Business News
Jakarnaval Supported to Boost Jakarta's Economy
The Chairman of Commission B of the Jakarta Provincial People's Representative Council (DPRD), Ismail, expressed support for the Jakarnaval event as an opportunity to boost the economy, specifically the revenue of DKI Jakarta during the New Year's celebration in 2024. Ismail highlighted the importance of enhancing the quality of activities…
Special Economic Zones (KEK) Investment Target Increased to IDR 64.5 Trillion for 2024
Indonesia's Special Economic Zones (SEZs) have surged ahead in attracting investments, hitting a substantial IDR 62.9 trillion by the end of 2023, surpassing the initial target of IDR 62.2 trillion. This impressive performance has prompted the National Council of SEZs to elevate the 2024 investment target to IDR 64.5 trillion,…
Indonesia Surpasses USD 53.43 Billion in Halal Product Trade, Asserting Dominance in the Sector: A Landmark Achievement
The Directorate General of National Export Development reported that Indonesia's total halal product trade from January to October 2023 reached USD 53.43 billion. This figure comprised USD 42.33 billion in exports and USD 11.10 billion in imports of Indonesian halal products. Director General of National Export Development, Didi Sumedi, stated…
Indonesia Embraces Circular Economy as Cornerstone of Golden Indonesia 2045 Vision
Indonesia is wholeheartedly embracing the concept of a circular economy as a fundamental element of its Golden Indonesia 2045 vision, according to a statement from the Ministry of National Development Planning. Amalia Adiningrat Widyasanti, the ministry's Deputy for Economy, emphasized the transformative potential of a circular economy, positioning it as…
