Business News
Global Shipping Industry Improves, PIS Optimistic About Achieving Positive Performance in 2025
Pertamina International Shipping (PIS) is optimistic about achieving positive performance in 2025, supported by the improving industry trend projected for this year. At the end of last year, Fitch Ratings Global released its shipping and maritime industry outlook, signaling a positive shift by changing its outlook from "negative" to "stable"…
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…
