Business News
Textile and Apparel Industry Growth Accelerates, with the Q1 of 2025 Seeing IDR 304.43 Billion in Investment
In Q1 of 2025 (January-March), the Directorate of Textile, Leather and Footwear Industry of the Ministry of Industry issued Business Certificates (SKU) for four textile and apparel industries, with a total investment of IDR 304.43 billion. These investments are expected to create 1,907 job opportunities, indicating a significant growth in…
Prabowo Officially Launches Freeport Gold Smelter in Gresik With IDR 10 Trillion Investment Value
On 17 March 2025, the President of Indonesia, Prabowo Subianto, officially launched PT Freeport Indonesia's precious metal refinery plant in the Java Integrated Industrial and Port Estate Special Economic Zone in Gresik, East Java. The plant is the first gold smelter in Indonesia, and the world's first modern gold refining…
SRC Helps 347,000 SMEs Grow Through Digitalization and Mentoring
PT HM Sampoerna Tbk is driving Indonesia's SME growth through the Sampoerna Retail Community (SRC) program, playing a key role in strengthening the national economy. According to President Director Ivan Cahyadi, collaboration between the private sector and government is essential for empowering micro, small, and medium enterprises (SMEs). By forming…
BI: Trade Surplus in February 2025 Strengthens External Resilience
Bank Indonesia (BI) views Indonesia's trade surplus in February 2025 as a positive factor in supporting the country's external economic resilience. According to BI’s Executive Director, Ramdan Denny Prakoso, the trade surplus, which amounted to USD 3.12 billion in February, continues the trend from January’s surplus of USD 3.49 billion.…
