Business News
Bahlil's Strategy to Pursue Foreign Investment Target of IDR 1,400 Trillion This Year
Indonesia targets investment realization this year of IDR 1,400 trillion. Minister of Investment Bahlil Lahadalia explained that this target is expected to boost economic growth to reach 5%. For now, the government is focusing on boosting investment in the downstream sector with an energy and green industry approach as agreed…
Performance Improves, North Sumatra's Rubber Exports Increase 30.9%
Realization of North Sumatra (North Sumatra) rubber exports for December 2022 shipments rose 30.9% to 26,847 tons compared to November 2022. Despite the increase, this realization is still far from the normal average monthly exports of around 38,000 to 40,000 tons. Meanwhile, total exports for the January-December 2022 period decreased…
In 2022, Agricultural Exports Grow 10.52%
The Central Statistics Agency (BPS) stated that agricultural exports in 2022 would grow by 10.52 percent compared to the previous year. Agricultural exports from January to December 2022 reached USD 4.89 billion. Meanwhile, in the same period in 2021, it was recorded at USD 4.24 billion. Head of BPS Margo…
Five Strategies to Strengthen Indonesia's Economy in 2023
Indonesia's economic growth in 2023 is projected to continue a positive trend. Bank Indonesia predicts that economic growth will remain strong this year, namely in the range of 4.5-5.3% and will continue to increase to 4.7-5.3% in 2024. Senior Advisor TaxPrime DR Machfud Sidik MSC is optimistic that the projected…
