Business News
SWA Infographic: Asian Region Projected to Contribute 60% to Global Economic Growth
Statista, citing OECD data, has revised its projection for global gross domestic product (GDP) growth in 2025 down to 2.9%. This slowdown is expected to affect several countries in Europe. In contrast, the Asian region is projected to outperform European and American economies, with Southeast Asia—comprising Indonesia, Malaysia, the Philippines,…
Nunukan's Economy Grows by 3.55% in Early 2025
Nunukan Regency recorded an economic growth of 3.55% year-on-year in the first quarter of 2025. While this annual performance reflects positive momentum, the Central Statistics Agency (BPS) of Nunukan also reported a quarterly contraction of -3.27%, signaling a seasonal slowdown that requires serious attention from local authorities. The figures were…
The Deputy Regent of Bone Bolango Says SEZ Can Boost the Economy and Investment
Deputy Regent of Bone Bolango, Risman Tolinggohu, stated that the development of a Special Economic Zone (SEZ) could serve as a pillar of economic growth and investment in the region. Speaking during a coordination meeting on the SEZ development plan held at the Regional Development Planning Agency (Bappeda Litbang) meeting…
Indonesia-Singapore Agree to Build Green Industrial Zone in Riau Islands
Indonesia and Singapore have agreed to build an integrated Green Industrial Zone in the Riau Islands Province (Kepri). The agreement was symbolically confirmed through a Memorandum of Understanding (MoU) regarding the Sustainable Industrial Zone. The MoU was signed by the Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia and…
