Business News

Indonesia's Economy Grows 4.95% in Q3 2024

Indonesia's economy grew by 4.95% in the third quarter of 2024, as announced by Finance Minister Sri Mulyani Indrawati. While this growth figure is positive, it represents a slowdown compared to the previous quarter. Minister Sri Mulyani noted that household consumption expanded by 4.91%, slightly lower than the growth recorded…

Jakarta's Economy Grows 4.93% in Q3 2024

The economy of Jakarta in the third quarter of 2024 grew by 4.93 percent compared to the same period in 2023. This growth occurred across almost all sectors, with the largest contributors being the Wholesale and Retail Trade, and Motor Vehicle and Motorcycle Repair sectors, which recorded the highest growth…

President Prabowo Encourages U.S. Investment in Meeting with USINDO

In a meeting with corporate members of the U.S.-Indonesia Society (USINDO) in Washington, D.C., on Monday (11/11), Indonesian President Prabowo Subianto encouraged further investment from American companies. According to a press release, Prabowo engaged directly with leaders from major U.S. corporations with longstanding investments in Indonesia, including Freeport, Chevron, General…

BP Batam Hosts FGD to Enhance Land Management System and Investment Projections

BP Batam organized a Focus Group Discussion (FGD) on the audit of its Land Management System (LMS) and the formulation of investment projections on 11 November 2024 at Balairungsari, Batam Center. The FGD brought together key stakeholders, including representatives from BP Batam, Universitas Indonesia's Pusilkom UI as the LMS audit…
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