Business News
The Two Sectors Supporting Sharia Economic Growth
Bank Indonesia (BI) projects that the Islamic economy will still grow positively in 2023 to support national economic growth. The two main sectors supporting the growth of this Islamic economy are agriculture and also halal tourism. BI Deputy Governor Juda Agung said, amidst various global pressures and their propagating impact…
The government is Optimistic that Economic Growth will Reach Another 5.3% in 2023
The Coordinating Minister for the Economy Airlangga Hartarto, stated that the Government has targeted economic growth in 2023 of 5.3 percent year on year. This was conveyed by the Coordinating Minister for Airlangga Press Conference: Indonesia's Q4 2022 Economic Growth, online, Monday (6/2/2023). "The government has standardized and prepared a…
ESDM Still Evaluating the 2023 Copper Export Permit Extension Plan
The Ministry of Energy and Mineral Resources (ESDM) is still evaluating plans to apply for an extension of PT Freeport Indonesia's (PTFI) copper concentrate export license for the 2023 period. Special Staff to the Minister of Energy and Mineral Resources Irwandy Arif said his ministry was still studying a number…
Government Claims Bali Turtle SEZ Can Donate IDR 477 Trillion
The Coordinating Minister for the Economy Airlangga Hartarto projects that the Bali Turtles Special Economic Zone (SEZ) can contribute to the country's foreign exchange in the long term. Cumulatively, the value until 2052 is estimated at Rp. 477 trillion. With a total investment value of IDR 104 trillion, in addition…
