Business News
Thanks to Nickel Downstreaming, Indonesia Becomes the World’s First HRC Exporter
Spokesman for the Ministry of Industry, Febri Hendri Antoni Arif, revealed that Indonesia's position as a major exporter of downstream nickel metal products has continued to strengthen in recent years, especially after the downstream policy and the ban on nickel ore exports were implemented. Stainless steel exports, both in the…
Economic Growth in The Second Quarter of 2023 Above Estimates
Beyond the expectation of pessimistic observer consensus, Indonesia's annual economic growth in the second quarter of 2023 grew by 5.2%, above estimates. Economic growth accelerated to its highest level in three quarters, supported by strong household and government spending. The government plans to increase the allocation of state budget spending…
East Kalimantan’s Economic Growth in The Second Quarter of 2023 Driven by Various Sectors
The economic growth of East Kalimantan Province (East Kalimantan) in the second quarter of 2023 reached a positive number. Data from the Central Statistics Agency (BPS) East Kalimantan showed economic growth of 6.84% in the period. This figure has increased significantly from the second quarter of 2022 which only reached…
Protect MSMEs From Import Invansion, Government Implements Digital Platform Rules
The government ensures the creation of an equal playing field for domestic products in the digital platform ecosystem. This is very important, considering the potential of Indonesia's digital economy is estimated to reach IDR 5,400 trillion by 2030. Data from idEA shows that 22 million MSMEs in Indonesia have experienced…
