Business News
Increase in Indonesia's Economic Growth in 2024
Indonesia's economic growth, a crucial focus for both the government and citizens, saw a 5.11% increase in the first quarter of 2024, according to the Central Statistics Agency (BPS). This marks a 0.6% rise from the previous quarter, driven by strong domestic demand, heightened household and government consumption due to…
Indonesia Exports Coated Steel to Australia, Canada, and Puerto Rico
Trade Minister Zulkifli Hasan has announced the export of eight containers of coated steel products to Australia, Canada, and Puerto Rico, showcasing the collaboration between the government and businesses to boost Indonesia’s non-oil and gas export performance. "To become a developed country, we must dominate the global market. We take…
Indonesia Offers Tax Incentives to Attract Foreign and Domestic Investment
Indonesia maintains strong economic growth amidst global economic slowdown. National economic growth reached 5.11% in Q1 2024. Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the government has implemented various strategies to boost economic growth, including flexible, responsive, and accommodating fiscal and monetary policies aimed at stimulating consumption and…
Minister of Tourism and Creative Economy Highlights Fashion's 62% Contribution to Indonesia's Creative Economy Exports
Indonesia's Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, has emphasized the rapid growth of Indonesia's creative industries, with fashion emerging as a primary contributor to its exports. "Fashion alone contributes a significant 62% to our creative economy exports," stated Minister Sandiaga during his attendance at the East Java…
