Business News

Indonesia's Economic Growth Must Align with Net Zero Emissions Goals, Says Bappenas

The Deputy for Maritime Affairs and Natural Resources at Indonesia's National Development Planning Ministry (PPN/Bappenas), Vivi Yulaswati, emphasized the need for Indonesia's economic growth to coincide with commitments to net zero emissions (NZE). Speaking at the Indonesia Energy Transition Dialogue 2024, Yulaswati stressed the importance of a cleaner growth model,…

BKPM Targets Indonesia's 2025 Investment Goal at USD 120 Million

The Indonesian Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, has set Indonesia's 2025 investment target at USD 120 million, approximately equivalent to IDR 1,900 trillion. Speaking at a Gala Dinner hosted by the Indonesian Chamber of Commerce and Industry (Kadin) in Jakarta on Friday…

Government to Revise Export Foreign Exchange Regulations for Natural Resources, Extend Placement Period

The Indonesian government plans to revise the regulations on foreign exchange (DHE) generated from the exploitation and processing of natural resources (SDA). Coordinating Minister for Economic Affairs Airlangga Hartarto announced that the revision, following President Prabowo Subianto's directive, will extend the mandatory period for exporters to hold DHE SDA within…

Stable Amid Global Challenges, Indonesia's Textile Industry Attracts Strong Investor Interest

The Indonesian government continues to strengthen international economic partnerships to support national economic growth. Despite global challenges, Indonesia remains an attractive destination for investors, particularly in the textile industry. Minister of Economic Affairs Airlangga Hartarto recently met with Taiwan Textile Federation representatives and the Indonesian Textile Association (API) to discuss…
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