Business News
Japanese Investment Raises the Country's Economy, Indonesia Exports 3 Million Cars
Indonesia has reached a significant milestone in its automotive industry, marked by the export of 3 million cars, largely driven by Toyota’s long-standing investment in the country. Member of the House of Representatives, Rachmat Gobel, emphasized that this achievement reflects the strength of Indonesia’s manufacturing sector and the success of…
Finance Minister Purbaya Sees Signs Indonesia’s Economy Will Accelerate Rapidly
Minister Purbaya Yudhi Sadewa stated that he has begun to see positive signs indicating Indonesia’s economy will soon “run fast.” He expressed optimism that several macroeconomic indicators and government policies are aligning to support stronger growth momentum. Purbaya projects that Indonesia’s economy could grow around 6% in the second half…
Government Encourages Automotive Industry to Expand Exports to Mexico
The Indonesian government is pushing its automotive industry to diversify export destinations, with Mexico identified as a key target. Coordinating Minister for Economic Affairs Airlangga Hartarto said that Indonesia’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP-TPP) could help remove trade barriers such as Mexico’s trade-in quota,…
Smooth Lobbying, Export of Renewable Electricity to Singapore Soon to Be Agreed
Indonesia’s Energy and Mineral Resources Minister, Bahlil Lahadalia, has indicated that an agreement to export renewable electricity (EBT) to Singapore is close to being finalized. Negotiations between the two governments have reached convergence, and while a Memorandum of Understanding (MoU) is already signed, the final agreement is expected shortly. As…
