Business News
Three Key Strategies to Drive Indonesia’s Economic Growth Target of 5.6% in 2026
The Great Institute research firm projects that Indonesia's economy could reach a growth rate of 5.3% to 5.6% in 2026, surpassing the government’s official budget assumption of 5.4%. To achieve this optimistic target, economists emphasize that the nation must pivot its focus inward as global trade fragmentation and normalizing commodity…
Mining and Power Sectors Drive National Credit Growth at the Close of 2025
Indonesia’s banking industry recorded robust intermediation performance at the end of 2025, with national credit distribution growing by 7.74% year-on-year in November. According to the Financial Services Authority (OJK), the total outstanding credit reached IDR 8,314.48 trillion, fueled primarily by strategic infrastructure sectors. The utilities sector—encompassing electricity, gas, and water—saw…
Maluku's Rice Production Projected to Rise by 12.78% in 2026
The Maluku Provincial Government has released an optimistic forecast for the region’s agricultural sector, projecting a 12.78% increase in rice production for the 2026 period. This anticipated growth is a result of strategic expansion in planting areas and the implementation of modern farming technologies across several key agricultural clusters. Regional…
NTB and Canada Discuss Bilateral Cooperation
The Government of Nusa Tenggara Barat (NTB) and the Government of Canada held a meeting to discuss strengthening bilateral cooperation. The discussion involved the Governor of NTB and Canada’s Minister of International Development, focusing on potential collaboration in sectors such as micro, small, and medium enterprises (MSMEs), health, education, tourism,…
