Business News
Riau Island Provincial Government Targets Economic Growth of 5.53 % in 2025
The Provincial Government of Riau Islands (Kepri) targets an economic growth rate of 5.25% to 5.53% in 2025. This optimistic target, as stated by Misni, Head of the Kepri Planning, Research, and Development Agency (Barenlitbang), is based on several factors. These include global growth forecasts from various international institutions, which…
Indonesia and South Korea Discuss Import Regulations and Trade Facilitation
Coordinating Minister for Economic Affairs, Airlangga Hartarto, and Deputy Minister of Trade, Jerry Sambuaga, met with South Korea's Minister of Trade, Industry, and Energy, Ahn Duk-Geun, in Seoul on 22 May 2024. The bilateral meeting focused on the flow of imported goods, particularly raw materials and capital goods, including those…
Indonesian Trade Minister Zulkifli Hasan Explores Expanded Exports to Europe via Genoa and Trieste Ports
Indonesian Trade Minister Zulkifli Hasan held a bilateral meeting with the Italian Ambassador to Indonesia, Timor Leste, and ASEAN, Benedetto Latteri, on Wednesday, 22 May, in Jakarta. During the meeting, Ambassador Latteri offered opportunities for Indonesian exports to Europe through the Ports of Genoa and Trieste. "We are exploring export…
Coordinating Minister Airlangga Highlights Indonesia's Digital Economy and OECD Membership Significance in Meeting with Nikkei Executives
Amid ongoing global economic challenges, international institutions project global economic growth in 2024 to be around 3% year-on-year (yoy). Despite this, Indonesia's economic fundamentals remain stable, demonstrating resilience to global shocks. In the first quarter of 2024, Indonesia's economic growth was recorded at 5.11% yoy, with April 2024 inflation maintained…
