Business News
Nickel Boom: North Maluku’s Economy Soars 34.6%, Highest in Indonesia
In an impressive economic feat, North Maluku recorded the highest economic growth in Indonesia during Q1 2025, with a remarkable year-on-year surge of 34.6%. Governor Sherly Tjoanda credited this success largely to the booming nickel industry, which contributed over 75% to the region’s economic performance. The rapid development of nickel…
Tobacco Industry Plays a Key Role in Indonesia’s Economy
Indonesia's tobacco industry has developed into a deeply rooted and integrated ecosystem since the Dutch colonial era, involving millions from tobacco and clove farmers to cigarette factory workers, street vendors, retailers, and exporters. According to Putu Juli Ardika, Director General of Agro Industry at the Ministry of Industry, the Industry…
Biak's Bright Future as a Leading Marine Tourism Destination
Biak Numfor, a regency in Papua, holds enormous potential to become a national icon for marine tourism. Strategically located along Pacific shipping routes and rich in marine biodiversity, coral reefs, and historical World War II relics, Biak offers a unique mix of ecological, cultural, and economic value. Local traditions, natural…
466 Indonesian SMEs Achieve Export Milestone of IDR 1 Trillion
As of May 2025, a total of 466 small and medium-sized enterprises (SMEs) in Indonesia participating in the Ministry of Trade’s export facilitation program have collectively generated export transactions worth over IDR 1 trillion (approximately USD 68.61 million). Most of these SMEs come from Java and Sumatra, offering a diverse…
