Business News
OJK: Financial System Remains Stable Amid Economic Challenges
The Financial Services Authority (OJK) affirms that Indonesia’s financial sector remains stable and resilient amid global and domestic challenges. OJK Chairman Mahendra Siregar highlighted that while global economic growth is steady, inflation in major economies is easing, bringing a positive outlook. The U.S. economy remains strong, supported by domestic consumption…
Indonesia's Manufacturing PMI Expands, Positive for Economic Growth
Indonesia’s Manufacturing PMI continues its positive trend, rising to 53.6 in February 2025 from 51.9 in January, marking the highest level in 11 months. This makes Indonesia’s PMI the second highest globally after India, driven by strong new orders, increased production, and improved purchasing activity. Despite global economic uncertainty and…
Batam's Economy Grows 6.69 Percent in 2024
The Batam Central Statistics Agency (BPS) reported that Batam’s economy continued to show positive growth throughout 2024, driven by industrial recovery, increased investment, and expansion in the services and healthcare sectors. This reinforces Batam’s strategic role as an industrial and investment hub in Indonesia. According to BPS Batam Head Eko…
Indonesian Foreign Minister And Tajikistan Ambassador Explore Strengthening Economic Cooperation
Indonesian Foreign Minister Sugiono met with Tajikistan’s non-resident Ambassador, Ardasher Qodiri, on Tuesday (4/3) to strengthen bilateral cooperation, particularly in the economic sector. According to the Indonesian Ministry of Foreign Affairs (Kemlu RI), the meeting reaffirmed both nations’ commitment to enhancing economic ties. Sugiono highlighted Tajikistan as the largest Central…
