Business News
Indonesia's Coffee Exports Increase by 35.71% in 2022
Based on data from the Central Statistics Agency (BPS), Indonesia's coffee exports in 2022 amounted to USD 1.14 billion, with a volume of 433,780 tons. This represented a significant increase of 35.71% compared to the previous year when exports totaled USD 842.52 million, with a volume of 380,173 tons. Analyzing…
North Maluku's Economic Growth in the Second Quarter of 2023 is the Highest in Indonesia
The economy of North Maluku Province experienced significant growth in the second quarter of 2023, reaching 23.89% (yoy), which is the highest growth rate across Indonesia. This acceleration in growth was driven by the mining and manufacturing sectors, which continued to perform strongly. Additionally, increased consumer spending during the religious…
Minister Luhut is Confident in Indonesia's Economy Growing by 6% in 2025
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, is optimistic about Indonesia's economic growth, foreseeing a potential growth rate of 6% by 2025-2026. Luhut believes that Indonesia's economy will improve and continue to grow compared to recent years when economic growth has hovered around 5%. His optimism stems…
Property Sector Takes the Lead in Driving Indonesia's Economy
The property industry stands out as one of the key drivers of Indonesia's economic growth, contributing significantly to the GDP. In the second quarter of 2023, it recorded growth of 9.43% for the construction sector and 2.40% for the real estate sector. Although the real estate sector showed a 12.30%…
