Business News
Indonesia's Manufacturing Sector Expands, Boosted by Production and Demand Growth
Indonesia's manufacturing activity recorded significant growth in December 2024, marking a return to expansion. According to Febrio Kacaribu, Head of the Fiscal Policy Agency at the Ministry of Finance, the Purchasing Managers' Index (PMI) rose to 51.2 in December from 49.6 in November, reaching its highest level since May 2024.…
Indonesia’s Digital Economy Poised to Generate Up to IDR 5.8 Quadrillion by 2030
Indonesia’s Minister of Communication and Digital, Meutya Hafid, revealed that digital transformation could contribute up to USD 360 billion (approximately IDR 5,832 trillion at an exchange rate of IDR 16,200 per USD) to the national economy by 2030. This figure is equivalent to one-third of ASEAN’s projected digital economy value.…
KKP Boosts Export-Quality Anchovy Production on Pasaran Island
The Ministry of Marine Affairs and Fisheries (KKP) is driving the production of export-quality anchovies on Pasaran Island, Bandar Lampung, to support the fisheries industry and enhance the local economy. Deputy Minister Didit Herdiawan, speaking in Jakarta on Sunday, highlighted the importance of empowering local women to create high-quality anchovy…
Ministry of Agriculture Targets No Imports of Four Food Commodities by 2025
The Ministry of Agriculture (Kementan) is targeting the cessation of imports for four key food commodities by 2025: rice, corn, consumer salt, and consumer sugar. Deputy Minister of Agriculture Sudaryono expressed hope that millennial farmers will actively contribute to this goal by directly engaging in the cultivation of these commodities,…
