Business News
Minister of Agriculture Targets 4.81% Agricultural Sector GDP Growth by 2029
Indonesia's Minister of Agriculture, Syahrul Yasin Limpo, has set an ambitious goal for the agricultural sector, aiming for it to contribute 4.81% to the country's Gross Domestic Product (GDP) by 2029. This target is part of the government’s broader efforts to modernize Indonesia's agricultural sector, boost productivity, and improve the…
KEK Sanur Breaks into Top Five, Attracts IDR 2.99 Trillion in Investments
The impressive progress of KEK Kesehatan (Health Economic Zone) in Sanur, Denpasar, Bali, which has emerged as one of the top five economic zones in Indonesia. KEK Kesehatan Sanur has made significant strides, including attracting Rp2.99 trillion in investment in the first half of 2024 and ranking fourth nationally among…
BPS: Tobacco Harvest Drives Growth in NTB's Processing Industry
The Central Statistics Agency (BPS) of West Nusa Tenggara (NTB) has reported a notable boost in the region's processing industry in the third quarter of 2024, primarily driven by the tobacco harvest season. According to BPS NTB, the tobacco processing sector played a key role in this growth, alongside other…
Indonesia's Economy Grows 4.95% in Q3-2024, Government Optimistic for Over 5% Growth in 2024
Indonesia’s economy grew by 4.95% year-on-year in the third quarter of 2024, reflecting a 1.5% increase compared to the previous quarter, and 5.03% growth year-to-date. This positive performance comes despite ongoing global challenges such as geopolitical tensions, geo-economic fragmentation, and a global economic growth projection of just 3.2% for both…
