Business News
Indonesia's Automotive Market and Vehicle Exports Predicted to Grow in 2025
Indonesia's automotive market is projected to experience significant growth in 2025, driven by both domestic demand and expanding export activities, according to Puji Agus Kurniawan, Director of Production Balance at Statistics Indonesia (BPS). Despite challenges, such as the planned increase in VAT to 12% and additional regional taxes in early…
Indonesia Ranks as the World’s 4th Largest Coffee Producer
Indonesia has solidified its position as the world's 4th largest coffee producer, with 96.1% of its production sourced from smallholder plantations. In 2023, the nation produced 789,000 tons of coffee, meeting 41% of domestic demand while exporting 59% to international markets. This underscores coffee's significant contribution to Indonesia's economy. However,…
Mineral and Coal Sector Leads Indonesia’s Investment Growth, Says Bahlil
The Indonesian government is intensifying efforts to boost the downstream processing of mineral and coal (minerba) commodities as a strategy to accelerate national economic growth. This aligns with President Prabowo Subianto's vision of achieving over 8% economic growth in the coming years. Minister of Energy and Mineral Resources (ESDM), Bahlil…
Semen Indonesia Targets U.S. Exports, Completes Port and Production Facilities
PT Semen Indonesia (Persero) Tbk (SMGR) is leveraging the oversupply in the cement industry to strengthen its competitiveness by expanding into international markets. Partnering with Taiheiyo Cement Corporation through its subsidiary PT Solusi Bangun Indonesia Tbk (SBI), the company is finalizing a major development project at its Tuban plant in…
