Business News
President Jokowi States that Investments for the Development of IKN Amount to IDR 56.2 Trillion
President Joko Widodo (Jokowi) announced that the investment in the construction of Indonesia’s new capital, Ibu Kota Nusantara (IKN), has reached IDR 56.2 trillion. This investment, originating from 55 projects that have already commenced groundbreaking, is outside of the state budget (APBN). The projects span six education sectors, three health…
The Ministry of Trade Records 70.8% of Garlic Import Permits Issued
The Indonesian Ministry of Trade (Kemendag) reported that the issuance of Import Permits (PI) for garlic has reached 70.8% of the allocated amount, with 456,622 tons of garlic import permits issued out of a total import requirement of 645,025 tons. Director of Essential Goods at Kemendag, Bambang Wisnubroto, confirmed this…
Indonesia Exports the Most Copper to China
China is currently one of Indonesia's main trading partners, accounting for about a quarter of Indonesia's total exports. Key export products to China include natural gas, coal, and palm oil, along with copper. The Central Statistics Agency (BPS) reported that Indonesia exported 684.35 thousand tons of copper ore to China…
Sandiaga Uno Sets Target for Creative Industry Exports to Reach USD28 Billion
The Ministry of Tourism and Creative Economy (Kemenparekraf) continues to show its commitment to supporting the growth of Indonesia's creative industry. One tangible step towards this is the Apresiasi Kreasi Indonesia (AKI) Exhibition held at Mega Mall, Batam, from August 2-4, 2024. This event successfully attracted local tourists and buyers…
