strategies to strengthen economic resilience in pursuit of quality and just growth. The first strategy pertains to economic recovery, PPN Ministry/Bappenas deputy for economy, Amalia Adininggar Widyasanti, disclosed at a working meeting with the…
Deal! Prabowo buys 8 Italian-made warships
One of the world's leading shipbuilding companies from Italy, Fincantieri, confirmed that it had signed a cooperation contract with the Ministry of Defense of the Republic of Indonesia under Defense Minister Prabowo for the provision of frigates.Quoting from the company's official website, Fincantieri will provide six new FREMM class frigates…
Indonesia Records Highest Trade Surplus in 2021 Says Statistics Indonesia
Statistics Indonesia (BPS) announced on Tuesday, June 15, 2021, that Indonesia recorded the highest trade balance surplus in May with a total value of USD 2.36 billion, which is the highest in 2021. The total export value was recorded at USD 16.60 billion while the import value was recorded at…
