Business News

Indonesia's Property Sector Attracts IDR 29.4 Trillion in Investment in H1 2024

Transparency in the real estate sector is more crucial than ever in times of uncertainty. Nations approaching the "most transparent" category continue to progress due to advancements in technology and AI investments, improved data availability, and clear sustainable commitments. This was highlighted in the Global Real Estate Transparency Index (GRETI)…

Riau's Exports Jump 20% in August, Led by Non-Migas Commodities

Riau Province reported a significant boost in its export value in August 2024, reaching USD 1.64 billion. This marks a 20.14% increase compared to the previous month, primarily driven by a surge in non-migas exports, which rose 24.57% to USD 1.50 billion. In contrast, migas exports declined by 13.99% to…

Indonesia's Coal Production and Export Soars Under Jokowi's Leadership

During President Joko Widodo’s administration, Indonesia's coal exports reached between 500 million and 600 million tons by 2023. Minister of Energy and Mineral Resources, Bahlil Lahadalia, revealed that national coal production saw a significant increase, rising from 416 million tons in 2015 to 755 million tons in 2023. Speaking at…

Optimistic Outlook for Indonesia-China Trade and Investment Growth Following Participation in CAEXPO 2024

Indonesia is set to participate in the 21st annual China–ASEAN Expo (CAEXPO), held at the Nanning International Convention and Exhibition Center (NICEC) in Nanning, China. The physical exhibition will run from 24–28 September 2024, while the online platform will be available from 24 September to 31 December 2024. Director-General of…
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