Business News

Indonesia to Dominate 60% of Energy Investments in Southeast Asia by 2025

Indonesia is projected to become the leading driver of energy investments in Southeast Asia starting in 2025, overtaking Malaysia, which has traditionally dominated the region. According to Stephen Salomo, an E&P Market Analyst at Rystad Energy, Indonesia’s contribution to the energy sector's investment landscape is set to experience significant growth…

Indonesia's Imports in November 2024 Reach USD 19.59 Billion

In its final statistical release of 2024, Indonesia’s Central Statistics Agency (BPS) announced the latest developments in the country’s export and import performance on Wednesday (18/12/2024). Acting Head of BPS, Amalia Adininggar Widyasanti, revealed that Indonesia's exports in November 2024 declined by 1.7% month-on-month to USD 24.01 billion but rose…

Central Sulawesi’s Q3 2024 Economic Growth: Second Highest in Indonesia

Indonesia’s economic growth has remained steady at around 5% annually since 2022. Inflation in November 2024 stood at just 1.55% year-on-year (yoy), reflecting the country’s stable economic conditions. These achievements set a strong foundation for Indonesia’s development acceleration targets in 2025 and the coming five years. Regionally, Central Sulawesi’s economy…

The Contribution of Forestry Industry Products to National Export Commodities in 2024 Reaches USD 11.896 Billion

The Director General of Sustainable Forest Management (Dirjen PHK) at the Ministry of Forestry (Kemenhut), Dida Migfar Ridha, shared this update during the hybrid Live Event on the Performance of the Forestry Industry in Enhancing the Added Value of Processed Forest Products. The event aimed to provide a comprehensive overview…
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