Business News
Finance Minister Encourages Private Sector to Accelerate Indonesia’s Economic Growth
Finance Minister Purbaya Yudhi Sadewa emphasized the importance of strengthening private sector participation as a key driver of Indonesia’s economic growth amid ongoing global uncertainty. Speaking at the Jogja Financial Festival 2026 in Yogyakarta, he stated that sustainable growth should be supported by both government spending and stronger private sector…
Indonesia Extends Safeguard Import Duties on Curtains Until 2028
The Indonesian government has officially extended safeguard import duties on curtain and related textile product imports until 2028 through Finance Ministry Regulation (PMK) No. 36/2026. The policy covers products such as curtains, blinds, bed valances, and similar furnishing items under several tariff classifications. The measure was introduced to support domestic…
Prabowo Expands Large-Scale Fisheries Centers to Strengthen Indonesia’s Export Growth
President Prabowo Subianto announced plans to develop large-scale marine and fisheries cultivation centers across Indonesia to enhance national productivity and boost seafood exports. The government is currently preparing integrated shrimp farming projects spanning thousands of hectares, including approximately 2,000 hectares in Waingapu, East Nusa Tenggara, 200 hectares in Gorontalo, and…
Prabowo Projects Indonesia's Economy to Surpass UK and Italy by 2045
The Indonesian administration under Prabowo has outlined an optimistic long-term economic vision, projecting that Indonesia is on track to overtake major developed nations, including the United Kingdom and Italy, by the year 2045. This ambitious milestone is driven by the country's rapid industrialization, steady demographic bonus, and aggressive focus on…
