Business News
The Finance Minister Highlights that 47% of Economic Activities Remain Tax-Free
Finance Minister Sri Mulyani Indrawati revealed that up to 47% of economic activities in Indonesia are currently exempt from taxes, positioning Indonesia as the country with the highest tax exemption rate. Speaking at the Mandiri Investment Forum 2024 in Jakarta on Tuesday, March 5, she emphasized that more than 47%…
Confronted with an economic downturn trend, the manufacturing activity in Indonesia stays resilient
Amidst a global economic downturn, Indonesia's manufacturing sector continues to exhibit robust performance. The Purchasing Managers’ Index (PMI) for Indonesian manufacturing in February 2024 remains in the expansion zone, at a level of 52.7 (compared to 52.9 in January). Despite facing a trend of weakening global economic activity, domestic demand…
The Government is Optimistic that Indonesia's Economy Will Grow Stronger Next Year
The Indonesian government is expressing optimism regarding a more robust economic growth trajectory in the upcoming year. Projections indicate a growth rate surpassing the estimated 5.2% for the current year. It is anticipated that in 2024, a growth rate of 5.2% will be achieved, reflecting an improvement over the figures…
Strong Policies are Needed to Overcome Weather Dynamics and Climate Change in the Agricultural Sector
Angga Dwiartama, a Food Researcher and Lecturer at the Bandung Institute of Technology (ITB), emphasizes the need for a paradigm shift in addressing climate change impacts on rice production in Indonesia. Urging the government to move beyond the traditional "business as usual" mindset, Angga proposes three key recommendations for effective…
