Business News

The Oil and Gas Refinery Industry has the potential to amplify the Indonesian economy by nine times.

The oil and gas refinery industry is seen as a key driver of the economy in its surrounding areas. According to Komaidi Notonegoro, Executive Director of the Reforminer Institute, the industry's benefits are estimated to be nine times the investment value in refinery plants, based on Input-Output (IO) model analysis.…

Bappenas Encourages Strengthening Capital Markets to Achieve a Golden Indonesia 2045

Minister of National Development Planning/Head of Bappenas, Suharso Monoarfa, underscores the pivotal role of the capital market in the financial sector. Speaking at the opening of the Indonesia Stock Exchange (IDX) Trading to Deepen the Financial Market for Indonesia's Economic Resilience at the Indonesia Stock Exchange building in Jakarta on…

Purwakarta Continues to Develop Potential Commodities to Penetrate National and International Markets

The Purwakarta Regency government continues to develop various potential commodities from agriculture, plantations, fisheries, creative economy, culinary, and other sectors to compete in and meet both national and international markets' demands. Head of the Purwakarta District Communication and Informatics Office, Rudi Hartono, noted that this initiative follows the success of…

Tourism Foreign Exchange Realization Surpasses USD 14 Billion

Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno presented the Ministry's Key Performance Indicators (KPIs) for 2023. The tourism sector's foreign exchange earnings reached USD 14 billion, significantly surpassing the target. Sandiaga emphasized that the data is provisional and subject to change. Additionally, the export value of creative economy…
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