Business News

Downstream Industry Contribution to Indonesia’s Economy Could Exceed 30% by 2030

Indonesia’s downstream industry is set to play a crucial role in economic growth, with its contribution expected to exceed 30% by 2030. According to Rosan Roeslani, Minister of Investment and Downstreaming and Head of the Investment Coordinating Board (BKPM), the sector has already contributed 28.8% in 2024, and he is…

Investment and Agriculture to Support NTB's Economic Growth in 2025

Bank Indonesia has outlined four key strategies to drive West Nusa Tenggara’s (NTB) economic growth in 2025, targeting a 4.3%–5.1% increase in 2024. Berry Arifsyah Harahap, Head of Bank Indonesia’s NTB Representative Office, detailed the initiatives aimed at boosting the region’s economy. The first strategy focuses on enhancing agricultural productivity…

Puan Maharani Met the Italian Parliament and Hopes for Indonesia-Italy to Complement Both Countries

Speaker of the Indonesian House of Representatives Puan Maharani and Italian Chamber of Deputies President Lorenzo Fontana met during a bilateral session in Italy. In the current geopolitical climate, marked by crises, the importance of diplomacy between countries is crucial. Puan emphasised the significance of fostering inter-parliamentary dialogue and parliamentary…

Supporting Furniture Exports, Trade Minister Budi Santoso and HIMKI Discuss IFEX 2025 Preparations

On 7th February 2025, a meeting was held between Minister of Trade Budi Santoso and the Indonesian Furniture and Handicraft Industry Association (HIMKI) to discuss preparations for the implementation of the Indonesia International Furniture Expo (IFEX) 2025, which will be held on 6th-9th March 2025 at the Jakarta International Expo…
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