Business News
Government Optimistic About 5% Economic Growth Due to 19% Tariff
The Indonesian government projects a 5% economic growth rate by the end of 2025, largely driven by a significant reduction in U.S. import tariffs—from 32% to 19%—as a result of successful negotiations. According to the Ministry of Finance, this breakthrough is expected to make Indonesia’s exports more resilient and competitive…
Danareksa and KKP Strengthen Blue Economy and Coastal Industrial Zones
PT. Danareksa (Persero), the state-owned holding company, has established a strategic partnership with the Directorate General of Marine Spatial Planning, Ministry of Maritime Affairs and Fisheries (KKP), through the signing of a Cooperation Agreement to strengthen the marine-based coastal economy and encourage the growth of sustainable industrial zones. This step…
Bahlil Leaks: Indonesia's LPG & Fuel Imports from the US Reach IDR 244.33 Trillion
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, revealed that the value of energy imports from the United States (US) is approximately US$10-15 billion, equivalent to IDR 162.88-244.33 trillion (assuming an exchange rate of IDR 16,288 per USD). This significant import value follows an agreement to lower import tariffs…
Supporting Food Security, Banten Governor Inaugurates Fertilizer Factory in Serang
Banten Governor Andra Soni inaugurated a fertilizer and pesticide raw material factory, or carbamate, to support President Prabowo Subianto's food security program. The factory, owned by PT Delta Giri Wacana (DGW), located in the Modern Industrial Estate, Serang Regency, Banten, will produce carbamate-based active ingredients with an initial capacity of…
