Business News

Circular Economy and Extended Stakeholder Responsibility (ESR)

The issue of waste management in Indonesia is exacerbated by an annual increase of 2 to 4%, while the availability of facilities and infrastructure remains insufficient and does not meet required standards. Effective and targeted waste management is essential for waste control. The Ministry of Environment and Forestry of the…

South Kalimantan's Economy Grows Positive in August 2024

The South Kalimantan Directorate General of Treasury (DJPb) reported a positive economic condition for the province, with an inflation rate of 1.71% (yoy) and deflation of 0.36% (mtm) in August 2024. Head of DJPb Syafriadi stated in Banjarmasin on September 30, 2024, that the inflation indicator of 1.71% is relatively…

Indonesia's IKI Rises to 52.48 in September 2024, Signaling Manufacturing Expansion

The Ministry of Industry (Kemenperin) reported that Indonesia's Industrial Confidence Index (IKI) increased by 0.08 points to reach 52.48 in September 2024. According to Kemenperin spokesperson Febri Hendri Antoni Arif, this figure indicates that Indonesia’s manufacturing sector remains in an expansion phase, with the IKI staying above the critical 50-point…

BKPM Highlights Three Major Achievements in Investment Realization (October 2019 - June 2024)

Minister of Investment/Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, announced three key accomplishments achieved from investment realizations between October 2019 and June 2024. According to BKPM data, the first achievement is the significant increase in investment realization during the "Indonesia Maju" Cabinet period compared to the same…
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