Business News
Nickel Downstreaming Boosts Indonesian Economy Tenfold
Indonesia's policy of processing raw nickel into high-value products has significantly boosted its economy, with a tenfold increase in export value since 2017. Minister of Investment and Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, highlighted that nickel export revenues soared from USD 3.3 billion in 2017 to USD…
Agriculture and Tourism Sectors Boost Green Economy in NTB
The agricultural and tourism sectors in West Nusa Tenggara (NTB) hold significant potential for integration into the region's green economy development. NTB, with its stunning natural beauty, offers a unique advantage for sustainable growth. In this context, Bank Indonesia (BI) NTB is playing an active role in promoting green economy…
Jokowi Claims IKN Boosts East Kalimantan's Economy to 7% Growth: Very High
President Joko Widodo (Jokowi) claims that the construction of the new capital city, Ibu Kota Negara (IKN) Nusantara, has significantly impacted the economy of East Kalimantan (Kaltim). He urged the public to review economic growth data from Bank Indonesia (BI), indicating consistent growth each quarter. According to Jokowi, the economic…
DIY's Economic Growth in 2024 Remains Optimistic and Strong
The growth of the DIY economy is driven by strong domestic demand and increased tourism. In 2024, DIY's economy is expected to remain robust, with an estimated growth rate of 4.8-5.6% (yoy). Governor Sri Sultan Hamengku Buwono X emphasized the need to focus on both macro and microeconomic developments to…
