Business News
Indonesia’s Footwear Industry Projected to Grow 17% in 2025
Indonesia’s footwear industry is expected to experience strong growth in 2025, with a projected increase of 12% to 17%, according to Yoseph Billie Dosiwoda, Executive Director of the Indonesian Footwear Association (Aprisindo). While challenges remain in the domestic market, optimism persists due to significant opportunities in both local and export…
Investment in South Tangerang Reaches IDR 8.48 Trillion, Marking Significant Growth
The South Tangerang City Government, through the Investment and One-Stop Integrated Services Agency (DPMPTSP), has announced a 14% increase in investment realization for 2024, reaching IDR 8.48 trillion, surpassing the initial target of IDR 7.4 trillion set in the Regional Government Work Plan (RKPD).DPMPTSP Head, Maulana Prayoga, highlighted that domestic…
Bank Indonesia Forecasts National Economic Growth of 5.5% in 2025
Bank Indonesia (BI) projects Indonesia’s economic growth to reach 4.7–5.5% in 2025, driven by increased investment, particularly in non-construction sectors. Governor Perry Warjiyo emphasized the need to boost household consumption to strengthen domestic demand and enhance exports to counter slowing demand from key trading partners. To support this, BI will…
Bank Indonesia Introduces 7 Policy Strategies to Strengthen Economic Growth
Bank Indonesia (BI) has unveiled seven key policy strategies to ensure economic stability and sustainable growth. Governor Perry Warjiyo announced these measures in a virtual press conference on February 19, 2025. These strategies include enhancing monetary operations, stabilizing the Rupiah, optimizing export earnings utilization, and boosting macroprudential liquidity incentives. Additionally,…
