Business News
Indonesia SEZ Business Forum 2024: Driving Global Synergy to Maximize Investment
Indonesia remains committed to achieving its ambitious economic growth target of 8%, emphasizing increased investment realization through Special Economic Zones (SEZ). Under President Prabowo Subianto's directive, SEZ policies have been optimized as catalysts for attracting global investment. This commitment was highlighted during the Indonesia SEZ Business Forum 2024 themed "Diversifying…
Indonesia’s Ambitious 8% Economic Growth Target, EU Envoy: Possible
The European Union (EU) Ambassador to Indonesia and Brunei Darussalam, Denis Chaibi, has expressed support for Indonesia's ambitious economic growth target of 8%, set by President Prabowo Subianto's administration. Speaking at the 2024 Indonesia-Europe Investment Summit in Jakarta on December 9, Chaibi remarked that if achieved sustainably, this growth could…
Indonesia's Motorcycle Sales Hit 5.9 Million Units from January-November 2024
Motorcycle sales in Indonesia reached 5.93 million units during January-November 2024, marking a slight increase from 5.81 million units in the same period last year, according to the Indonesian Motorcycle Industry Association (AISI). Despite a dip in November's sales to 512,942 units from October's 544,392 units, the overall growth in…
Government Reduces Industrial Salt and Corn Import Quotas for 2025
The Indonesian government, led by Coordinating Minister for Food Affairs Zulkifli Hasan, plans to reduce import quotas for several key commodities in 2025 to support the utilization of domestic resources. Industrial salt, particularly for the Chlor Alkali Plant (CAP) industry, will see a quota reduction from 2.5 million tons to…
