Business News
The Sidoarjo Halal Industrial Zone Targets Investment of IDR 97.8 Trillion
The Halal Industrial Park Special Economic Zone (KEK HIPS) in Sidoarjo, managed by PT Makmur Berkah Amanda Tbk (MBA), aims to attract investments totaling Rp 97.8 trillion by 2045. If successful, this investment could create approximately 317,000 job opportunities. "Our target is to draw investments of Rp 97.8 trillion by…
Reach IDR 8.57 Trillion by the End of 2024, Investment Realization in Bandung City Exceeds Target
Investment in Bandung City has shown positive growth, reaching IDR 8.57 trillion by September 2024, surpassing the target of IDR 7.3 trillion. Acting Mayor of Bandung, A. Koswara, emphasized the importance of investments that not only boost the economy but also directly impact public welfare, particularly through labor-intensive and creative…
The Government Targets Indonesia's Economy to Grow by 5.3% Next Year
The Indonesian government, through the National Development Planning Agency (Bappenas), targets an economic growth rate of 5.3% for 2025. "In 2025, according to the national development plan and the government's work plan for that year, we are also targeting a 5.3% economic growth rate," said Bappenas Head Rachmat Pambudy during…
Coordinating Minister Airlangga: Indonesia is Ready to Accelerate Economic Growth and Sustainable Investment from the US
Indonesia's Coordinating Minister for Economic Affairs, Airlangga Hartarto, was the keynote speaker at the Roundtable Luncheon organized by the US-ASEAN Business Council (US-ABC) in Washington DC on Thursday (November 21, 2024). The event was attended by major corporations such as FedEx, ExxonMobil, S&P Global, BP, and Freeport-McMoRan, who participated in…
