Business News
Ministry of Industry Proposes Six-Month Export Ban on Coconut, Here's Why
The domestic coconut processing industry is facing raw material supply issues, leading to decreased productivity and utilisation. This has a detrimental effect on the sustainability of industrial activities and the number of employees. Considering the raw material shortage affecting the domestic coconut processing industry, the Director General of Agro-Industry of…
NTT is the Right Target for Salt Industry Development
The salt industry in East Nusa Tenggara (NTT) holds significant potential to become a national production hub due to its vast land suitable for salt ponds, high seawater salinity, and favorable climate with low rainfall. Economic analyst from Undana, Ricky Ekaputra Foeh, M.M., stated that NTT is an ideal region…
Jatim Talk 2024 Discusses Strategies for Accelerating East Java's Economy
Bank Indonesia's East Java Representative Office, in collaboration with the Indonesian Economic Scholars Association (ISEI) Surabaya, recently held the Jatim Talk economic seminar in Surabaya. This forum served as a platform for stakeholders to discuss strategies for boosting productivity and innovation to strengthen East Java’s inclusive and sustainable economy. In…
Minister of Home Affairs: Indonesia's economy is strong, growing 5.02% in Q4 2024
Minister of Home Affairs Muhammad Tito Karnavian affirmed that Indonesia's economy remains strong, with a 5.02% year-on-year growth in the fourth quarter of 2024. This growth places Indonesia ahead of neighboring countries such as Malaysia, Singapore, Laos, Thailand, Myanmar, and Timor Leste, which saw an 18.1% economic contraction. Despite concerns…
