Business News

ВКРМ: Automotive Industry Investment Rises 43 Percent in the Last Five Years

The Acting Governor of Central Java, Nana Sudjana, conducted a maize harvest with the Forest Farmers Group (KTH) on a 578-hectare plot in Tegalsumur Village, Brati District, Grobogan Regency, Central Java, on Tuesday. The land's productivity reached 8 to 10 tons per hectare, resulting in a total production of 4,624…

The Government Maintains Momentum of National Economic Growth by Enhancing Digitalization and Human Resource Quality

Indonesia's economy has demonstrated strong resilience, maintaining a solid 4.95% growth rate (yoy) in Q3 2024, reflecting its economic strength and competitiveness. Key indicators, such as the manufacturing PMI at 51.2, robust domestic demand, and the Consumer Confidence Index (IKK) at 127.7 in December 2024, continue to show positive trends.…

New Cement Factory Worth IDR 3.1 Trillion in Papua Ready to Operate in 2027, Focusing on Eastern Indonesia Market

PT Honay Ajkwa Lorentz announced plans to build a cement and ceramic factory with an investment of IDR 3.1 trillion in Timika, Central Papua. This factory will utilize tailings or residual mining materials from PT Freeport Indonesia as the main raw material, with a profit-sharing cooperation scheme. President Director of…

Garut Regency Government to add 371 hectares of food land by 2025

The Garut Regency Government, West Java, is targeting the addition of 371 hectares of productive food land specifically for corn and rice commodities by 2025 in order to strengthen food security. Head of the Food Crops, Horticulture and Plantation Facilities Division at the Garut Regency Agriculture Service (Dispertan), Ardhy Firdian…
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