Business News
Bangka Belitung Revives Economic Transformation, Focusing on Agriculture and Fisheries Sectors
The Provincial Government of the Bangka Belitung Islands is set to undertake an economic transformation, beginning with the mining sector and extending to non-mining sectors in an effort to revive the region's economy. Acting Governor Sugito stated that the government would prioritize the agriculture, plantation, and fisheries sectors in this…
Nickel Downstreaming as a Driver of Indonesia's Sustainable Economic Development
Nickel downstreaming is emerging as a key driver for Indonesia's sustainable economic development, leveraging the country's rich natural resources amid the global shift towards renewable energy and electric vehicles. By processing nickel into higher-value products like stainless steel and electric vehicle batteries, Indonesia can significantly boost its economic value, reduce…
The Minister of Trade is Optimistic that Economic Growth in 2025 Will Reach 5.2%
Minister of Trade Budi Santoso is optimistic that Indonesia's economic growth will reach 5.1% to 5.2% in 2025. He hopes that Indonesia’s economic growth will continue to improve over the next five years, ultimately reaching 8% by 2029. "The expectation is that Indonesia's economic growth will continue to rise in…
Mayor of Batu City Explains Batu City's Economic Growth Rate in 2024
Batu City has made significant strides in 2024, demonstrating impressive growth across multiple sectors, particularly in its economic performance. The city's economic growth rate reached 6.19%, outperforming both East Java's 4.95% and the national average of 5.04%. This positive trend is largely driven by the dominance of MSMEs, which make…
