Business News

Good News from Sri Mulyani, Indonesia's Economy is Recovering Quickly

Minister of Finance Sri Mulyani Indrawati brings good news for the Indonesian economy, after more than two years the Covid-19 pandemic hit. In the midst of the sloping transmission of the corona virus infection, the economy is now booming. "Activities in the area have started to normalize. Hotels are starting…

Bright Prospects, Ornamental Plants Have the Opportunity to Become Export Leads

Vice President (Wapres) Ma'ruf Amin said ornamental plants are one of the horticultural commodities that have bright prospects as leading export commodities. The Vice President said ornamental plants recorded positive export growth during Covid-19. Based on data from the Indonesian Export Financing Agency (LPEI), ornamental plant exports in 2021 were…

Base Metals Industry Grows 7.9% Q1 2022

The Ministry of Industry (Kemenperin) noted that the base metal industry grew 7.9% year on year (yoy) in the first quarter of 2022. The growth was driven by increased foreign demand such as ferrous alloy nickel and aluminum oxide products as well as national consumption activities in the iron and…

Mahfud MD Says Indonesia Can Become a Great Power of the World Economy in 2045

Coordinating Minister for Political, Legal and Security Affairs Mahfud MD stated that based on scientific calculations carried out by a number of credible institutions, by 2045 Indonesia could become the fourth or fifth economic power country in the world. Indonesia's position will be under China, India and the United States.…
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