Business News
Danantara Potentially Attract Foreign Investment and Promote Economic Growth
The presence of the Daya Anagata Nusantara Investment Management Agency (Danantara) is said to create opportunities for achieving economic growth of 8%, by attracting foreign direct investment to Indonesia. Following the recent revision of the State-Owned Enterprise (BUMN) Law, according to BUMN observer Toto Pranoto from the University of Indonesia,…
Ministry of Labour Urges Immediate Completion of Drafting for the Labour Law
The revision of the Labour Law is an initiative of the House of Representatives. Minister of Labour Yassierli said that the ministry supports drafting the revised law and will assist in several technical matters. The follow-up plan for the revision of the Labour Law includes the revision of government regulations…
Aceh Exports Palm Kernel Shells Abroad Worth USD 9.82 Million
The Central Statistics Agency (BPS) of Aceh reported that the export of palm kernel shells from the province reached a total of USD 9.82 million last year. The majority of this export was directed to Japan. "In December 2024, the export of palm kernel shells from Aceh was recorded at…
The President Supports Increasing Investment to Reach IDR 3,414 Trillion by 2029
Indonesian President Prabowo Subianto expressed his support for continuously increasing investment across various sectors in Indonesia to achieve the investment target of IDR 3,414 trillion by 2029. This statement was made after the Minister of Investment and Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, reported on Indonesia's investment…
