Business News
Indonesia Aims for USD 800 Billion in Investments by 2029 to Unlock 8% Growth
Indonesia is charting an ambitious growth strategy, targeting around USD 800 billion in both domestic and foreign investment over the next five years to support an 8% annual economic expansion by 2029, according to senior government officials. This investment ambition marks a significant step up from the previous decade and…
South Sulawesi 2025 Investment Realization Exceeds Target with IDR 19.5 Trillion Achievement
South Sulawesi Province recorded an extraordinary investment performance throughout 2025, with total realization reaching IDR 19.544 trillion, a 39.25 percent growth compared to the previous year. This impressive achievement successfully surpassed the Regional Medium-Term Development Plan (RPJMD) target by 118 percent, reflecting high investor confidence in the region's economic potential.…
National Ceramic Industry Ready to Level Up Toward World's Top Four Producers
Minister of Industry Agus Gumiwang Kartasasmita targets the national ceramic industry to break into the ranks of the world's top four producers by 2026. This target is supported by an installed production capacity that has reached 650 million square meters per year and the employment of 150,000 people. The government…
Automotive Industry Becomes a National Economic Pillar with Significant GDP Contribution
The Coordinating Ministry for Economic Affairs has stated that the automotive industry plays a vital role in Indonesia's Gross Domestic Product (GDP), contributing 1.28 percent as of the third quarter of 2025. This sector ranks as the fourth-largest manufacturing industry, following food and beverage, chemical-pharmaceutical, and electronics in the country.…
