Business News
Bappenas Sets Target of 7% Economic Growth for Indonesia by 2045
The National Development Planning Agency (Bappenas) targets Indonesia's economic growth to reach an average of 7% by 2045, emphasizing the importance of economic transformation. By 2045, the transformation targets include a Gross Domestic Product (GDP) of USD 9.8 trillion, positioning Indonesia as the world's fifth-largest economy. The Gross National Income…
NTB Partners with LSP Mode Indonesia to Build Muslim Fashion Industry Ecosystem
The Department of Industry of West Nusa Tenggara (NTB) has partnered with the Indonesian Fashion Certification Institute (LSP Mode Indonesia) to build an ecosystem for the Muslim fashion industry by strengthening the capacity of human resources to meet standardized and certified qualifications. The head of the Department of Industry NTB,…
Global Automotive Manufacturers Set to Expand Production Facilities in Indonesia
Several global automotive companies have expressed their plans to invest in Indonesia by building new factories or expanding existing ones. PT Kreta Indo Artha (KIA), the official agent of KIA in Indonesia, is among these companies and intends to establish a car manufacturing plant in the country. While the specific…
Minister of Trade Zulkifli Hasan Backs Indonesian Exporters in Accessing Global Market
The Indonesian Minister of Trade, Zulkifli Hasan, showed full support for Indonesian producers and exporters in their global market expansion efforts. During the signing of a memorandum of understanding (MoU) between an Indonesian electric kitchen equipment company and Hamilton Beach Brand from the United States, Hasan expressed appreciation for the…
