Business News

Ministry of Industry Accelerates Support for Economic Growth

The Ministry of Industry (Kemenperin) has expressed its full commitment to supporting the Prabowo-Gibran administration's target of 7-8% economic growth over the next five years by advancing downstream industrial development. "We will accelerate efforts, following the President’s directive, particularly in the manufacturing sector. Each industry's growth must directly correlate with…

Indonesian Oil and Gas Company Strengthens Energy Sector with USD 4 Billion Thailand Partnership

PT Dinamika Utama Energi (DUE) has signed a Memorandum of Understanding (MoU) with Money Station Capital Company Limited (MSC) from Thailand, with a deal valued at USD 11 billion. The MoU was signed on October 16, 2024, with DUE represented by CEO Zaenal Aziz and MSC by President Director Nanprapha…

The Government Relies On Investment And Exports As The Foundation Of Economic Growth

The government continues to rely on investment and exports as the pillars of national economic growth. In 2025, the economic growth target is set at 5.2%, with a long-term goal of reaching 8%. Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized the need to drive growth through investment, open export…

The Ministry Of Industry Is Mapping 8 Percent Economic Driving Products

The Ministry of Industry (Kemenperin) is mapping out products that can drive Indonesia's economic growth to 8%, aligning with the goals of President and Vice President Prabowo Subianto and Gibran Rakabuming Raka. Minister of Industry Agus Gumiwang Kartasasmita stated in Jakarta on Tuesday that he will task sectoral supervisors within…
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