Business News
Maluku's Export Destination Dominated by China in the January-November 2024 Period
Maluku's exports from January to November 2024 totaled USD 58.57 million. According to the Head of the Central Statistics Agency (BPS) of Maluku Province, Maritje Pattiwaellapia, China dominated the export market during this period, accounting for approximately 70.93% of Maluku's total exports. Exports to ASEAN countries in the same period…
Bangka Belitung Revives Economic Transformation, Focusing on Agriculture and Fisheries Sectors
The Provincial Government of the Bangka Belitung Islands is set to undertake an economic transformation, beginning with the mining sector and extending to non-mining sectors in an effort to revive the region's economy. Acting Governor Sugito stated that the government would prioritize the agriculture, plantation, and fisheries sectors in this…
Nickel Downstreaming as a Driver of Indonesia's Sustainable Economic Development
Nickel downstreaming is emerging as a key driver for Indonesia's sustainable economic development, leveraging the country's rich natural resources amid the global shift towards renewable energy and electric vehicles. By processing nickel into higher-value products like stainless steel and electric vehicle batteries, Indonesia can significantly boost its economic value, reduce…
The Minister of Trade is Optimistic that Economic Growth in 2025 Will Reach 5.2%
Minister of Trade Budi Santoso is optimistic that Indonesia's economic growth will reach 5.1% to 5.2% in 2025. He hopes that Indonesia’s economic growth will continue to improve over the next five years, ultimately reaching 8% by 2029. "The expectation is that Indonesia's economic growth will continue to rise in…
