Business News
8% Economic Growth Target, Five-Year Investment Hits IDR 13,032 Trillion
The Badan Koordinasi Penanaman Modal (BKPM) together with the Kementerian Investasi dan Hilirisasi aims to secure investment of IDR 13,032.8 trillion over the 2025–2029 period. This target represents nearly double—a 143% increase—compared to the realized investments of the past decade (2014–2024), which amounted to IDR 9,100 trillion. The rationale behind…
Trade Minister Sets 9.6% Export Growth Target for Indonesia by 2029
Indonesia’s Trade Minister Budi Santoso has outlined a gradual export growth roadmap, targeting a national export expansion of 9.6% by 2029. For 2025, the government aims for 7.1% growth, with current performance already reaching 6.96%. Budi emphasized that sustained export acceleration is essential to support the country’s broader goal of…
Trade Minister Encourages Businesses to Seize Opportunities in the EU Market
Indonesia’s Trade Minister Budi Santoso has urged members of the Indonesian Chamber of Commerce and Industry (Kadin) to actively pursue opportunities in the European Union market as the Indonesia–EU Comprehensive Economic Partnership Agreement (CEPA) nears completion. With the agreement targeted for signing in early 2026, Budi emphasized that businesses must…
Indonesia Boosts Foreign Investment Through Industropolis Batang SEZ
Indonesia is accelerating efforts to attract foreign investment through the Industropolis Batang Special Economic Zone (SEZ), managed by PT KITB under the Danareksa SOE holding. A series of business matching events and site visits in Shanghai and Ningbo—facilitated by the Indonesia Investment Promotion Center (IIPC) Beijing—focused on building strategic partnerships…
