Business News

Prabowo, Prince MBS agree to expand strategic partnership in economy, investment and energy sectors

Indonesian President Prabowo Subianto and Crown Prince and Prime Minister of Saudi Arabia Prince Mohammed bin Salman (MBS) agreed to enhance strategic partnerships in the economic, investment and energy sectors when they met at Al-Salam Palace, Jeddah, on 2 July 2025. In a joint statement, they highlighted the importance of…

Positive Trend in Indonesia Fisheries Production Dominated by Fish Farming

In the first quarter of 2025, national fisheries production reached 5.58 million tonnes, growing by 2.0 % over the same period the previous year. This surge was largely thanks to a 3.0 % increase in fish farming, while seaweed rose by 2.2 % and capture fisheries by 0.7%. The Minister…

CPO One of the Largest Contributors to Indonesia's Export Performance, Here's the Data

Indonesia's crude palm oil (CPO) export performance still shows a significant contribution to the trade balance until May 2025. BPS Deputy for Distribution and Services, Pudji Ismartini, explained that throughout January-May 2025, the value of CPO exports reached USD 8.90 billion or around IDR 144.1 trillion with a volume of…

For the Sake of Indonesia's Booming Economy, the Government Encourages Integrated Transportation

The government emphasizes the importance of developing an integrated national transportation system. This step is considered crucial in order to achieve the International Monetary Fund (IMF) projection that Indonesia has the potential to become the 7th largest economy in the world in 2030 based on GDP based on purchasing power…
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