Business News
The Government Maintains Momentum of National Economic Growth by Enhancing Digitalization and Human Resource Quality
Indonesia's economy has demonstrated strong resilience, maintaining a solid 4.95% growth rate (yoy) in Q3 2024, reflecting its economic strength and competitiveness. Key indicators, such as the manufacturing PMI at 51.2, robust domestic demand, and the Consumer Confidence Index (IKK) at 127.7 in December 2024, continue to show positive trends.…
New Cement Factory Worth IDR 3.1 Trillion in Papua Ready to Operate in 2027, Focusing on Eastern Indonesia Market
PT Honay Ajkwa Lorentz announced plans to build a cement and ceramic factory with an investment of IDR 3.1 trillion in Timika, Central Papua. This factory will utilize tailings or residual mining materials from PT Freeport Indonesia as the main raw material, with a profit-sharing cooperation scheme. President Director of…
Garut Regency Government to add 371 hectares of food land by 2025
The Garut Regency Government, West Java, is targeting the addition of 371 hectares of productive food land specifically for corn and rice commodities by 2025 in order to strengthen food security. Head of the Food Crops, Horticulture and Plantation Facilities Division at the Garut Regency Agriculture Service (Dispertan), Ardhy Firdian…
Indonesian Assembled Motorcycle Exports Reach 572,506 Units in 2024
Motorcycle sales figures abroad or exports in December 2024 recorded 55,537 units. This achievement was minus 5.6% on a monthly basis (month to month/mtm) compared to November 2024 which was 58,868 units. Compared to December 2023 which reached 42,737 units, the achievement in the same period this year increased by…
