Business News
Papua's Economy Grows 8.97% in 2022, BPS: Driven by the Transportation and Export Sector
The Central Statistics Agency (BPS) for Papua Province stated that the regional economy would grow 8.97% in 2022 compared to 2021. This figure was driven by the start of the economic recovery from the impact of COVID-19. Head of BPS Papua Adriana Helena Carolina said from the production side, the…
Indonesia's Economic Prediction for the First Quarter of 2023 to Grow 4.9%, This is Indef’s reason
The Institute For Development of Economics and Finance (Indef) projects that the Indonesian economy will grow 4.9% in the first quarter of 2023 compared to the same period in 2022. This estimate is lower than the realization of economic growth in the previous quarter, namely the fourth quarter of 2022…
Ministry Of Industry Aims for Domestic Product Transactions to Reach IDR 250 Trilion
The Ministry of Industry (Kemenperin) is targeting transactions for the use of Domestic Products (PDN) in government spending to reach IDR 250 trillion. Secretary General of the Ministry of Industry Dody Widodo, said the target would be discussed in the Phase V Business Meeting. "The target of IDR 250 trillion…
Freeport Plans to Export 2.3 Million Tons of Copper Concentrate
PT Freeport Indonesia plans to export 2.3 million tonnes of copper concentrate this year. PT Freeport Indonesia (PTFI) President Director Tony Wenas said the export plan contained in the company's work plan and budget (RKAB) had been approved by the Ministry of Energy and Mineral Resources (ESDM). Meanwhile, the 2023…
