Business News
Indonesia Needs Private Support To Achieve The Economic Growth Target Of 8 %
Priyanto Rohmattullah, Director of Environment at the National Development Planning Agency (Bappenas), stated that Indonesia requires support from the private sector to achieve its ambitious economic growth target of 8%. This goal is part of the five-year development plan initiated by President Prabowo Subianto and Vice President Gibran Rakabuming Raka.…
Accelerating the Progress of the Sharia Economic Ecosystem
The Islamic economy and finance play a strategic role in achieving Indonesia's growth targets, supporting economic resilience, and fostering sustainable development. As the country with the largest Muslim population in the world, comprising 87% of its citizens, Indonesia holds significant potential in developing its Islamic economy and finance sectors. According…
ISEF 2024 Launches Four Strategic Initiatives to Strengthen Indonesia’s Sharia Economy
The Indonesia Sharia Economic Festival (ISEF) 2024 has unveiled four strategic programs to strengthen the national sharia finance and economic ecosystem. Bank Indonesia (BI) Governor Perry Warjiyo announced these initiatives during the ISEF 2024 opening ceremony in Jakarta on Wednesday, stating, “We officially launch these four initiatives to advance Indonesia's…
Indonesia Set to Become Major Hydrogen Exporter
Indonesia is poised to become a significant hydrogen exporter, with projections indicating a surplus of around 4 million tons by 2060. However, Co-Director of Indonesia’s Low Carbon Energy Transition Program (Mentari), Bagus Mudiantoro, highlighted several challenges to achieving this export potential. "The main hurdle is the high weighted average cost…
