Business News

Crypto Industry Donates IDR 70 Trillion for Indonesia's Economic Growth

LPEM FEB UI (the Institute for Economic and Social Research, Faculty of Economics and Business, University of Indonesia) reveals that the crypto asset industry contributed IDR 70.04 trillion to Indonesia’s economic growth in 2024, equivalent to about 0.32% of national GDP. However, the study also suggests that this contribution could…

Chairman of the Indonesian Kadin China Committee (KIKT) Believes that The Economic Relationship between Indonesia and China Is Growing Closer

The Indonesian Chamber of Commerce and Industry’s China Committee (KIKT), led by Garibaldi “Boy” Thohir, expressed confidence that the recent appointment of Dr. Irene as Indonesia’s Deputy Ambassador to China will further strengthen economic ties between Indonesia and China. Boy Thohir argued that China has long been a critical partner…

Perhutani Banyuwangi Utara Supports Industrial Estate Investment Development

Perum Perhutani Kesatuan Pemangkuan Hutan (KPH) Banyuwangi Utara has expressed strong support for the development of industrial estate investments in Banyuwangi. This support was conveyed during a Focus Group Discussion (FGD) on Legal, Technical, and Market Aspects held at Hotel Dialoog Banyuwangi. The event is part of the preparation for…

Gambier, Pepper, and Cocoa Become New Downstreaming Focus to Boost Exports and Jobs

Indonesia’s Agriculture Minister Andi Amran Sulaiman announced that the government will prioritize downstreaming of plantation commodities such as cocoa, pepper, cashew, gambier, and coconut to increase export value and create millions of new jobs. He emphasized coconut as a key strategic commodity, citing its potential to generate up to USD…
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