Business News
Finance Minister Purbaya Sees Signs Indonesia’s Economy Will Accelerate Rapidly
Minister Purbaya Yudhi Sadewa stated that he has begun to see positive signs indicating Indonesia’s economy will soon “run fast.” He expressed optimism that several macroeconomic indicators and government policies are aligning to support stronger growth momentum. Purbaya projects that Indonesia’s economy could grow around 6% in the second half…
Government Encourages Automotive Industry to Expand Exports to Mexico
The Indonesian government is pushing its automotive industry to diversify export destinations, with Mexico identified as a key target. Coordinating Minister for Economic Affairs Airlangga Hartarto said that Indonesia’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP-TPP) could help remove trade barriers such as Mexico’s trade-in quota,…
Smooth Lobbying, Export of Renewable Electricity to Singapore Soon to Be Agreed
Indonesia’s Energy and Mineral Resources Minister, Bahlil Lahadalia, has indicated that an agreement to export renewable electricity (EBT) to Singapore is close to being finalized. Negotiations between the two governments have reached convergence, and while a Memorandum of Understanding (MoU) is already signed, the final agreement is expected shortly. As…
Export Reaches 3 Million Units, Toyota Indonesia Receives Appreciation from Ministry of Industry
The Indonesian Ministry of Industry (Kemenperin) has extended high praise to Toyota Indonesia after the company achieved the milestone of exporting 3 million vehicles. According to Minister Agus Gumiwang Kartasasmita, this accomplishment solidifies Toyota’s role as a driving force in the national automotive sector, contributing not only to export earnings…
