Business News

First Quarter of 2025, Central Java's Economy Grows Positively by 4.96 Percent

The Central Statistics Agency (BPS) reported that Central Java's economy grew by 4.96% year-on-year (YoY) in the first quarter of 2025, surpassing the national growth rate of 4.87%. This growth was mainly supported by the agriculture, forestry, and fisheries sector, which recorded a YoY increase of 15.24%. On a quarterly…

IIF Ready to Fund EBT Investment to Accelerate Energy Transition

Indonesia Infrastructure Finance (IIF) has stated its readiness to support financing for New and Renewable Energy (EBT) projects in Indonesia. This is in line with the completion of the 2025–2034 Electricity Supply Business Plan (RUPTL) prepared by the Ministry of Energy and Mineral Resources (ESDM). The latest RUPTL is in…

Indonesia-Hong Kong Strengthens Investment Through the Indonesia Investment Outlook Forum

The Hong Kong-Indonesia Partnership for Sustainable Growth held on April 28th, 2025 at the Indonesia Stock Exchange (IDX) is a strategic forum bringing together dozens of leading companies. Especially companies that are already listed on the Hong Kong Stock Exchange (HKEX), with key stakeholders in Indonesia. This event aims to…

Japanese PM's Envoy Meets Prabowo, Promises IDR 8.2 T Geothermal Investment

President Prabowo Subianto received a visit from the Special Envoy of the Japanese Prime Minister, who is also a former Prime Minister of Japan, Fumio Kishida at his residence in Kertanegara, Jakarta. The two parties discussed the development of cooperation projects within the framework of AZEC or the Asia Zero…
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