Business News
Optimizing Bitung Special Economic Zone Boosts Export Growth
The development of Bitung’s Special Economic Zone (SEZ) in North Sulawesi is accelerating export and import activities, with a target expansion area of 2,500 hectares. According to Muhammad Habibi, Acting Head of Bitung Container Terminal, efforts are underway to attract more industries to the SEZ, which already houses a paper…
Batam’s Exports Reach USD 1.49 Billion in March 2025
Electrical machinery (HS 85) remained the top export, contributing USD 2.06 billion or 45.65% of nonmigas exports. Other major contributors included ships (USD 540 million), mechanical machines (USD 503 million), iron and steel goods (USD 322 million), and cocoa products (USD 240 million). Fish and shrimp exports also showed notable…
Minister Introduces “Green Mobility” to Support Automotive Industry
Indonesia’s Minister of Industry, Agus Gumiwang Kartasasmita, has introduced the “green mobility” policy framework—an initiative aimed at integrating environmentally friendly technologies, energy efficiency, and sustainability into the country’s automotive sector. This forward-looking approach is designed to keep pace with rapid technological disruption, particularly as electric, hybrid, and hydrogen fuel cell…
Agriculture Sector Expected to Boost Economic Growth
Indonesia's economic outlook for 2025 remains optimistic, driven by rising domestic activity and strong contributions from the agricultural sector. According to Bank Mandiri Chief Economist Andry Asmoro, agriculture has been a key pillar of early-year growth. Although signs of economic slowdown are emerging, accelerated fiscal spending is seen as vital…
