Business News
The Mining Sub-Sector Became the Strongest in Investment Realization of Domestic Investment in East Kalimantan during 2022
The mining subsector in Kaltim, Indonesia, is one of the most attractive to investors mainly because it has natural resources as its only commodity. In 2022, the investment in the mining subsector reached IDR 15.01 trillion, contributing 37.91% to the realization of investment in all sectors. The chemical and pharmaceutical…
Indonesian Tempe Exports Soared 57.4% Compared to 2021
According to the Central Bureau of Statistics (BPS), Indonesia's tempe exports rose to 57.4% in value to USD 1.62 million and 56.07% in volume to 533.97 tons in 2022 compared to the previous year. Tempe is one of Indonesia's authentic foods that became popular worldwide, with consumers in various countries…
The Government is Optimistic that Indonesia's Economy Will Be Much Better in 2024
The Indonesian government is optimistic about the country's economy in the following year, with projections that it will grow above 5%. The Assistant Minister to the Coordinating Minister for Economic Affairs, Raden Pardede, stated that despite an expected slowdown this year, the economy has much potential to skyrocket economic growth…
Rempang and Galang Targeted by Investors for Development into New Economic Zone
The islands of Rempang and Galang are expected to become a new economic zone in Batam, Indonesia, with plans for large-scale investment to develop the area into the largest glass factory in Asia. The Head of BP Batam, Muhammad Rudi, has met with the Shenzhen Greater Bay Area Financial Institute…
