Business News
Indonesia and Tanzania Strengthen Bilateral Ties in Energy and Oil & Gas Sectors
President Prabowo Subianto held a bilateral meeting with Tanzanian President Samia Suluhu Hassan to discuss strategic cooperation in energy, oil, and gas sectors. The meeting, which took place in Rio de Janeiro, Brazil, on November 17, 2024, was reported by Indonesia's Presidential Communication Office via its Instagram account. The discussion…
Indonesia Sets Ambitious 5-Year Investment Target at IDR 13,528 Trillion
The Ministry of Investment/Investment Coordinating Board (BKPM) has set a record-breaking investment target of IDR 13,528 trillion for the next five years (2024–2029), aiming to create 3.4 million jobs. Speaking at the Executive Forum titled "Exploring Key Sectors for Sustainable Investment in Indonesia" in Jakarta on 18 November 2024, Deputy…
Becoming a Superstar, LPEI Encourages Growth in Moringa Superfood Exports
From January to September 2024, the value of powdered vegetable exports saw a significant increase of 90.74%, reaching USD 13.75 million, up from USD 7.21 million during the same period last year. The volume of exports also grew by 169.41%, from 1,610 tons to 4,350 tons. A large portion of…
Investment Ministry Projects Indonesia's Economic Growth to Exceed 8% by 2027
The Ministry of Investment has projected that Indonesia's economic growth will reach 8% by 2027. In the short term, the economy is expected to grow by 6.8% next year, with a rise to over 7% by 2026. Edy Junaedi, the Deputy for Investment Control at the Ministry, stated that achieving…
