Business News

South Korean Investment in Indonesia Reaches IDR 227.3 Trillion from 2019 to 2024

Minister of Investment/Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, reported that South Korean investment in Indonesia from 2019 to Q1 2024 reached USD 13.9 billion, equivalent to IDR 227.3 trillion (exchange rate IDR 16,358 per USD). According to data from the Ministry of Investment/BKPM, South Korean investment during…

Jambi Province Exports Rise, Mining Sector as the Largest Contributor

The Central Statistics Agency (BPS) of Jambi Province reported that the export value of Jambi in May 2024 reached USD 211.85 million, marking a 12.70% increase compared to April 2024. Agus Sudibyo, Head of BPS Jambi, stated that the mining sector contributed 66.49% of the total exports from January to…

Realizing Sustainable Economy in the Region, Indonesia and Australia Strengthen Cooperation in Energy Transition and Green Economy

The Secretary of the Coordinating Ministry for Economic Affairs, Susiwijono Moegiarso, hosted a visit from David Fredericks, Secretary of the Department of Climate Change, Energy, Environment, and Water of Australia, at the Ali Wardhana Building. The meeting focused on strengthening cooperation between the two countries in the field of energy…

52 Tons of Lampung's Resin Products Exported to Ethiopia

A total of 52 tons of resin products from Lampung Province were exported to Ethiopia. The export ceremony took place at Panjang Container Terminal on Wednesday, 3 July 2024, and was attended by the Assistant for General Administration, Senen Mustakim, representing the Acting Governor of Lampung, Samsudin. The Lampung Provincial…
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