Business News

Minister Rosan Roeslani Relies on Investment and Downstreaming to Achieve 8 Percent Economic Growth

Minister of Investment and Downstreaming, as well as Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, emphasized that achieving an 8% economic growth rate requires a focus on downstreaming and investment. He highlighted that downstreaming, which adds value and fosters domestic industrialization, will be key to Indonesia’s economic…

Bappenas Deems Security Stability a Prerequisite for Economic Growth

The Minister of National Development Planning/Head of Bappenas, Rachmat Pambudy, emphasized that security stability is a crucial prerequisite for achieving inclusive economic growth and societal welfare. In a meeting with the National Counterterrorism Agency (BNPT) on Monday, December 9, 2024, he stated that combating terrorism must be a national development…

Malaysia-Indonesia Trade Strengthened Through E-Commerce Collaboration

Trade between Malaysia and Indonesia continues to grow annually, driven by key sectors such as chemicals, petrochemicals, palm oil, and related products. Malaysia's exports rose by 12.1% year-on-year (YoY) to MYR 129.16 billion in August 2024, supported by increased shipments to major trading partners including ASEAN, China, the U.S., and…

Indonesia Invites EU to Optimize Renewable Energy Potential

Indonesia emphasized the critical need for foreign investment to harness its vast renewable energy resources at the Indonesia-Europe Investment Summit 2024, held on 9 December in Jakarta. Minister of Investment and Downstreaming Rosan Perkasa Roeslani highlighted Indonesia's 3,700 GW potential from solar, hydro, geothermal, wind, and tidal energy, which remains…
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