Business News
Indonesian Tin Miner Timah Optimistic About Meeting 2025 Output Target
Indonesia’s state-owned tin producer PT Timah says it is confident of reaching its production goal of 21,500 metric tons of tin in 2025, despite facing significant declines in output during the first half of the year. In that period, the company saw a 32% year-on-year drop in tin ore output…
Bank Indonesia Optimistic Indonesia's Economy Will Grow 5.1% in 2025
Bank Indonesia (BI) projects Indonesia’s economy to grow by 5.1% in 2025, driven by stronger exports, ongoing government projects, and a gradual recovery in domestic demand. Governor Perry Warjiyo emphasised that this outlook reflects confidence in Indonesia’s resilience amid global uncertainties. Key growth drivers include exports, particularly commodities like palm…
National Economic Policy Harmonisation
The Ministry of Finance has introduced fiscal measures to boost resilience and growth, including an IDR 200 trillion liquidity injection into state-owned banks (Himbara), a Q4 2025 stimulus package of IDR 16.23 trillion for food aid, labour programs, tourism and SME tax incentives, and an extended income tax incentive (PPh…
Ministry of Energy and Mineral Resources Sets Record in Energy Mix Growth, Now Reaches 16%
The Ministry of Energy and Mineral Resources (ESDM) recorded its highest annual growth in the renewable energy mix, increasing by 2% in just one year, bringing the total share to 16.1%. Director General of New, Renewable Energy and Energy Conservation (EBTKE), Eniya Listiani Dewi, stated that this achievement is already…
