Business News

Assets Increase, Islamic Economy and Finance in Indonesia Grow with a Positive Trend

Indonesia's Vice President for the 2019-2024 term, Ma'ruf Amin, revealed that the Islamic economy and finance in Indonesia continue to grow with a positive trend. "In the Islamic finance sector, total assets as of October 2024 amounted to IDR 10.212 trillion, marking a year-on-year growth of 19.4%," Ma'ruf stated at…

20 Tons of South Sumatra Coffee to be Exported to Malaysia via New Boom Port

The Financial Services Authority (OJK) of South Sumatra together with the South Sumatra government will export coffee from South Sumatra to Malaysia. This is done so that South Sumatra coffee is better known abroad. Head of South Sumatra Babel OJK, Arifin Susanto expressed that on January 20, 2025 OJK together…

RI Produces 813.05 Million Tons of Coal, ESDM: Exceeds 2024 Target

The Ministry of Energy and Mineral Resources (ESDM) noted that domestic coal production reached 831.05 million tons throughout 2024. Citing data from the Ministry of Energy and Mineral Resources' Minerba One Data Indonesia (MODI), the realization has reached 117.05% of the 2024 production target of 710 million tons. In 2024,…

5-Year Infrastructure Project Needs IDR 700 Trillion in Funds, KPBU Scheme Boosted

The Ministry of Public Works ( PU ) revealed that it will continue to boost the Government and Business Entity Cooperation ( KPBU ) investment scheme to support infrastructure development in the era of President Prabowo Subianto. The Director General (Dirjen) of Infrastructure Financing at the Ministry of Public Works,…
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