Business News
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…
Durian's Blessing Collapses, RI's Economy is the Highest Since 2013
Indonesia managed to record the highest annual economic growth since 2013. This figure is also the highest in the era of President Joko Widodo or Jokowi.As is well known, the Central Statistics Agency (BPS) has recorded that Indonesia's economy has recorded a growth of 5.31% throughout 2022. This growth was…
