Business News
Kutai Kartanegara Solidifies Economic Transformation Foundation for 2025-2030
The Kutai Kartanegara Regency (Kukar) Government in East Kalimantan is strengthening the foundation of its economic transformation for the 2025-2030 period, aiming to shift dependency away from the extractive industry. The regency’s new vision, "Kutai Kartanegara Idaman Terbaik" (Best Dream Kukar), focuses on developing a sustainable, prosperous future by establishing…
Special Economic Zones Drive 8% Economic Boom in Central Java's Batang and Kendal
Indonesia’s Special Economic Zones (SEZs or KEK) are proving to be powerful engines of regional growth, with the districts of Batang and Kendal in Central Java recording phenomenal economic expansion. Co-ordinating Minister for Economic Affairs, Airlangga Hartarto, noted that both districts have achieved economic growth rates of up to 8%,…
National Advertising Industry Drives Economic Growth and Digital Innovation, Absorbing Over 70,000 Workers
The national advertising sector continues to demonstrate its critical role within Indonesia's creative economy ecosystem, not only by fostering dynamic growth but also by providing significant employment opportunities. According to industry reports, the sector currently absorbs more than 70,000 professionals nationwide. Globally, the industry is projected to contribute US$1 trillion…
Industrial Downstreaming Strategy Tipped to Anchor Indonesia's 8% Economic Growth Target
Indonesia is aggressively pursuing its target of 8% economic growth between 2028 and 2029, a goal officials believe is achievable through the comprehensive Industrial Downstreaming Strategy (Hilirisasi). This pivotal policy involves moving beyond raw material exports to deep processing and value-addition of natural resources. According to ministerial statements, this strategy…
