Business News
The Government is Optimistic that the Textile Industry Will Rebound in the Second Quarter of 2023
Minister of Industry Agus Gumiwang Kartasasmita said that until now the industry confidence index (IKI) for the textile and textile products (TPT) industry is still corrected below 50 points. He explained that this was due to the economic slowdown which had corrected demand from the export market.However, according to him,…
Airlangga Claims the Government Has Successfully Saved US$50 Billion in Export Foreign Exchange in 2022
The Coordinating Minister for the Economy Airlangga Hartarto said that the Export Proceeds (DHE) policy which was held for three months could generate foreign exchange reserves of up to US$50 billion a year."So export proceeds are required to be held for three months in Indonesia, around 30 percent are withheld.…
The Positive Impact of Central Kalimantan Food Estate Downstreaming, Breeders Able to Sell 1,500 Ducks per Month
A number of farmers and ranchers have begun to benefit from agricultural integration activities in the food estate area in Central Kalimantan which have been run by the Ministry of Agriculture (Kementan) since 2020. The main commodities cultivated in this integration are rice and corn with horticultural commodities, plantations, livestock.…
Airlangga Confident that IKN Can Lift Economic Growth Above 5.3%
Coordinating Minister for the Economy Airlangga Hartarto believes Indonesia's economy can grow by more than 5.3% this year. One of the supports is the existence of massive infrastructure development, such as in the National Capital City (IKN) of the Archipelago. According to him, infrastructure development in IKN can be a…
