Business News

Deputy Minister of Trade: Trade Agreement Increases Trade Balance Surplus

Deputy Minister of Trade Jerry Sambuaga said that Indonesia's trade balance would continue to increase after Indonesia ratified a number of international trade agreements. In recent years, Indonesia has obtained a trade balance surplus, followed by the deputy minister of trade, Jerry Sambuaga, the agreement on the Indonesian trade agreement…

Jokowi Calls Indonesia's Digital Market Potential to Reach Rp2,092 T in 2025

President Joko Widodo (Jokowi) projects that Indonesia's digital market potential will reach US$146 billion or equivalent to Rp2,092.6 trillion (exchange rate of 14,333) in 2025. According to him, the trend of digital market spikes has started to appear since 2019. At that time, Indonesia's digital market was US$40 billion, then…

Airlangga: Strategic Projects Create Multiplier Effects on the Economy

Coordinating Minister for the Economy Airlangga Hartarto said the completion of national strategic projects (PSN) will create a multiplier effect for the regional economy in accelerating the implementation of PSN to support national economic growth after the pandemic. Airlangga said infrastructure spending will be one of the challenges in achieving…

Indonesia to Augment its Role Globally Through G20 Summit

The Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has pinned high hopes on Indonesia bolstering its role in the region and globally through the G20 Summit. The Minister remarked that the G20 Summit was not only a showcase of Indonesia’s socio-economic progress but also presented an opportunity…
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