Business News

Ministry of Finance: Recovery Continues, Manufacturing Sector Performance Continues to Strengthen

The Ministry of Finance (Kemenkeu) noted that the growth of Indonesia's manufacturing sector continued to develop positively. This is reflected in the Purchasing Managers' Index (PMI) in April 2022 which was at the level of 51.9, up from March which touched the level of 51.3. The increase in the Manufacturing…

Jokowi Era's Infrastructure Gives Extraordinary Economic Growth Effect, Erick Thohir: Proven

Minister of State-Owned Enterprises (BUMN) Erick Thohir said the impact of infrastructure development in the era of President Joko Widodo (Jokowi) on national economic growth. This was conveyed by Erick in his presentation and review of the plan to prepare for the return homecoming from Sumatra at the Port of…

Consistently Carrying Out Economic Recovery, S&P Improves Indonesia's Outlook to Be Stable and Investment-worthy

Coordinating Minister for the Economy Airlangga Hartarto discussed the issue of the Standard and Poor's (S&P) rating agency increasing Indonesia's outlook from negative to stable and maintaining Indonesia's rating at the BBB (Investment Grade) level on 27 April 2022. The S&P rating agency believes that a stable outlook is an…

Minister of Tourism and Creative Economy Encourages South Jakarta Creative Economy Actors to Restore the Economy

The Minister of Tourism and Creative Economy (Menparekraf), Sandiaga Salahuddin Uno, encouraged creative economy actors in the South Jakarta (South Jakarta) area to participate in efforts to restore and revive the economy through job creation and business opportunities. This was conveyed by Menparekraf Sandiaga during the “Ramadan Kelana” event, at…
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