Business News
West Sumatra Exports Mangosteen to China
West Sumatra (Sumbar) has achieved a significant milestone in the agricultural sector by resuming mangosteen exports to China. The initial shipment, after halting since March 2024, took place on Monday, 9 December, via Minangkabau International Airport, Padang City. Head of the Sumatra Quarantine Center, Ibrahim, emphasized that this export is…
Airlangga Highlights Indonesia's 24 SEZs with IDR 242.5 Trillion Investment
Indonesia has established 24 Special Economic Zones (SEZs), achieving a cumulative investment of IDR 242.5 trillion by the end of September 2024. Coordinating Minister for Economic Affairs Airlangga Hartarto highlighted SEZs as a strategic driver for economic growth in the Asia-Pacific region, comparable to efforts in China and Vietnam. Speaking…
Indonesia to Restrict Nickel Production to Stabilize Global Prices
The Ministry of Energy and Mineral Resources (ESDM) plans to limit nickel production to maintain stable and high global prices. Director General of Minerals and Coal, Tri Winarno, emphasized the importance of production controls amid ongoing geopolitical tensions. Speaking at the Bisnis Indonesia Economic Outlook event in Jakarta on 10…
Exporters Predict Positive Growth for Central Java's Manufacturing Sector in 2025
Benny Soetrisno, the Chairman of the Indonesian Exporters Association (GPEI), expressed confidence that the manufacturing sector in Central Java will continue to play a significant role in the region's economic structure. He highlighted key labor-intensive industries such as textiles, footwear, tobacco, phytopharmaceuticals, and furniture, which are strong in the region.…
