Business News
Industrial Sector Investment in Indonesia Surges by 51.9%, Reports BPSDMI
Head of the Human Resources Development Agency for Industry (BPSDMI) of the Ministry of Industry, Masrokhan, announced that investment value reached IDR 135.3 trillion in the first quarter of 2023. This positive trend is reflected in the Purchasing Managers' Index (PMI) record for April 2023, which increased to 52.7 compared…
Jokowi Calls on Japanese Companies to Invest in IKN
President Joko Widodo, commonly known as Jokowi, invited Japanese companies to invest in the development of Indonesia's new capital city, Nusantara. The invitation was extended during a CEO Meeting with major Japanese corporations held on the sidelines of the G7 Summit in Hiroshima on Sunday (May 21). "The President has…
Indonesia's Economy Surpasses ASEAN, Europe, and the United States
Indonesia's Finance Minister Sri Mulyani Indrawati announced that despite global uncertainty in early 2023, Indonesia's economic growth remained strong at 5.03%. This positions Indonesia as the third-highest growing economy, surpassing Malaysia's 5.6% and the Philippines' 6.4%. Sri Mulyani highlighted that Indonesia's economic growth outperformed various countries worldwide, including those in…
Confagricoltura: Agreement on Processing Tomatoes Addresses Our Concerns
"We are satisfied with the agreement reached on the price of industrial tomatoes in Northern Italy," declares Massimiliano Giansanti, the president of Confagricoltura. "After lengthy negotiations, the agricultural sector has been recognized with a fair price of 150 euros per ton, which we had set as our objective at the…
