Business News
Indonesia's Economic Prediction for the First Quarter of 2023 to Grow 4.9%, This is Indef’s reason
The Institute For Development of Economics and Finance (Indef) projects that the Indonesian economy will grow 4.9% in the first quarter of 2023 compared to the same period in 2022. This estimate is lower than the realization of economic growth in the previous quarter, namely the fourth quarter of 2022…
Ministry Of Industry Aims for Domestic Product Transactions to Reach IDR 250 Trilion
The Ministry of Industry (Kemenperin) is targeting transactions for the use of Domestic Products (PDN) in government spending to reach IDR 250 trillion. Secretary General of the Ministry of Industry Dody Widodo, said the target would be discussed in the Phase V Business Meeting. "The target of IDR 250 trillion…
Freeport Plans to Export 2.3 Million Tons of Copper Concentrate
PT Freeport Indonesia plans to export 2.3 million tonnes of copper concentrate this year. PT Freeport Indonesia (PTFI) President Director Tony Wenas said the export plan contained in the company's work plan and budget (RKAB) had been approved by the Ministry of Energy and Mineral Resources (ESDM). Meanwhile, the 2023…
Withdrawing Commodities, BKPM Pursue Investments of IDR 8,182 Trillion
Minister of Investment/Head of BKPM Bahlil Lahadalia said the direction of Indonesia's investment policy would remain focused on downstreaming which penetrated up to 21 commodities with a total investment value of US$545.5 billion by 2040. With an estimated IDR 15,000 per US dollar, the total investment value being pursued related…
