Business News
Indonesia’s Export of Wood Products Reaches USD 13.5 Billion
Indonesia’s wood products exports in 2021 reached USD 13.5 billion which is the highest export value in Indonesia’s history. During the last seven years or since 2015 Indonesia’s exports of wood products have shown a consistently increasing trend. In 2015 Indonesia’s exports of processed wood products were still at USD…
Ministry of Public Works and Housing Accelerates Basic Infrastructure Development at Batang Integrated Industrial Estate to Promote Economic Growth and Community Welfare
The government through the Ministry of Public Works and Housing (PUPR) in an integrated manner is accelerating the development of several basic infrastructures in the Batang Integrated Industrial Estate (KIT) which includes connectivity, water resources, settlements, and housing through an infrastructure development master plan to encourage regional economic growth. The…
Supporting National Economic Growth, One of the 15 Best Local Brands in Indonesia Will Receive an Award
Indonesian local brands are one of the figures who contribute to helping the growth of the national economy and the country’s creative industry. Based on the Simulation of the Central Statistics Agency in 2022, the impact of purchasing domestic products reached IDR 400 trillion. Seeing this, Hypefast together with Forbes…
Jokowi Claims 70% of Freeport's Income Has Entered Indonesia’s Deposit
President Joko Widodo (Jokowi) said that 70% of PT Freeport Indonesia's revenue had belonged to Indonesia. This happened after the government acquired 51 shares of the company through PT Indonesia Asahan Aluminum (Inalum). Jokowi said that in the past, Indonesia only owned 9% of Freeport shares with a dividend of…
