Business News
The Government is Confident that MSMEs Will Support Indonesia's 8% Economic Growth Target
The government targets Indonesia's economic growth to reach 5.2% this year and aims to hit 8% growth within five years under President Prabowo's leadership. The Minister of Micro, Small, and Medium Enterprises (MSMEs), Maman Abdurrahman, is optimistic that the growth of MSMEs will play a significant role in achieving the…
The Economic Growth of Eastern Indonesia is Projected to Be 8.8 Percent
The Deputy Minister of National Development Planning/Deputy Head of the National Development Planning Agency (PPN/Bappenas), Febrian Alphyanto Ruddyard, projects that the economic growth in Eastern Indonesia will reach 8.8% by 2029. "Economic growth in Western Indonesia is projected at 7.7%, while Eastern Indonesia will grow at 8.8% in 2029," Febrian…
The Economy in the BI Malang Working Area is Projected to Grow 5.1% - 5.9% in 2025
The economic performance in the Bank Indonesia (BI) Malang working area is projected to remain stable, with growth expected between 5.1% and 5.9% (YoY) in 2025, mainly driven by household consumption and exports as conditions improve with major trading partners. BI Malang’s Representative Head, Febrina, explained that the economy will…
Airlangga's Minister: We Have the Opportunity for Non-Linear Growth Through Quantum Leaps in Digitalization, AI, and Digital Economic Productivity
The Indonesian government is actively working to accelerate the country’s digital economy to boost its competitiveness both regionally and globally. Collaborative efforts with various stakeholders are focused on building robust digital infrastructure, optimizing Artificial Intelligence (AI) use, developing a skilled workforce, and enhancing digital security. At the same time, the…
