Business News
Indonesia's Franchise Industry: Continues to Thrive Amid Positive Investment Outlook
The franchise industry in Indonesia is gaining attention due to increasingly enticing investment prospects, reflecting a positive trend in Indonesia's economic growth, with franchises playing a pivotal role as a primary driver. The rapid growth in this sector mirrors investors' strong confidence in Indonesia's market potential. This business model benefits…
Palm Oil Plantations Play a Crucial Role in Supporting Indonesia's Economy
The palm oil plantation sector plays a crucial role in supporting Indonesia's economy, resilient even amid challenges like the COVID-19 pandemic. Ahmad Junaedi Karso, a Political Science lecturer at the University of Muhammadiyah Makassar, emphasizes the significant contribution of the palm oil plantation sector to the national economy. He underlines…
The Finance Minister Highlights that 47% of Economic Activities Remain Tax-Free
Finance Minister Sri Mulyani Indrawati revealed that up to 47% of economic activities in Indonesia are currently exempt from taxes, positioning Indonesia as the country with the highest tax exemption rate. Speaking at the Mandiri Investment Forum 2024 in Jakarta on Tuesday, March 5, she emphasized that more than 47%…
Confronted with an economic downturn trend, the manufacturing activity in Indonesia stays resilient
Amidst a global economic downturn, Indonesia's manufacturing sector continues to exhibit robust performance. The Purchasing Managers’ Index (PMI) for Indonesian manufacturing in February 2024 remains in the expansion zone, at a level of 52.7 (compared to 52.9 in January). Despite facing a trend of weakening global economic activity, domestic demand…
