Business News
2024 Investment Value Reaches IDR 498 Billion, Hospitality Sector Among Major Contributors
Investment in Madiun City surged by more than 200% in 2024, surpassing its target of IDR 195 billion to reach over IDR 498 billion, specifically IDR 498,086,314,746. Key contributors to this significant investment increase include the establishment of hospitals and star-rated hotels. The city's growing healthcare and hospitality sectors have…
Support Economic Growth, Contribution of Pulp and Paper Industry Exports Reaches USD 8.28 Billion
Deputy Minister of Industry Faisol Reza encouraged the Indonesian Pulp and Paper Association (APKI) for its consistent efforts in supporting the national pulp and paper industry, which plays a significant role in the country’s economy. "The pulp and paper industry contributed USD 8.28 billion in exports in 2023, accounting for…
Assets Increase, Islamic Economy and Finance in Indonesia Grow with a Positive Trend
Indonesia's Vice President for the 2019-2024 term, Ma'ruf Amin, revealed that the Islamic economy and finance in Indonesia continue to grow with a positive trend. "In the Islamic finance sector, total assets as of October 2024 amounted to IDR 10.212 trillion, marking a year-on-year growth of 19.4%," Ma'ruf stated at…
20 Tons of South Sumatra Coffee to be Exported to Malaysia via New Boom Port
The Financial Services Authority (OJK) of South Sumatra together with the South Sumatra government will export coffee from South Sumatra to Malaysia. This is done so that South Sumatra coffee is better known abroad. Head of South Sumatra Babel OJK, Arifin Susanto expressed that on January 20, 2025 OJK together…
