Business News
The Downstream Precious Metals Industry is Being Further Strengthened in Indonesia
President Prabowo Subianto inaugurated a precious metal refinery (PMR) operated by PT Freeport Indonesia (PTFI), marking a significant milestone in Indonesia’s mineral downstream industry. With the world’s sixth-largest gold reserves, Indonesia now has the capability to process its own minerals, transforming previously exported raw materials into high-value refined gold and…
Ministry of Industry: National Footwear and Garment Industries Become a Choice for Global Companies
The Ministry of Industry stated that Indonesia's footwear and garment industries remain a top choice for global companies, as evidenced by major brands like Adidas and Nike entrusting local factories with production. Currently, Indonesia contributes nearly 30% of Adidas and Nike’s total global factory workforce, showcasing the country’s competitive edge…
Bappenas Encourages the Use of Unified Socioeconomic Data for Development Policies
National Development Planning Minister and Head of Bappenas, Rachmat Pambudy, emphasized that Indonesia’s future economic development must be based on accurate data and the strengthening of strategic sectors, particularly agriculture and resource-based industries. In a meeting with National Economic Council Chairman Luhut Binsar Panjaitan and National Nutrition Agency Head Dadan…
Airlangga: Retail Entrepreneurs Optimistic That Indonesia's Economy Can Grow by 8%
Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that retail entrepreneurs remain optimistic that Indonesia can achieve 8% economic growth. He highlighted that members of the Sampoerna Retail Community (SRC) contribute significantly to improving the business climate, particularly in supporting MSME development. According to Airlangga, this optimism is crucial, as…
