Business News
Indonesia to Collaborate with Two Countries to Develop Special Economic Zones
The Indonesian government is set to collaborate with two countries, including China, to develop Special Economic Zones (KEK). This initiative, announced by Deputy for Energy & Mineral Resources Coordination at the Coordinating Ministry for Economic Affairs, Elen Setiadi, at the CNBC Indonesia Mining Forum 2025, aims to boost industrial growth…
Indonesia’s Economy Soars with 58-Month Trade Surplus
Finance Minister Sri Mulyani Indrawati expressed optimism about Indonesia’s economic growth in Q1 2025, citing strong economic indicators such as a sustained trade surplus and an expanding Purchasing Managers’ Index (PMI). In February 2025, Indonesia’s trade balance recorded a surplus of USD 3.12 billion, marking 58 consecutive months of surplus…
Economic Growth in Barito Timur Improves in 2024
The government of Barito Timur, Central Kalimantan, reported economic growth of 4.29% in 2024, up from 3.47% in 2023. Unemployment decreased to 3.26%, while life expectancy rose to 72.21 years, and the average length of schooling reached 12.88 years. Additionally, the prevalence of stunting declined to 5.18%, and the poverty…
Indonesia Explores USD 31.82 Billion Coal Downstream Investment Potential
Deputy Minister of Investment and Downstream Industry, Todotua Pasaribu, highlighted Indonesia’s coal downstream potential, projecting an investment opportunity of USD 31.82 billion (IDR 523.67 trillion) by 2040. Speaking at the Mining Forum, he emphasized coal regasification as a key strategy, converting coal into gas-based products like coke, methanol, and dimethyl…
