Business News
Indonesia Aims to Become Leading Global Agricultural Exporter by 2025
Deputy Minister of Agriculture, Sudaryono, announced an ambitious goal for Indonesia to become the world's leading exporter of agricultural commodities by 2025. Speaking at the 2025 RAPBN press conference in Jakarta on 16 August, he emphasized the government's plan to elevate the production of key agricultural commodities, including rice, corn,…
Upstream Oil and Gas Industry Contributes IDR 5,045 Trillion to National Economy
Hudi D. Suryodipuro, Head of the Program and Communication Division at SKK Migas, highlighted the significant impact of Indonesia's upstream oil and gas industry. Over the past two decades, the sector has been the second-largest contributor to state revenue, following taxes, with a total contribution of IDR 5,045 trillion. In…
Indonesia’s Investment Doubles, Targets IDR 1,900 Trillion
Indonesia’s Minister of Finance, Sri Mulyani Indrawati, announced a significant increase in investment, with both Domestic Direct Investment (PMDN) and Foreign Direct Investment (PMA) more than doubling since Q1 2020. This surge underscores Indonesia's strong post-COVID-19 recovery, with quarterly investment rising from IDR 211 trillion in Q1 2020 to IDR…
Investment Ministry Records Issuance of 10 Million Business Licenses through OSS
The Ministry of Investment/Investment Coordinating Board (BKPM) has announced the issuance of 10 million Business Identification Numbers (NIBs) through the Online Single Submission (OSS) integrated registration system, which facilitates business operations and investments. Since the launch of OSS in August 2021, the cumulative number of registered NIBs has seen a…
