Business News
Paddy Production Targeted to Increase by 52% in January-March 2025
The Central Statistics Agency (BPS) targets the production of dry milled paddy (GKG) in January - March to increase by 52.4% or 5.18 million tons to 15.06 million tons compared to the same period the previous year, which was 9.88 million tons. "For rice, production is estimated to increase by…
Airlangga Targets IEU-CEPA Negotiations to be Completed in The First Semester of 2025
Coordinating Minister for Economic Affairs Airlangga Hartarto is targeting the negotiations on the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU CEPA) to be completed in the first semester of 2025. "This is the right and important time. Because of course the EU (European Union) has a new government. Well, in…
Central Java's Economic Growth Reaches 4.95% in 2024
The Central Bureau of Statistics (BPS) reported that Central Java’s economic growth reached 4.95% in 2024, slightly lower than the 4.97% growth recorded in the previous year. According to Endang Tri Wahyuningsih, Head of BPS Central Java, the manufacturing industry remains the largest contributor to economic growth, accounting for 33.84%…
BPS: Household Consumption is the Main Driver of Economic Growth in 2024
Acting Head of Central Bureau of Statistics (BPS), Amalia Adininggar Widyasanti, highlighted that household consumption remains the primary driver of Indonesia’s economic growth in 2024. This component accounts for 54.04% of total expenditure and has grown by 4.94% cumulatively. The rise in consumption is driven by increased mobility, particularly in…
