Business News
Investments in the Mining Sector in Bandar Lampung Garner Profits of IDR 75 Billion
Investments in the mining sector in Bandar Lampung have yielded profits of IDR 75.627 billion as of the third quarter of 2023. The breakdown reveals earnings of IDR 3.3 billion in the first quarter, IDR 139.5 million in the second quarter, and a significant rise to IDR 72.187 billion in…
Investment and Integrated One-Stop Services Kota Batu Aims for IDR 840 Billion Investments in 2024
Kota Batu, renowned for its tourism, agriculture, and SME sectors, continues to allure visitors and investors alike. The escalating trend in annual investments reflects substantial growth, starting from IDR 393.7 billion in 2018, reaching IDR 1.8 trillion in 2019, IDR 928.4 billion in 2020, IDR 3.3 trillion in 2021, and…
Indonesia Achieves 44 Consecutive Months of Trade Surplus
In December 2023, Indonesia's trade balance demonstrated a surplus for the 44th consecutive month, as reported by the Central Statistics Agency (BPS). The period saw exports totaling USD 22.41 billion and imports at USD 19.11 billion, resulting in a trade surplus of USD 3.3 billion. Pudji Ismartini, Deputy for Distribution…
Manufacturing Sector Expected to Grow by 5.8% in 2024, Making Significant Contributions
The Minister of Industry, Agus Gumiwang Kartasasmita, expresses optimism about the manufacturing sector achieving a growth target of 5.8% in 2024 despite global geo-economic and geopolitical challenges. The manufacturing industry has been a vital contributor to Indonesia's economic growth, holding a prestigious position as one of the top 10 global…
