Business News
Indonesia’s Industrial Estates Attract IDR 6,744.5 Trillion Investment, Employ 2.35 Million Workers
Indonesia’s industrial estates have attracted a total investment of IDR 6,744.5 trillion over the past five years, providing employment for 2.35 million people, according to Industry Minister Agus Gumiwang Kartasasmita. Currently, 175 industrial estates hold Industrial Estate Business Licenses (IUKI), covering 98,235.5 hectares with an occupancy rate of 58.19%. A…
Indonesia Accelerates Agricultural Downstreaming to Increase Farmers’ Income
Indonesia is intensifying efforts to promote agricultural downstreaming as a strategy to boost value creation and improve farmers’ income. Agriculture Minister Andi Amran Sulaiman urged regional governments to speed up the processing of key commodities such as coconuts, cocoa, and cashew nuts, emphasizing that local leaders play a critical role…
Indonesia Prepares to Establish New State-Owned Textile Enterprise
The Indonesian government is moving forward with plans to establish a new state-owned enterprise (SOE) dedicated to strengthening the national textile and garment industry. Minister of State Secretariat Prasetyo Hadi stated that the initiative builds on existing efforts, as the government has already assigned one SOE to address challenges in…
Indonesia Targets IDR 134 Trillion in Mineral and Coal Revenue for 2026
Indonesia’s Ministry of Energy and Mineral Resources has set an ambitious revenue target of IDR 134 trillion from the mineral and coal sector in 2026, reflecting optimism supported by improving global commodity prices. The target is higher than the IDR 124.7 trillion set for 2025, despite government plans to reduce…
